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The Owner hereby authorizes those Invitees with a voucher to enter onto and utilize the <br />Premises. <br />Term 2. The term of this Occupancy Agreement shall commence on July 19, 2021, and shall <br />continue month to month, with such rights of termination as may be hereinafter expressly set forth. <br />Early 3. Either Party may terminate this Occupancy Agreement at anytime by giving written notice <br />Termination to the other Party thirty (30) days prior to the date when such termination shall become effective. <br />If the Occupant fails to complete its move out within the notice period and remains in the Premises, <br />additional rent for any remaining occupied rooms shall be paid and prorated on a thirty (30) day <br />month, based on the actual number of days the Occupant occupies said rooms on the Premises <br />following the effective date of termination. <br />Rent 4. Rental payments shall be paid by the Occupant, from legally available funds, in arrears on <br />the last day of each month, upon invoice from the Owner, during said term as follows: <br />THE DAILY RATE FOR PURPOSES OF THE ABOVE CALCULATIONS IS BASED ON THE <br />FOLLOWING CALCULATION: $99.00 plus tax (2% SATMD, 11% TOT and .19 CA tourism fee) <br />PER DAY PER ROOM. <br />At the end of each month, Owner will submit to Occupant an invoice documenting the number <br />of daily rooms occupied at the agreed upon rate above. <br />Rental payments shall be paid to Owner at the address specified in Paragraph 5 or to such <br />other address as the Owner may designate by a notice in writing or by direct deposit. <br />Notices 5. All notices and correspondence herein provided to be given, or which may be given by <br />either party to the other, shall be deemed to have been fully given when made in writing and <br />either: 1) sent via electronic mail; 2) deposited in the United States Mail, certified and postage <br />prepaid; or 3) sent via an alternate commercial overnight delivery service (Le., FedEx or similar) <br />with receiver's signature required; and addressed as follows: <br />To the Owner: GRANDH117, LLC dba: Holiday Inn Santa Ana <br />2726 S. Grand Avenue, Santa Ana, CA 92705 <br />Phone: 714-481-6300 <br />Email: Barbaras@hi-oca.com <br />To Occupant: <br />Executive Director <br />Community Development Agency <br />City of Santa Ana <br />20 Civic Center Plaza (M-25) <br />P.O. Box 1988 <br />Santa Ana, California 92702 <br />Fax: 714-647-6549 <br />ALL NOTICES AND CORRESPONDENCE MUST REFERENCE <br />OCCPANT AND PREMISES ADDRESS <br />Upon invoice by Owner, as set forth above, Rental Payments shall be made payable to: <br />GRANDH117. LLC <br />and mailed to: Holiday Inn Santa Ana <br />Attn: Heber Jaen <br />Address: 2726 S. Grand Avenue, Santa Ana, CA 92705 <br />Page - 2 <br />