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ORIGINAL c tc, li� X" (),i,' AT E: AGREEMENT BY AND AMONG LEO FREEDMAN FOUNDATION AND THE CITY OF SANTA ANA JUNE 29, 1992 THIS AGREEMENT, is made and entered into this 29th day of Julie, 1.992, by and between the CITY OF SANTA ANA, a municipal corporation of the State of California, ("CITY") and ELLIS STERN and SHARON JAQUITH as Trustees of the LEO FREEDMAN FOUNDATION, under a declaration of trust dated 1/6/89 ("Donors"). WHEREAS, Donors are proposing to enter into a Grant Agreement with the CliarlesW. Bowers Museum Corporation (the "Museum Corporation") whereby Donors will grant the Museum Corporation $ 1,000,000 over a term of years in return for the designation by the Museum Corporation of the Galleria oil the museum premises commonly referred to as The Bowers Museum of Cultural Art and located at 2002 North Main Street, Santa Ana, California 92706-2776 (the "Museum Premises") as the "Leo Freedman Foundation Galleria"; and WHEREAS, Such Grant Agreement is contingent upon the City executing an agreement approving the terms and conditions of such Grant Agreement; NOW, THEREFORE, the parties hereto do hereby agree as follows: 1. The City hereby approves the terms and conditions of the Grant Agreement as set forth in Exhibit A, attached hereto and incorporated herein, and agrees to be bound thereby, and by Such modifications or amendments thereto as the Trustees of the Leo Freedman Foundation and the Museum Corporation may mutually agree upon in writing. 2. In consideration of the public benefit that will result from the performance of the Grant Agreement by the Donors, and on condition that the Grant Agreement is executed and duly performed by the Donors, the City agrees that in the event the Museum Corporation no longer operates the Museum Premises, the City, as a condition to granting a new operator(s) permission to operate the Museum Premises, or as a condition of the City operating the Museum Premises Should the City so elect, shall require that the name "Leo Freedman Foundation Galleria" shall remain in perpetuity as the name of the galleria on the Museum Premises and shall require that the new operator(s) maintain and operate the Galleria in perpetuity. Further, the City shall require any new operator(s) to be subject to and bound by the terms and conditions set forth in the Grant Agreement attached hereto and incorporated herein.