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<br />, <br /> <br />. <br /> <br />. <br /> <br />shall expire on the thirtieth day of June, 2010 unless this Agreement is terminated earlier, <br />pursuant to the provisions of this Agreement, or otherwise according to law. <br /> <br />3. COMPENSATION TO CITY <br /> <br />As consideration for the exclusive rights granted hereunder, GRANTEE hereby agrees to <br />an initial capital fee of$l,OOO,OOO.OO. Additionally, for each year during the term of this <br />Agreement, in consideration for the rights granted hereby, GRANTEE agrees to pay to <br />CITY a annual use fee equal to the annual rates set forth in Attachment A. <br /> <br />If at any time during the Term, GRANTEE and CITY agree to add additional shelters to <br />the number of shelters initially authorized, the payment shall be increased for each <br />additional shelter in the amount reflected in Attachment A. <br /> <br />4. BUS SHELTERS AND BENCHES- INST ALLA TION <br /> <br />GRANTEE shall initially provide CITY with a minimum of 160 advertising bus shelters, <br />and approximately 616 non-advertising bus benches, with at least one associated trash <br />container at each shelter or bench; the goal of this agreement being to provide at least one <br />shelter or one bench at each OCT A bus stop in the City of Santa Ana. GRANTEE shall <br />also provide an additional eight (8) non-advertising shelters (and associated trash <br />containers) at locations selected by the CITY, from time to time. <br /> <br />In addition to the foregoing minimums, GRANTEE shall provide 50 custom, distinct <br />non-advertising benches and 100 matching trash containers to be installed in the City's <br />downtown area as designated by the CITY. <br /> <br />Installation of all shelters and benches shall conform to the Orange County <br />Transportation Authority's "BUS FACILITIES HANDBOOK" dated April, 1996, made <br />available through that agency, and made a part hereof by this reference. The GRANTEE <br />shall be responsible for coordination with OCT A to obtain any required approvals for <br />location of shelters or benches by OCT A. The bus shelters and benches shall be installed <br />in accordance with the schedule attached hereto as Attachment B. <br /> <br />GRANTEE shall permanently affix in a conspicuous area on each shelter and/or bench an <br />owner identification tag which includes GRANTEE'S business name and 24 hour service <br />telephone number. <br /> <br />The GRANTEE shall apply for, and obtain at its own cost any necessary electrical <br />service permits from the Southern California Edison Company. Metered electrical <br />charges shall be at the GRANTEE'S sole expense. Solar powered electrical lighting <br />systems are not to be used, except as expressly permitted as set forth in Attachment C. <br /> <br />2 <br />