A WHITE & YELLOW CAB, INC 1 - 2005

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DO NOT RECORD 12/06/05 (d) Any holding over after the expiration of the Term or Renewed Term, with the consent of Licensor, shall be construed to be an extension from month to month and shall otherwise be consistent with the terns and conditions contained herein. Section 1.04 Licensee's Proposal. In response to Licensor's Request for Proposals sent out on May 31, 2005, Licensee submitted the most responsive proposal. Licensee's Proposal dated July 18,2005 is attached hereto as Exhibit C, and all terms and conditions contained therein are incorporated herein as if set forth in their entirety. Section 1.05 Non- Possessory Interest Licensor retains full possession of the License Area and Licensee will not acquire any interest temporary, permanent, irrevocable, possessory or otherwise by reason of this Agreement, or by the exercise of the permission given herein. Licensee will make no claim to any such interest. Any violation of this provision will immediately void and terminate this Agreement. Section 1.06 Non - Recording Neither party shall record this Agreement. ARTICLE 2 — TAXES AND UTILITIES Section 2.01 Taxes Licensee is responsible for all taxes on the Property, which includes the License Area. ARTICLE 3 — IMPROVEMENTS AND ACCESS Section 3.01 Licensee's Responsibilities. (a) Licensee shall hold title only to Licensee's property and any equipment placed on the License Area by Licensee. Licensee shall repair any damage to the License Area and will leave the License Area in satisfactory condition as approved in writing by Licensor. Licensee shall be required to remove all its property /equipment upon expiration/termination of the License. Any personal property, equipment or other improvements that are not removed within said thirty -day period shall become the property of Licensor, at Licensor's option. (b) Each party shall provide access to the License Area to the other party, and its employees, agents, contractors and subcontractors, twenty -four (24)