BRISTOL LIQUOR AND MARKET-2008 - Laserfiche WebLink

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2. CONSIDERATION Commencing August 1, 2007, and continuing without offset through October 31, 2008 ("Vacate Date"), Licensee shall pay to Licensor a monthly rental ("Monthly Rental") in the amount of ONE THOUSAND TWO HUNDRED AND NO/100 DOLLARS ($1,200.00) for use of the License Area. Monthly Rental shall be paid or abated in accordance with the provisions stated in Section 2(C) of the ASA entered into by the Parties. 3. DUTIES OF LICENSEE A. Licensee agrees to comply with any reasonable requests or mandates by Licensor related to the use of the License Area in accordance with Section 1 of this License. B. Licensee shall maintain the License Area in a neat, clean, sanitary and safe condition, to the satisfaction of Licensor, at the sole cost and expense of the Licensee. The License Area shall be maintained in a manner consistent with community standards which will prevent waste and uphold the value of the Property in accordance with this License; the Santa Ana Municipal Code; and all other applicable local, state and federal statutes, rules, regulations and standards. C. Licensee shall be responsible for the payment of all chazges or fees in connection with Utility Services provided to the License Area. "Utility Services" shall include, inter alia, natural gas, water, phone, electricity and sewer. D. Licensee shall not record, hypothecate, assign or attempt to record, hypothecate or assign this personal License. Any attempt by Licensee to record, hypothecate or assign this License shall automatically terminate this License and render it null and void. 4. REVOCATION OF LICENSE /TERMINATION OF OCCUPANCY A. This License shall automatically terminate on October 31, 2008. B. This License may be terminated by either party with 30 days written notice to the other party. Licensor may revoke this License, at will, in its sole and absolute discretion, upon thirty (30) days written notice to Licensee. C. Licensee accepts the License Area in an "as is" condition, and upon termination or revocation of this License. Licensee shall, at its own cost and expense, remove all personal property and improvements installed by Licensee and shall surrender possession of the License Area to the Licensor. D. In the event Licensee fails, neglects, or refuses to remove said personal property and/or improvements and restore the License Area, such removal and restorations may be performed by Licensor, in its sole discretion, at the expense of Licensee, which expense(s) shall be deducted as an offset from the payment referred to in Section I (C) of the ASA entered into by the Parties. Acquisition Settlement Agreement 9of13 Tenant's Initials