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4. Agreement By execution of this Agreement, Licensee agrees for itself and on the behalf of its employees, agents, consultants and contractors as follows: a. The Property owned by the Licensor shall only be used for the art exhibition Santa Aria Fairy Tales by Santa Ana artist/writer ,Sarah Rafael Garcia scheduled to open in the Grand Central Art Center's main gallery space on March 4, 2017, and run through May 14, 2017, and for no other purposes without the prior written approval of the Licensor; b. There is no payment due to the Licensor or Licensee for use of the Property; c. The Property must be returned to the Licensor in the condition in was received, and the Licensor shall be responsible for all reasonable repairs should any damage occur to the Property during the termof this Agreement; d. Licensee shall store the Property in a safe and, secure location inside the Grand Central Art Center, with no charge to Licensee or Licensor; e. The Property shall not be operated or used in any manner other than for display purposes; f, Licensee shall be responsible for transport of the Property from the City Yard at the commencement of the Agreement and return of the Property to the City Yard at the conclusion of the Agreement; and, g. Licensee shall display the Property entirely at its own cost, risk and expense. 3. Insurance Prior to undertaking use of the Property under this Agreement, Licensee shall maintain and shall require its subcontractors, if any, to obtain and maintain insurance as described below: a, Licensee shall maintain commercial general liability insurance naming the Licensor and its officers, employees, agents, volunteers and representatives as additional insured(s) and shall include, but not be limited to, protection against claims arising from bodily and personal injury, including death resulting therefrom and damage to property, resulting from any act or occurrence arising out of Licensee's operations in the performance of this Agreement, including, without limitation, acts involving vehicles. The amounts of insurance shall be not less than the following: single limit coverage applying to bodily and personal injury, including death resulting therefrom, and property damage, in the total amount of $1,000,000.00 per occurrence, and $2,000,000 in the aggregate. Licensee shall supply Licensor with a fully executed additional insured endorsement upon execution of this Agreement. b. Business automobile liability insurance, or equivalent form, with a combined single limit of not less than $1,000,000 per occurrence. Such insurance shall include coverage for owned, hired and non -owned automobiles. 2