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EXHIBIT G BOWERS LICENSE AGREEMENT THIS BOWERS LICENSE AGREEMENT (this "Agreement") is made as of , 2006 by and between The Charles W. Bowers Museum Corporation, a California non-profit, public benefit corporation, dba The Bowers Museum of Cultural Art ("Licensee") and Steadfast Courtyards, L.P., a California limited partnership ("Licensor"), with reference to the following facts: A. Licensor is the owner of that certain real property located in the City of Santa Ana, County of Orange, State of California, having addresses of 2100 N. Main Street and 2110 N. Main Street, bearing Assessors Parcel Numbers 399-102-05, 399-102-06 and 399-102- 07, and more particularly described on Exhibit A attached hereto and made a part hereof (the "Licensor Land"). B. Pursuant to that certain Land Exchange Agreement and Joint Escrow Instructions ("LEA") dated as of September 6, 2005 by and between Licensor and the City of Santa Ana, a charter city duly organized under the Constitution and laws of the State of California ("City"), Licensor has agreed to convey the Licensor Land to City and City has agreed to convey to Licensor certain real property owned by the City and presently used by Licensee ("City Land"), all in accordance with the terms and provision of the LEA. C. Pursuant to the LEA, Licensor has also agreed to provide Licensee with the right to use portions of the Licensor Property for the purposes and subject to the terms and conditions set forth herein. NOW, THEREFORE, in consideration of the covenants contained in this Agreement and other good and valuable consideration, receipt of which is acknowledged, the parties hereto hereby agree as follows: I. Grant of License. Licensor hereby grants to Licensee a non-exclusive license (the "License") over all of the Licensor Land except for the buildings located thereon (the "License Area"). Licensor and Licensee each acknowledge and agree that the License does not include the right to use any portion of the buildings located on the Licensor Land. The License Area may be used solely for (i) pedestrian and vehicular ingress, egress and access, and (ii) staging and temporary storage related to Licensee's construction on and redevelopment of the real property located adjacent to and immediately to the south of the Licensor Land. Licensor reserves the right to use the License Area for any and all purposes which do not prevent Licensee's use of the License Area for the foregoing purposes. 2. Term. The License granted herein shall commence on the date of this Agreement and shall terminate and thereafter be of no further force or effect on the later of (i) thirty (30) days from the date that Licensee gives written notice of its intent to vacate to Licensor, or (ii) November I, 2006 (such period is referred to herein as the "Term"). In 40836735.16 Exhibit G