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this License and any extension hereto; provided, however, that such adjustment shall not exceed the monthly rent changed by the City to the public at large to park at the Parking Garage. The license fee shall be due and payable on the I st of each month in advance, made payable to "The City of Santa Ana, Attention Administrative Services Division" at the following address: 20 Civic Center Plaza, Community Development Agency (M-25), P.O. Box 1988, Santa Ana, CA 92701. The location for payment may be modified in writing by the City to the Developer with thirty (30) days notice. The aforementioned five (5) dedicated, covered parking spaces will be Licensed for a monthly rate equal to a premium of 50% of the established monthly rate for non-dedicated parking spaces. During the term of the License of any extension thereto, City reserves the right to adjust the rates for the monthly or annual rates at the City's sole discretion to the same extent as the City adjusts rates for members of the general public. A late charge often percent (10%) shall be applied after any payment hereunder is due but unpaid by the 5th of each month. In addition, one and a half percent (I Yz%) interest per month shall be added for each month that payment hereunder is due but unpaid. If after any ninety (90) day period the fees, late charge, and/or interest remain due but unpaid on any space(s), the Developer shall have ten (10) days, after City provides notice as specified in section 11, paragraph b hereinbelow, to cure the default. Ifthe Developer fails to cure the default, any and all rights provided with this Agreement related to any parking space(s) in default shall be terminated and the City shall be relieved of any and all obligations relating to those spaces. 4. Use. The parking spaces in the Parking Garage shall be used exclusively for the purpose as parking for motor vehicles of Developer's employees, and may not be otherwise sublet, sold or assigned. The City, at its sole discretion, may need to close off or alter the number of available spaces within the parking structure for the purposes of performing maintenance, construction and/or repairs. The City will provide Developer with thirty (30) days notice, except in the case of emergency activities, when said maintenance, construction and/or repair activities will impact the ability for the City to provide the Developer with the parking spaces specified in Section 1 of this Agreement. If the City cannot provide the parking spaces within the parking structure, the City may at its sole discretion, provide parking spaces at another City owned parking structure at the same monthly rate or abate the license fee prorated by the number of days and the number of spaces impacted by said maintenance, construction and/or repair activities. 5. Rules and Regulations. The Developer shall faithfully observe and comply with the rules and regulations that City shall from time to time promulgate on the use of the Parking Garage. At a minimum, Developer must agree to abide by the terms ofthe City's standard "no bailment" release. City reserves the right from time to time to make all reasonable modifications to said rules. The additions and modifications to those rules shall be binding upon Developer upon delivery of a copy to Developer. City shall not be responsible to Developer for the nonperformance of any said rules by any other occupants. The City will provide the Developer with a thirty (30) day written notice to cure any of Developer' s failure to comply with the provided rules and regulations. Any failure of Developer's parking space occupant(s) to comply with the provided rules and regulation will subject said occupant(s), at City's sole discretion, to expulsion from the 3