SOUTHERN CALIFORNIA EDISON COMPANY 50

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1. Use: Licensee will use the Property for parks and /or public recreation purposes only. Licensor makes no representation, covenant, warranty or promise that the Property is fit for any particular use, including the use for which this Agreement is made and Licensee is not relying on any such representation, covenant, warranty or promise. Licensee's failure to utilize the Property in accordance with this License as determined by the Licensor in its sole discretion will be grounds for immediate termination of this Agreement in accordance with Article 29. 2. Term: Unless otherwise terminated as provided herein, this Agreement will be in effect for a term of five (5) years commencing on the first day of May, 2013 and ending on the last day of April, 2018. Licensee acknowledges that this Agreement does not entitle Licensee to any subsequent agreement, for any reason whatsoever, regardless of the use Licensee makes of the Property, the improvements Licensee places on or makes to the Property, or for any other reason. 3. Consideration: Licensee will pay to Licensor the sum of Twelve Hundred Fifty and 00/ 100 Dollars ($1,250.00) upon the execution and delivery of this Agreement, for the full term of this Agreement. All accounts not paid within 30 days of the agreed upon due date will be charged a late fee equal to ten percent (10 %) of the amount due. To the extent a payment is not made within sixty (60) days, Licensor may increase the late fee to twenty percent (20 %) of the amount due. Licensor shall further be entitled to any other fees associated with collection of the unpaid amounts (including, but not limited to attorney's fees and costs). All payments subsequent to the initial payment will be paid to the Southern California Edison Company, Post Office Box 800 Rosemead, California, 91770, and Attention: Corporate Accounting Department - Accounts Receivable. insurance: 4. Insurance: During the term of this Agreement, Licensee shall maintain the following (a) Workers' Compensation with statutory limits, in accordance with the laws of the State of California and Employer's Liability with limits of not less than $1,000,000 each accident, disease /each employee, and disease /policy limit. Licensee shall require its insurer to waive all rights of subrogation against Licensor, its officers, agents and employees, except for any liability resulting from the willful or grossly negligent acts of the Licensor. (b) Commercial General Liabilitv insurance, including contractual liability and products liability, with limits not less than $2,000,000 per occurrence. Such insurance shall: (i) name Licensor, its officers, agents and employees as additional insureds, but only for Licensee's acts or omissions; (ii) be primary for all purposes (iii) contain separation of insureds or cross - liability clause, and (iv) require its insurer to waive all rights of subrogation against Licensor, its officers, agents and employees, except for any liability resulting from the willful or grossly negligent acts of the Licensor. (c) Commercial Automobile Liabilitv insurance with a combined single limit of $1,000,000. Such insurance shall cover the use of owned, non -owned and hired vehicles on the Property. (d) Self- insurance: Licensee may self - insure all of the insurance requirements above if they belong to an approved Secondary Use Category and the self- insurance is maintained -3- 11.20.2012_V9.1 Initial ( M ID )/( ) Licensor /Licensee