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08/07/2007 12:35 7142450094SAPD FISCAL PAGE 10115 <br />FILE- OC -87 <br />24 2IVvn-Sxc l'u ^ive�.0:.ir�nse. "the Iica rise given hereunder Is not exclusive 'and <br />0i"M spaoittoally reserves the right to give other licenses within the License Property, <br />a,a•®veMInL s_may. This Agreement shall be governed by the laws of the State <br />•... <br />rt,ca, <br />U,Aevarol i . If any terra; dovanant oonditlon or provision of this Agreement, <br />!i^„r�,rtirall•thereof To any person or circumstance, shall to any extent be held by a <br />VQLTI,, i,',0 rarrrnpaterrt j+.tdsdiLtican to, be invalid, void or unenforceable, the remainder of the <br />'rviilq, or,,verbants, conditions, or provlslons of this- Agreement, or the,6pplloafion thereof to <br />ony person or clrcumstarlo, shall remaln In full foroe and effect and shell in no way be <br />affected, Impaired or invalldated thereby, <br />4.6%natqt ata„;La9 t.�w�U61igtaklc�ns., Sxcept as expressly herein provided, any <br />^r.a,ra mase -to 00TA which Is not paid when due shall bear interest, from the date due, at <br />.°nn),,” murn rates then allowable by law.. Suoth interest will be due (EGTA as it accrues. <br />Payment of ouch interest shall not excuse or cure any default by I.1mrisee under this <br />NIraxxnent.. Interest shtall not, be payable on late charges incxlrred by Lidantee. <br />40I"8 , !aV_k f,, d ;,, "➢1�IIr &ns. All obligations of Licensee hereunder not fully <br />es of the expiration or earlier ftewrilnation of the Term of this Agreement shall <br />curvlve' tilos: exgtr�ttl an or e adiar'ttrrNra;:aRlon of this Agreement, including without limitation, all <br />opt+r,"eryt. obligations smith resfaect to LirAnse Frans and all obligations concerning the <br />,r of the OCTA property and the F'adility, <br />@vr, C'�¢.y1/ _ " r.µcgrrP I" as. The waiver by one party of the <br />.'aro of rany covenant or Coridition under this Agreement shall not Invalidgto this <br />��•,..r eau,: erose° shsll It be considered a waiver by it oaf any dther'coveriant or condition under <br />t;'r§:s ,r�ogirraeonent. <br />24,8 jjopprr tirt t, This Agreement rimy be amended at mny time by the wdtter7 <br />agreement of OGTA,,end t^Iran, ee. All arnandirrrents, changes, revisions, and discharges of <br />this ,Avlt'oeenorit Inwhole hole or° in part, anti •frrarn time to time, shall be binding upon the -parties, <br />so l6ng as the sa;lme sh all be in wrifing aand eixecuted by the paartl�s Hereto, <br />.9 � aartngt7r.rnt, This Agreement and the license given hereunder are personal <br />t!e ens„ee, 11cacMnSee Shull nut os,91gn or tmrisfer (whether voluntarily or involuntarily) <br />ta'a",t�1 yrs rsearaear°rt Orr 41 ioio Orin hart, or Permit any other person or entity to use the rights or <br />given hereunder, without the prior written consent of OCTA, which may be <br />v;rt>in 4" 0TA'a sole and absolute diecre[ion, and any etter•npted act In vlolntlon of the <br />Pp!te 12 ref 16 <br />