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<br />LICENSE AGREEMENT <br />THIS AGREEMENT, made as of the 23 day of 2004, by <br />and between 731 Beta, Ltd., an Ohio limited liability company, (hereinafter referred to as <br />"LICENSOR"), and Mayfield Village, Ohio an Ohio Municipal Corporation, 6621 Wilson <br />Mills Road; Mayfield Village, Ohio 44143-3499 (hereinafter called the "LICENSEE"). In <br />consideration of the performance and the observance of the conditions hereinafter contained <br />and other good and valuable consideration, the Licensor and Licensee ab ee as follows: <br />Licensor does hereby grant to the Licensee a non-exclusive, revocable license to <br />construct, maintain, replace, repair, patrol, and use the following premises for an all purpose, <br />non-vehicular public hiking and biking trail, and related purposes, such premises being a strip <br />of real property ten (10) feet wide running along the far eastern boundary of Licensor's real <br />property located at 731-739 Beta Drive, Mayfield Village, Ohio 44143 and further located as <br />shown on the drawing marked Exhibit "A", (collectively referred to as the "Premises"), <br />attached hereto and made a part hereof. <br />2. This License shall be in full force and effect for a period of one (1) year <br />commencing as of the day set forth above and ending on the 315' day of December 2005 <br />("Term") and shall continue on a year-to-year basis thereafter until canceled by either party by <br />ninety (90) days' written notice. <br />3. Licensee shall have the right, as its sole risk and expense, to use the Premises <br />under such terms and conditions as it deems necessary and to allow the public to use the <br />Premises for a non-vehicular hike and bike trail and related purposes and shall provide all <br />facilities, safeguards and equipment necessary or desirable for such purpose. <br />S:C:\DOCUN[E- I\Iv1.4RKP-1.PAMI.OCALS-1\Temp\B ikePathLicenseFinal.doc 1 ? <br />EXWIBIT <br />a <br />a <br />9 A