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LICENSE AGREEMENT
<br />This License Agreement (the "License") is entered into the day of 2021 (the
<br />"Effective Date") by and between 6660 Beta, LLC, an Ohio limited liability company located at
<br />6660 Beta Dr., Mayfield, Ohio 44143 (the "Licensor"), Mayfield Village, Ohio, an Ohio municipal
<br />corporation located at 6622 Wilson Mills Rd., Mayfield Village Ohio 44143 (the "Licensee") and
<br />345 Miner Road LLC, an Ohio limited liability company ("Developer").
<br />WHEREAS, Licensor is the record owner of real property located on Beta Dr., Mayfield
<br />Village, Ohio (PPN 831-12-003) (the `'Licensor Property-'); and
<br />WHEREAS, Licensee entered into a Development Agreement with Developer dated
<br />January 29, 2019 in order to construct a residential development on Highland Road in Mayfield
<br />Village (the "Development"); and
<br />WHEREAS, Licensee maintains the Bruce G. Rinker Greenway (the "Greenway")
<br />throughout Mayfield Village and in accordance with the Development Agreement Developer
<br />agreed to install a connection to the Greenway across the Licensor Property (the "Trail
<br />Connector"); and
<br />WHEREAS, the Parties hereto are desirous of entering into this License Agreement to
<br />allow Licensee, its members, directors, officers, employees, contractors, agents, business invitees
<br />and general public access to the License Area, as defined hereinbelow, located on the Licensor
<br />Property, for ingress, egress and general recreation is accordance with the terms below.
<br />NOW, THEREFORE, for valuable consideration paid, the parties agree as follows:
<br />1. Grant of License. Licensor hereby grants to Licensee, its members, directors, officers,
<br />employees, contractors, agents, business invitees and general public, license to the twelve (12) foot
<br />wide area located on the Licensor Property, as depicted on Exhibit "A", attached hereto and
<br />incorporated herein by reference, (the "License Area") for ingress, egress and general recreation.
<br />Further, Licensor grants to Developer its members, directors, officers, employees, contractors,
<br />agents, and business invitees, license to the License Area located on the Licensor Property and the
<br />area surrounding the License Area reasonable needed for the construction of the Trial Connector.
<br />Installation and construction costs of the Trail Connector shall be borne exclusively by the
<br />Developer. Licensor shall have no financial responsibility for the installation and construction of
<br />the Trial Connector.
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