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a EXHfBIT W J a o2o J~ ~ J J Q LEASE AGREEMENT This Lease is made and executed in duplicate at North Olmsted, Ohio, by and between the City of North Olmsted, an Ohio municipal corporation (hereinafter, "Lessor"), whose main office is located at 5200 Dover Center Road, City of North Olmsted, Ohio 44070, and Morris Pontiac - GMC, Inc., dba Morris Cadillac -Buick - GMC, Inc. (hereinafter, "Lessee"), whose main office is located at 26100 Lorain Road, North Olmsted, Ohio 44070, as follows: Lessor desires to let space in the parking lot of the North Olmsted Recreation Center, 26000 Lorain Road, North Olmsted, Ohio, 44070 to Lessee for use as temporary storage of new and used vehicle inventory. Lessee desires to obtain a lease of space in the said parking lot, and to temporarily occupy such space for storage of new and used vehicle inventory. The parties therefore agree as follows: Section I Description of Lease Space The premises to be leased are designated on the map attached hereto as Exhibit A and made a part hereof ("leased space"). Although not a part of the leased space, Lessee is also granted non- exclusive use of the North Olmsted Recreation Center private drive as a means of ingress and egress to the leased space. Section II Use The leased space described in this lease is to be used exclusively as a place to store new and used vehicle inventory. Lessee agrees to restrict the use of the leased space to said purpose. Lessor agrees that it shall not store construction vehicles or related construction equipment on said leased space. Lessor further agrees that it shall not store salvaged or junked vehicles in the leased space. Lessor further agrees that it shall not store in the leased space vehicles awaiting repairs at its service garage or vehicles awaiting repairs at its collision repair center. Lessee acknowledges that it is using an area within a functioning parking lot. As a result, Lessor cannot guarantee the exclusive use of such space. Lessee is solely responsible for arranging vehicles in such a fashion so as to define the boundaries of the leased space. The leased space may not be defined with barricades or other features unless agreed to by Lessor. Lessee agrees that from time to time, Lessor may require the use of such space for parking