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? EXHIBIT <br />? <br />LICENSE AGREEMENT <br />THIS LICENSE AGREEMENT (the "Agreement") is made and executed at North <br />Olmsted, Ohio, by and between the City of North Olmsted, an Ohio municipal corporation <br />(hereinafter, "Licensor"), whose main office is located at 5200 Dover Center Road, City of North <br />Olmsted, Ohio 44070, Joseph and Florence Coleman, residing at 4387 Dover Center Road, City <br />of North Olmsted, Ohio 44070 and the Pine Ridge Homeowners Association, care of <br />, its President, located at , City of North <br />Olmsted, Ohio (collectively "Licensee"), as follows: <br />RECITALS <br />A. For the purpose of, among other things, safety of the motoring public and the <br />maintenance of public utilities and streets, Licensor has exclusive authority to regulate the use of <br />property that falls within the public right of way, inclusive of property between the sidewalk and <br />the paved portion of the roadway located at 4387 Dover Center Road, City of North Olmsted, <br />Ohio ("Licensor's Right of Way"). <br />B. Licensee Colemans are the owners of a certain parcel of land located at 4387 <br />Dover Center Road, City of North Olmsted, Ohio "(Licensee's Property"). <br />C. Licensee Pine Ridge Homeowners Association seeks to construct an identification <br />sign for its development within Licensor's Right of Way and upon Licensee's Property. <br />NOW, THEREFORE, for good and valuable consideration, the receipt and <br />sufficiency of which are mutually acknowledged, the parties hereby agree as follows: <br />1. Licensor grants to Licensee Colemans and Licensee Pine Ridge <br />Homeowners Association a license to use Licensor's Right of Way for construction of a"Pine <br />Ridge" sign, as identified on the Attached Exhibit A. <br />2. Licensee Colemans, in turn, grant to Licensee Pine Ridge Homeowners <br />Association a license to use Licensee's Property for construction of a"Pine Ridge" sign, as <br />identified on the Attached Exhibit A. <br />3. Notwithstanding the licenses granted herein, Licensor's Right of Way <br />shall continue to be regulated and restricted as to usage and construction of improvements <br />therein by Licensor and Licensor may use, maintain, make repairs to and replace improvements <br />within Licensor's Right of Way, in whole or in part at any time, without unreasonable disruption <br />of Licensees' permitted uses. <br />4. Licensee Pine Ridge Homeowners Association agrees that it shall use <br />Licensor's Right of Way and Licensee / Licensor Coleman's Property and exercise its rights <br />hereunder at its sole risk, cost and expense. Licensee Pine Ridge Homeowners Association <br />agrees for itself and its agents, employees, successors and assigns, to use Licensor's Right of <br />Way in common with Licensor and its employees and agents and further agrees that it shall not <br />obstruct sight lines or interfere with the flow of traffic by exercising the rights hereunder.