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EXHIBIT LICENSE AGREEMENT THIS LICENSE AGREEMENT (the "Agreement") is made and executed at North Olmsted, Ohio, by and between the City of North Olmsted, an Ohio municipal corporation (hereinafter. "Licensor"), whose main office is located at 5200 Dover Center Road, City of Nortll Olmsted, Ohio 44070, and 4879 Columbia Road Associates, Limited .Property Owner (hereinafter, "Licensee"), whose main office is located at 4645 Richmond Road, 4101, Warrensville Heights, Ohio 44128, as follows: RECITALS A. For the pua-pose of, among other things, safety of the motoring public and the maintenance of public utilities and streets, Licensor has exclusive authority to regulate the use of property that falls within the public right of way, inclusive of property between the sidewalk and the paved portion of the roadway located at 4879 Columbia Road, City of North Olmsted, Ohio ("Licensor's Right of Way"). B. Licensee is the owners of a certain parcel of land located at 4879 Columbia Road, City of North Olmsted, Ohio "(Licensee's Property"). C. Licensee seeks to construct an identification sign for its property within Licensor's Right of Way and upon Licensee's Property. NOW, THEREIiORE, for good and valuable consideration, the receipt and sufficiency of which are mutually acknowledged, the parties hereby agree as follows: 1. Licensor grants to Licensee a license to use Licensor's Right of Way for construction of an identification sign, as identified on the Attached Exhibit A. 2. Notwithstanding the license granted herein, Licensor's Right of Way shall continue to be regulated and restricted as to usage and construction of improvements therein by Licensor and Licensor may use, maintain, make repairs to and replace improvements within Licensor's Right of Way, in whole or in pail at any time, without unreasonable disruption of Licensees' permitted uses. 3. Licensee agrees that it shall use Licensor's Right of Way and exercise its rights hereunder at its sole risk, cost and expense. Licensee agrees for itself and its agents, employees, successors and assigns, to use Licensor's Right of Way in common with Licensor and its employees and agents and further agrees that it shall not obstruct sight lines or interfere with the flow of traffic by exercising the rights hereunder. Licensee and its agents, successors and assigns shall not cause or permit unreasonable wear, tear, damage or loss to or within Licensor's Right of Way. Licensee agrees to promptly repair, at its sole cost, all wear, tear, damage or loss. 4. Licensee agrees to keep the improvement identification sign constructed in Licensor's Right of Way in good and sightly condition at all times.