## LICENSE AGREEMENT

This License Agreement (“Agreement”) is made between RACER Properties, LLC by and through Revitalizing Auto Communities Environmental Response Trust as Sole Member of RACER Properties LLC (collectively “RACER”) [alternative language if Property is owned instead by Revitalizing Auto Communities Environmental Response Trust (if located in Indiana or Missouri) …is made between Revitalizing Auto Communities Environmental Response Trust (“RACER”)], and [full legal name of entity entering into Agreement] (“Licensee”). RACER and Licensee may be referred to in this Agreement individually, as “Party” and collectively as “Parties.”

# RACER is the owner of the real property commonly known as [street address], also known as [RACER property identification information], [town/city], [state] (the “Property”), and agrees to grant Licensee’s request to enter and use [a portion of] the Property for the purpose set forth below.

NOW THEREFORE, for good and valuable consideration, the Parties agree as follows:

- 1. License. RACER hereby grants Licensee a non-exclusive license to enter upon [a portion of] the Property (the “License Area,” more specifically depicted in Exhibit A), solely for the purposes of [describe specific use – for what purpose, by which parties, on which dates, etc.] (the “Permitted Use”). Licensee will have no rights of entry or use of any of the Property other than the License Area and the other public areas on the Property. Licensee will insure that none of its staff, members, agents, or invitees will use or enter upon any portion of the Property other than the License Area and the other public areas on the Property. Licensee will not, and will cause its staff, members, agents, and invitees not to, disturb or commit any waste or nuisance on the License Area or the Property. Licensee will maintain the License Area in a clean and orderly manner and return the License Area in as good condition as when received (or better), at Licensee’s sole cost and expense. Licensee will comply with all applicable laws, rules, and regulations, including, without limitation, all environmental laws relating to the License Area and the rights granted herein.
- 2. Term and Payment. The right of entry and use granted herein will be solely for the Permitted Use. This License will become effective on the Effective Date and will end on [provide termination date] (“Term”), unless terminated earlier by RACER according to Section 9, below or by either party with five (5) days’ advance written notice to the other or extended according to the terms of this Section 2. In consideration for the rights granted hereunder, Licensee shall pay RACER, by [provide payment date], by check made payable to “Revitalizing Auto Communities Environmental Response Trust,” the sum of [minimum consideration paid to RACER is one-thousand dollars ($1,000.00)]. Licensee may at any time elect to end its use of the Licensed Area by giving RACER notice of such election, in which case neither party to this Agreement shall have any further obligation hereunder.
- 3. Supervision/Security/Maintenance. Licensee will assume full and complete responsibility, including the full costs thereof, for the supervision and control of any and all persons and