EXHIBIT 10.11 ENVIRONMENTAL INDEMNITY
AGREEMENT DATED NOVEMBER 2, 2000 BETWEEN GETTY PROPERTIES CORP. AND GETTY
PETROLEUM MARKETING INC.

 

ENVIRONMENTAL INDEMNITY AGREEMENT


This
ENVIRONMENTAL INDEMNITY AGREEMENT (together with all Exhibits and Schedules
attached hereto, this “Indemnity Agreement”), effective as of the Restatement
Effective Date, is made and entered into as of November 2, 2000 between Getty
Properties Corp., a Delaware corporation, whose address is 125 Jericho
Turnpike, Jericho, New York 11753 (formerly known as Getty Realty Corp.,) (as
further defined hereinafter, “Landlord”), and Getty Petroleum Marketing Inc., a
Maryland corporation whose address is 125 Jericho Turnpike, Jericho, New York
11753 (as further defined hereinafter, “Tenant”) (together referred to as the
“Parties”).


RECITALS


	
 

	
 


	
A.

	
Contemporaneously
 with this Indemnity Agreement, the Parties are executing that certain
 Consolidated, Amended and Restated Master Lease (the “Restated Master Lease”)
 and related documents, pursuant to which Landlord leased to Tenant certain
 lands and subleased or sub-subleased to Tenant certain other lands, together
 with all right, title and interest of Landlord, if any, in and to certain
 improvements and appurtenances (together, the “Premises”).


	
 

	
 


	
B.

	
Landlord
 and Tenant desire to allocate risks associated with certain liabilities,
 potential liabilities and responsibilities regarding the environmental
 condition of certain of the Properties.





          NOW,
THEREFORE, in exchange for good and valuable consideration and of the mutual
covenants and agreements contained herein, and as a further inducement to enter
the Restated Master Lease, the receipt and sufficiency of which are hereby
acknowledged, the Parties agree as follows:


SECTION
I. DEFINITIONS.


	
 

	
 

	
 


	
1.

	
Any
 term not otherwise defined herein shall have the meaning assigned to such
 term in the Restated Master Lease. For purposes of this Indemnity Agreement,
 the following term shall have the following meaning.


	
 

	
 

	
 


	
 

	
a.

	
“Highspire
 Petroleum Terminal Property” shall mean, for purposes of this Indemnity
 Agreement, any and all land and Improvements at the Highspire Petroleum
 Terminal, 911 South Eisenhower, Middletown, Pennsylvania, except for the land
 and Improvements that constitute the terminal loading rack at which Tenant
 has rights to obtain fuel through operation of a cardlock or similar access
 system.





SECTION
II. LANDLORD’S REPRESENTATIONS AND WARRANTIES.


	
 

	
 


	
1.

	
Landlord
 represents and warrants to Tenant that, to the knowledge of Landlord, as of
 the date hereof, except for (i) those Service Station Properties listed on
 Exhibits D and E to the 1997 Master Lease, Schedules 2 and 3 and Exhibit C to
 the Restated Master Lease, and Schedule 12 and Schedule Z hereto, (ii) those
 Service Station Properties and Petroleum Terminal Properties listed on
 Schedule 7A and Schedule 7B to that certain Informational Side Letter of even
 date herewith between the parties hereto and on Schedule 3.1(r)(ii) to the
 Merger Agreement, and












	
 

	
 

	
 


	
 

	
(iii)
 those Service Station Properties and Petroleum Terminal Properties set forth
 in the July 31, 2000 Project Summary Binders:


	
 

	
 

	
 


	
 

	
a.

	
There
 are no material permits, licenses or other authorizations for which Landlord
 is responsible that are required with respect to the business, operations,
 assets or current uses of the Service Station Properties or Petroleum
 Terminal Properties under applicable Environmental Laws that have not been
 obtained and complied with and are not otherwise in full force and effect.


	
 

	
 

	
 


	
 

	
b.

	
Except
 as authorized by the permits, licenses or Environmental Law: (i) no Hazardous
 Substances are located on the Service Station Properties or Petroleum
 Terminal Properties, nor have Hazardous Substances been generated, treated,
 contained, handled, located, used, manufactured, processed, buried,
 incinerated, deposited, stored, discharged, refined, dumped, disposed, or
 released on, under or about any part of the Service Station Properties or
 Petroleum Terminal Properties by Landlord or any previous owner, tenant,
 occupant, or user of the Premises except as set forth on Schedule 3 to the
 Restated Master Lease; and (ii) no Hazardous Substances have migrated from or
 to the Service Station Properties or Petroleum Terminal Properties upon,
 under or about other properties in violation of any Environmental Laws.


	
 

	
 

	
 


	
 

	
c.

	
Landlord
 has not received, and is not aware that there is proposed or threatened, with
 respect to the Service Station Properties or Petroleum Terminal Properties
 any written notice, demand, request for information, Claim (as hereinafter
 defined), proceeding, citation, complaint, summons, investigation, order,
 agreement or litigation alleging violation of Environmental Laws on the
 Service Station Properties or Petroleum Terminal Properties, or alleging the
 suspected presence or release of Hazardous Substances thereon, for which
 Landlord (or Tenant after the Restatement Effective Date) may be liable.


	
 

	
 

	
 


	
 

	
d.

	
None
 of the Service Station Properties or Petroleum Terminal Properties are or
 have been listed on the National Priorities List, or any other list,
 schedule, law, inventory or record of hazardous or solid waste sites
 maintained by any federal, state or local agency, and Landlord has not been
 designated as a “potentially responsible party” with respect to any such
 sites.


	
 

	
 

	
 


	
 

	
e.

	
Landlord
 has reported to the applicable Government, to the extent required by the
 Environmental Laws, any matter required to be reported by Landlord under such
 Environmental Laws.





SECTION
III. PETROLEUM TERMINAL PROPERTIES.


	
 

	
 


	
1.

	
In
 the event that one or more of the owned Petroleum Terminal Properties set
 forth on Schedule Y hereto is not in compliance in any respect with any
 Environmental Law(s) as in effect as of the Restatement Effective Date or if
 there are conditions existing at any Petroleum Terminal Property as of the
 Restatement Effective Date that Tenant addresses to ensure continuing
 compliance, or to mitigate the cost of continuing compliance, with such
 Environmental Laws or to





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mitigate
 the potential for future non-compliance with such Environmental Laws, Tenant
 and Landlord shall share the actual, out-of-pocket costs and expenses related
 to the Remediation and other compliance-related activities (any such
 Remediation and other compliance-related activities being referred to herein
 as the “Preexisting Condition Terminal Compliance”) (Liabilities associated
 with any Remediation activities at the Newark Petroleum Terminal Property
 related to or arising from the Industrial Sites Recovery Act (“ISRA”) shall
 not be considered Preexisting Condition Terminal Compliance, but shall be
 addressed by Subsection 4 below) as follows:


	
 

	
 

	
 


	
 

	
a.

	
First,
 Tenant shall pay all costs and expenses incurred in connection with such
 Preexisting Condition Terminal Compliance until the amount so incurred with
 respect thereto equals $1,500,000 in aggregate.


	
 

	
 

	
 


	
 

	
b.

	
Second,
 Landlord and Tenant shall share equally the next $8,500,000 of such costs and
 expenses incurred in connection with such Preexisting Condition Terminal
 Compliance until the amount so incurred with respect thereto equals
 $10,000,000 in aggregate.


	
 

	
 

	
 


	
 

	
c.

	
Third,
 to the extent that such costs and expenses incurred in connection with such
 Preexisting Condition Terminal Compliance exceeds $10,000,000, all such costs
 and expenses shall be borne by Tenant.


	
 

	
 

	
 


	
 

	
d.

	
Notwithstanding
 the above, Landlord shall be solely responsible for the actual, out-of-pocket
 costs and expenses related to the Preexisting Condition Terminal Compliance
 for the Highspire Petroleum Terminal Property.


	
 

	
 

	
 


	
 

	
The
 net effect of the foregoing provisions is that, for Petroleum Terminal
 Properties other than the Highspire Petroleum Terminal Property, Landlord
 shall not pay more than $4,250,000 in connection with all Preexisting
 Condition Terminal Compliance. Until the amount expended with respect to
 Preexisting Condition Terminal Compliance exceeds $10,000,000, Tenant shall
 forward to Landlord copies of all invoices and bills received by Tenant in
 connection with such Preexisting Condition Terminal Compliance and evidence
 of Tenant’s payment therefor. Within forty-five (45) days after receipt of
 such evidence, Landlord shall, if so required pursuant to this Section III,
 reimburse Tenant for Landlord’s share of the amount paid by Tenant with
 respect to such invoices and bills.


	
 

	
 


	
2.

	
In
 connection with any proposed Preexisting Condition Terminal Compliance
 contemplated at a time when the costs and expenses incurred by Tenant for all
 prior Preexisting Condition Terminal Compliance expenditures exceed
 $1,500,000 in aggregate (and Landlord shall not have paid its maximum
 amount), Tenant shall furnish to Landlord plans setting forth the scope of
 such project and an estimate of the cost thereof, certified by a reputable
 environmental engineering firm (a “Terminal Expenditure Plan”).


	
 

	
 


	
 

	
a.

	
Landlord
 shall have thirty (30) days from the receipt of any such Terminal Expenditure
 Plan either to approve such Terminal Expenditure Plan or provide Tenant with
 an alternate Terminal Expenditure Plan, certified by a reputable
 environmental engineering firm, which alternate Terminal Expenditure Plan
 shall have the same scope as Tenant’s Terminal Expenditure Plan but may have
 a lower cost estimate than that set forth in Tenant’s Terminal Expenditure Plan.





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b.

	
If
 Landlord fails to approve Tenant’s Terminal Expenditure Plan or to provide
 Tenant with such alternate Terminal Expenditure Plan within such thirty (30)
 day period, Landlord’s approval of such Terminal Expenditure Plan shall be
 deemed granted.


	
 

	
 

	
 


	
 

	
c.

	
In
 the event that Landlord provides Tenant with an alternate Terminal
 Expenditure Plan, such Preexisting Condition Terminal Compliance shall be
 conducted in accordance with such alternate Terminal Expenditure Plan, unless
 Tenant reasonably disapproves of such Terminal Expenditure Plan within seven
 (7) days of receipt of the same.


	
 

	
 

	
 


	
 

	
d.

	
If
 Tenant fails to respond to such alternate Terminal Expenditure Plan within
 such seven (7) day period, then Tenant’s approval of such alternate Terminal
 Expenditure Plan shall be deemed granted.


	
 

	
 

	
 


	
 

	
e.

	
If
 Tenant reasonably disapproves of such alternate Terminal Expenditure Plan and
 if Landlord and Tenant cannot thereafter promptly agree on a Terminal
 Expenditure Plan, such dispute shall be resolved by an arbitration conducted
 in accordance with the applicable provisions set forth in Exhibit F of the
 Restated Master Lease.


	
 

	
 

	
 


	
 

	
f.

	
Except
 as provided in Subsection g. below, all Preexisting Condition Terminal
 Compliance shall be conducted in accordance with the Terminal Expenditure
 Plan.


	
 

	
 

	
 


	
 

	
g.

	
In
 the event of an imminent and substantial endangerment or when, in the
 reasonable judgment of Tenant, immediate action is necessary to avoid
 enforcement activities, or a fine and/or penalty in excess of $1500 per day
 or $100,000 in the aggregate, by an applicable Government, Tenant may take
 such action as necessary to respond to the imminent and substantial
 endangerment or to avoid enforcement by the applicable Government, prior to
 agreement on a Terminal Expenditure Plan and such action shall not affect in
 any way Landlord’s obligations under this Section.


	
 

	
 

	
 


	
 

	
All
 costs and expenses incurred by Landlord related in any way to the development
 of an alternate Terminal Expenditure Plan (as contemplated by subsection a,
 above) or by Tenant and Landlord related in any way to arbitration of a
 dispute concerning a Terminal Expenditure Plan (as contemplated by subsection
 e., above) shall not be chargeable as costs and expenditures hereunder.


	
 

	
 


	
3.

	
With
 respect to any Preexisting Condition Terminal Compliance for which Notice has
 been given in good faith prior to the tenth (10th) anniversary of the
 Restatement Effective Date, Landlord’s obligations hereunder shall survive
 and continue in full force and effect until completion of the Terminal
 Expenditure Plan or Landlord’s fulfillment of its obligations hereunder,
 whichever is sooner. Landlord shall have no liability or obligation
 whatsoever hereunder with respect to any Preexisting Condition Terminal
 Compliance for which Notice has been received after the tenth (10th)
 anniversary of the Restatement Effective Date.


	
 

	
 


	
4.

	
Landlord
 shall be solely responsible for any and all liability or obligation at the
 Newark Petroleum Terminal Property related to or arising from ISRA, except
 for that liability or obligation under ISRA created or caused by Tenant after
 the Restatement Effective Date, including but not limited to all liability or
 obligation related in any way to the Contamination for which Texaco is
 responsible, or to Contamination discovered as a result of the sampling for





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which
 the New Jersey Department of Transportation has given notice and shall hold
 Tenant harmless for any such liability or obligation. Landlord shall retain
 and continue to exercise whatever rights it may have to compel a third party
 to fully discharge any Remediation or other related obligations the third
 party may have under ISRA, and shall remain solely responsible for any
 associated actual, out-of-pocket costs and expenses. If Landlord fails to
 compel such third party to fully discharge any Remediation or other similar
 obligations under ISRA, Landlord shall be fully responsible for the discharge
 of such responsibilities.


	
 

	
 


	
SECTION
 IV. TENANT’S OBLIGATIONS.


	
 


	
1.

	
Notwithstanding
 anything to the contrary herein, in the Restated Master Lease, or any other
 agreement, Tenant shall have no liability or obligation whatsoever, and
 Landlord shall indemnify and hold Tenant harmless with respect to any and all
 allegations, actions, orders, decrees, suits, demands, demand letters,
 injunctions, judgments, orders, decrees, rulings, damages, dues, penalties,
 fines, costs, amounts paid in settlement, liabilities, obligations, taxes,
 liens, losses, expenses, and fees (hereinafter “Claims”) with respect to a breach
 of Landlord’s representations in Section II, above, as well as:


	
 

	
 


	
 

	
a.

	
The
 Highspire Petroleum Terminal Property;


	
 

	
 

	
 


	
 

	
b.

	
Any
 Petroleum Terminal Property and Service Station Property closed, sold or
 otherwise disposed of prior to February 1, 1997 (the “Spinoff Transaction”);


	
 

	
 

	
 


	
 

	
c.

	
Service
 Stations Properties closed, sold or otherwise disposed of after the Spinoff
 Transaction and before the Restatement Effective Date, except for the Service
 Station Properties identified on Schedule Z hereto;


	
 

	
 

	
 


	
 

	
d.

	
UST
 Upgrades at the Service Station Properties for which Landlord is responsible
 pursuant to Section 7.6 of the Restated Master Lease; and


	
 

	
 

	
 


	
 

	
e.

	
Remediation
 activities at the Service Station Properties for which Landlord is
 responsible pursuant to Section 9 of the Restated Master Lease.


	
 

	
 

	
 


	
2.

	
Notwithstanding
 anything to the contrary herein, in the Restated Master Lease, or any other
 agreement, any condition not in full compliance with any Environmental Law as
 of the Restatement Effective Date at any Service Station Property or
 Petroleum Terminal Property shall not operate as a lease default and Tenant
 shall have no liability or obligation whatsoever to engage in any Remediation
 or other compliance-related activity with respect to any such non-compliance
 condition as of the Restatement Effective Date at any such Service Station
 Property or Petroleum Terminal Property, except when required by a bona fide
 Claim asserted by an applicable Government or a party other than Landlord or
 any Landlord affiliate (excluding any Claim relating to any breach of
 Landlord’s representations in Section II, above), provided, however, that at
 any time, in Tenant’s sole discretion, Tenant may engage in any Remediation
 or other compliance-related activity with respect to any Service Station
 Property or Petroleum Terminal Property. Landlord shall not take any action
 (i) reasonably likely to cause an applicable Government or a party other than
 Landlord to assert a Claim that seeks such Remediation or other
 compliance-related activity or (ii) to compromise, admit any fact, concede
 liability or otherwise materially prejudice Tenant’s ability to defend any
 actual or potential Claim. Tenant shall not be deemed to be required by a
 bona fide Claim to take action if Tenant





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has
 a reasonable, good faith basis for asserting a challenge or defense and
 Tenant is, in fact, diligently challenging or defending against such Claim.
 So long as Tenant has a reasonable, good faith basis for asserting a
 challenge or defense and Tenant is, in fact, diligently challenging or
 defending against such Claim, any condition that is the subject of Tenant’s
 challenge or defense shall not operate as a lease default.


	
 

	
 


	
3.

	
Except
 as set forth in this Indemnity Agreement and in the Restated Master Lease, Landlord
 shall have no liability to Tenant for any environmental matter related to the
 Service Station Properties or Petroleum Terminal Properties.


	
 

	
 


	
SECTION
 V. LANDLORD’S ADDITIONAL OBLIGATIONS.


	
 


	
1.

	
LANDLORD’S
 COOPERATION. Landlord hereby grants Tenant the right to exercise Landlord’s
 rights to compel each third party listed on Schedule 12 hereto to discharge
 fully any Remediation or other similar obligations that such third party may
 owe to Landlord pursuant to any purchase and sale or similar agreement for
 any of those Properties (a “Sale Agreement”). Tenant shall comply with all
 applicable obligations of Landlord under any Sale Agreement, including,
 without limitation, Landlord’s obligation to provide for and permit access to
 the Property that is the subject matter of such Sale Agreement by such third
 party and/or its employees, agents and contractors in the manner set forth in
 such Sale Agreement. Such third parties shall be solely responsible for
 fulfilling all Remediation and similar obligations, and Landlord shall under
 no circumstance have any obligation or liability with respect thereto, except
 as may be specifically required by Article 9 of the Restated Master Lease. If
 such rights of Landlord under any such Sale Agreement are not assignable, then
 Landlord shall cooperate with Tenant (which cooperation may include, without
 limitation, litigation) as Tenant shall reasonably request, and at Tenant’s
 expense (including, without limitation, Indemnifying Landlord), so as to
 enforce the performance of such third party obligations under such Sale
 Agreement.


	
 

	
 


	
2.

	
RESTATEMENT
 EFFECTIVE DATE. Upon the occurrence of the Restatement Effective Date,
 Landlord shall deliver to Tenant a certificate containing representations as
 of the Restatement Effective Date substantially identical to those contained
 in Section II, except that the Exhibits and Schedules referred to in that
 Section shall, for the purposes of such certificate, contain such
 modifications or amendments as may be necessary to cause the representations
 contained in such certificate to be true and correct as of the Restatement
 Effective Date. In no event, shall the modifications or amendments to the
 Exhibits and Schedules serve to cure any breach of the representations made
 on the date hereof.


	
 

	
 


	
SECTION
 VI. MISCELLANEOUS PROVISIONS.


	
 


	
1.

	
AMENDMENT
 AND MODIFICATION. Any amendment or modification to this Indemnity Agreement
 must be in writing signed by both of the Parties hereto.


	
 

	
 


	
2.

	
ASSIGNMENT.
 This Indemnity Agreement and all of the provisions hereof shall bind and
 benefit the Parties hereto and their respective successors and permitted
 assigns. Nothing in this Indemnity Agreement, expressed or implied, is
 intended or shall be construed to confer upon any person other than the
 Parties hereto, and their respective successors and assigns, any right,





6






	
 

	
 


	
 

	
remedy,
 or Claim under or by reason of this Indemnity Agreement or any provision
 herein contained. Both Parties have the right to assign (and each successive
 assignee may further assign) their rights under this Indemnity Agreement to
 any person or entity, which such person or entity by acceptance of such
 assignment shall be deemed to assume all liabilities, indebtedness and
 obligations included in the rights assigned.


	
 

	
 


	
3.

	
GOVERNING
 LAW. This Indemnity Agreement and its interpretation and performance shall be
 governed by and construed and regulated in accordance with the laws of the
 State of New York, without regard to principles of conflicts of law.


	
 

	
 


	
4.

	
COUNTERPARTS.
 This Indemnity Agreement may be executed in two or more counterparts, each of
 which shall be deemed an original, but all of which together shall constitute
 one and the same instrument and shall become a binding agreement when one or
 more of the counterparts have been signed by each of the Parties and
 delivered to the other party.


	
 

	
 


	
5.

	
AGENT
 FOR SERVICE OF PROCESS. Tenant hereby irrevocably names and designates Lukoil
 Americas Corporation, a Delaware corporation whose address is 540 Madison
 Avenue, New York, NY, as Tenant’s agent (Tenant’s “Agent”) for service of
 process, including all notices required to institute any proceeding in any
 court or in any other way required to confer personal jurisdiction over
 Tenant in any court, and for the receipt of any Notices or other communications
 required under this Indemnity Agreement, including any and all Notices under
 this Indemnity Agreement issued for the purpose of demanding compliance with
 this Indemnity Agreement. Service or demand upon Agent shall be good and
 sufficient service and demand upon Tenant for all purposes, including,
 without limitation, the purpose of obtaining personal jurisdiction over
 Tenant for any legal action or proceeding or for the purpose of commencing
 any proceeding. Tenant agrees to take any and all action necessary to
 continue Agent’s designation in full force and effect. If Agent becomes
 unable to act as Agent for any reason then Tenant shall forthwith irrevocably
 designate a replacement Agent satisfying the requirements of this Section
 that would apply to any replacement Agent, as set forth in the next sentence.
 By Notice to Landlord (but no more frequently than once every six months),
 Tenant may substitute in place of Agent any other Person having full-time
 business offices and a street address in Manhattan. Tenant agrees that
 delivery of any Notice to Agent, or any service of process upon Agent, in
 accordance with the notice requirements of this Indemnity Agreement, shall
 constitute valid and effective personal service upon Tenant. Any such Notice
 or service of process shall be effective in accordance with the provisions of
 this Indemnity Agreement relating to Notices. Any failure of Agent to give
 any notice of such service of process or Notice to Tenant shall not impair or
 affect the validity of such Notice, service of process, or any judgment
 rendered in any proceeding based thereon.


	
 

	
 


	
6.

	
ENTIRE
 AGREEMENT. This Indemnity Agreement embodies the entire agreement and
 understanding of the Parties hereto in respect of the subject matter
 contained herein. There are no separate understandings or agreements, oral or
 written, between the Parties with respect to the subject matter contained
 herein. This Indemnity Agreement supersedes all prior agreements and
 understandings between the Parties with respect to such subject matter. The
 Restated Master Lease contains certain parallel provisions, but in the event
 of any conflict between this Indemnity Agreement and the Restated Master
 Lease, this Indemnity Agreement governs and controls.





7






	
 

	
 


	
7.

	
HEADINGS.
 The article and section headings contained in this Indemnity Agreement are
 for convenience and reference purposes only and shall not affect in any way
 the meaning or interpretation of this Indemnity Agreement.


	
 

	
 


	
8.

	
SEVERABILITY.
 If any one or more terms or provisions contained in this Indemnity Agreement
 or the application of such terms or provisions shall, for any reason and to
 any extent, be held to be invalid, illegal or unenforceable in any respect,
 then the remainder of this Indemnity Agreement, or the application of terms
 or provisions to persons or circumstances other than those as to which it is
 invalid, illegal or unenforceable, shall not be affected by such invalidity.
 All remaining provisions of this Indemnity Agreement shall be valid and
 enforced to the fullest extent permitted by law.


	
 

	
 


	
9.

	
FURTHER
 ASSURANCES. Each party to this Indemnity Agreement agrees to execute such
 documents or instruments, and to take such action, as the other party may
 reasonably request after the date hereof in order to effectuate and perfect
 the indemnification contemplated hereby.


	
 

	
 


	
10.

	
THIRD
 PARTY BENEFICIARY. The Landlord and Tenant are the intended beneficiaries of
 this Indemnity Agreement.


	
 

	
 


	
11.

	
SUBMISSION
 TO JURISDICTION. Each of the Parties to this Indemnity Agreement hereby
 submits to the exclusive jurisdiction of the United Stated District Court for
 the Southern District of New York for purposes of all legal proceedings
 arising out of or relating to this Indemnity Agreement and the estates and
 relationships created hereby. If the Parties hereto are unable to submit to
 the jurisdiction of the United States District Court for the Southern
 District of New York notwithstanding reasonably diligent efforts to do so,
 then the Parties shall submit to the exclusive jurisdiction of any New York
 State court sitting in New York County, New York. Each of the Parties to this
 Indemnity Agreement hereby irrevocably waives, to the fullest extent it may
 effectively do so, any objection which it may now or hereafter have to the
 laying of venue of any such proceedings brought in any such court and any
 Claim that any such proceeding brought in any such court has been brought in
 an inconvenient forum.


	
 

	
 


	
12.

	
INTERPRETATION.
 No inference in favor of or against any party shall be drawn from the fact
 that such party has drafted any portion of this Indemnity Agreement. The
 Parties have both participated substantially in the negotiation, drafting and
 revision of this Indemnity Agreement with representation by counsel and such
 other advisers as they have deemed appropriate. The words “include” and
 “including” shall be construed to be followed by the words: “without
 limitation.”


	
 

	
 


	
13.

	
REMEDIES.
 Any breach by Tenant of any obligation or undertaking herein shall not, under
 any circumstances, absolve Landlord of its obligations and undertakings
 herein. The sole remedies available to Landlord upon breach by Tenant shall
 be the ability to seek injunctive relief to ensure compliance and to seek
 actual damages accrued as a result of the breach.





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IN
WITNESS WHEREOF, the Parties have caused this Indemnity Agreement to be signed
by their respective officers thereunto duly authorized as of the date above.


	
 

	
 

	
 

	
 


	
 

	
Getty
 Properties Corp.


	
 

	
 

	
 

	
 


	
 

	
By:

	
/s/
 John Fitteron


	
 

	
 

	



	
 

	
 

	
Name:

	
John
 Fitteron


	
 

	
 

	
 

	



	
 

	
 

	
Title:

	
Senior
 Vice President


	
 

	
 

	
 

	



	
 

	
 

	
 

	
 


	
 

	
Getty
 Petroleum Marketing Inc.


	
 

	
 

	
 

	
 


	
 

	
By:

	
/s/
 Leo Liebowitz


	
 

	
 

	



	
 

	
 

	
Name:

	
Leo
 Liebowitz


	
 

	
 

	
 

	



	
 

	
 

	
Title:

	
Chairman
 and Chief


	
 

	
 

	
 

	
Executive
 Officer


	
 

	
 

	
 

	






9






SCHEDULE Y


(Petroleum Terminal Properties)


	
 

	
 

	
 


	
Newark
 Petroleum Terminal

	
86
 Doremus Avenue

	
Newark,
 NJ


	
 

	
 

	
 


	
Mt.
 Vernon Petroleum Terminal

	
4301
 Boston Post Road

	
Bronx,
 NY


	
 

	
 

	
 


	
Long
 Island City Petroleum Terminal

	
3023
 Greenpoint Ave.

	
Long
 Island, NY


	
 

	
 

	
 


	
New
 Haven Petroleum Terminal

	
85
 Forbes Avenue

	
New
 Haven, CT


	
 

	
 

	
 


	
E.
 Providence Petroleum Terminal

	
Massasoit
 Ave. and Dexter Road

	
E.
 Providence, RI


	
 

	
 

	
 


	
Rensselaer
 Petroleum Terminal

	
49
 Riverside Avenue

	
Rensselaer,
 NY





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