2699-22 License Agreement with Pleasant Valley Productions Inc. 2022(Rededitrequests).pdf

LICENSE AGREEMENT By and Between The Township of West Orange, a New Jersey Municipal Corporation whose address is 66 Main Street, West Orange, New Jersey (“Township”), and Pleasant Valley Productions, Inc., a New Jersey Not for Profit Corporation whose address is c/o Camille Vecchio-DiLorenzo, President, 95 Warren Road, West Orange, New Jersey (“Licensee”). The above Parties hereby agree to the following terms and conditions of this license agreement. 1. License Date and Effective Date of Agreement. This License is dated September 1, 2022 ("Effective Date") which shall also represent the commencement of this License Agreement. However, this Agreement shall not be effective unless: (i) the Township’s governing body adopts a resolution or ordinance authorizing the execution of this agreement and; (ii) the Township receives a copy of this Agreement executed by the President of the Board of Trustees of Licensee along with a Resolution evidencing approval by the Licensee's Board of Trustees. 2. Description of Agreement Premises. The premises licensed by Township to Licensee includes all the premises, grounds and building now known as the Oskar Schindler Performing Arts Center on Boland Drive in the Township of West Orange, New Jersey ("Premises"). 3. Term. The term of this License shall be for 3 years effective date of September 1, 2022 ending August 30, 2025. If the license is not terminated on or before August 30, 2025, it shall continue on a month-to-month basis and may be terminated by either party on thirty (30) days written notice. 4. Licensee's Use. Licensee shall use the Premises for a performing arts facility with all rights to indoor usage of the building in furtherance of OSPAC's mission and not for any private use. 5. Fee and Insurance. A fee shall be payable annually for the term of the license in the amount of one dollar ($1.00). In addition to the nominal fee, Licensee agrees to maintain public liability insurance naming itself and Township as named insured in an amount not less than one million dollars per occurrence and two million dollars in the aggregate. Licensee shall provide Township with a copy of same and renewals thereof not less than thirty (30) days before the date on which the insurance expires. 6. Usage. Licensee shall have the license for use of the Premises during the term of the Agreement subject to the following conditions: (i)

ty (30) days before the date on which the insurance expires. 6. Usage. Licensee shall have the license for use of the Premises during the term of the Agreement subject to the following conditions: (i) Licensee shall provide at least eight (8) programs annual at the Premises.