Conference/Public Meeting Agenda/Documents — Packet

27. Dissolution. In the event of dissolution of Licensee, any and all assets ofLicensee at Premises and any other entity or endowment formed for the purpose of supporting programming at the Oskar Schindler Performing Arts Center, shall be donated to a 501(c)3 organization in West Orange operating for the purpose of the continuation and perpetuation of cultural and arts programs in West Orange, New Jersey. The above terms and conditions of this lease agreement are hereby agreed to by and between the Parties executing below on this ____ day of _________________ 2012. Township of West Orange a New Jersey Municipal Corporation, Township By: Robert D. Parisi, Mayor By: Karen J. Carnevale, Municipal Clerk NEW JERSEY ARTS INCUBATOR a New Jersey Not for Profit Corporation, Licensee By: Amy Simon, Chairperson By: _________________, Secretary 566015_2 5