DISCLAIMER The following form is provided by Lawoffice com from West Legal Directory for informational purposes only and is intended to be used as a guide prior to consultation with an attorney familiar with your specific legal situation Lawoffice com is not engaged in rendering legal or other professional advice and this form is not a substitute for the advice of an attorney If you require legal advice you should seek the services of an attorney 2000 Lawoffice com All rights reserved LICENSE AGREEMENT General form of a contract to grant a license to occupy and use particular real property for stated purposes LICENSE AGREEMENT Agreement made effective as of date by and between name of licensor of address City of County of State of here referred to as licensor and name of licensee of address City of County of State of here referred to as licensee In consideration of the mutual promises contained in this agreement the parties agree as follows SECTION ONE GRANT OF LICENSE DESCRIPTION OF PREMISES Licensor grants to licensee a license to occupy and use subject to all of the terms and conditions of this agreement the following described property located in the County of State of insert legal description SECTION TWO LIMITATION TO DESCRIBED PURPOSE The above described property may be occupied and used by licensee solely for specify primary purpose s and for incidental purposes related to such purpose during the period beginning date and continuing until this agreement is terminated as provided in this agreement SECTION THREE PERIODIC PAYMENTS Licensee shall pay licensor for this license at the rate of per month payable in advance The first payment shall be made on the date of the beginning of the period specified above Subsequent payments shall be made in Page 1 of 4 advance promptly on the first day of each month thereafter during the continuation of this agreement SECTION FOUR VARIABLE PAYMENTS In addition to making the payments provided for in Section Three of this agreement licensee shall make payments based on the extent of utilization of the above described property Such payments shall be at the rate of The first payment under this provision shall cover the period from and including date to and including date and shall be due and payable on date Subsequent payments shall cover intervals after date and each such payment shall be due and payable days after the expiration of the interval to which it is applicable All payments shall be supported by appropriate statements certified by licensee SECTION FIVE TERMINATION A Either party may terminate this agreement at any time without regard to payment periods by giving written notice to the other specifying the date of termination such notice to be given not less than days prior to the date specified in such notice for the date of termination B Should the above described property or any essential part of such property be totally destroyed by fire or other casualty this agreement shall immediately terminate and in the case of partial destruction this agreement may be terminated by either party by giving written notice to the other specifying the date of termination such notice to be given within days following such partial destruction and not less than days prior to the termination date specified in such notice C If licensee shall make an assignment for the benefit of creditors or be placed in receivership or adjudicated a bankrupt or take advantage of any bankruptcy or insolvency law licensor may terminate this agreement by giving written notice to the licensee specifying the date of termination such notice to be given not less than days prior to the date specified in such notice for the date of termination SECTION SIX APPORTIONMENT OF PAYMENTS ON TERMINATION A On any termination of this agreement licensor shall apportion on a day basis the monthly fee paid in advance from and including the first day of the month during which the agreement is terminated to and including the day on which the agreement is terminated and the licensor shall refund to the licensee the Page 2 of 4 unearned portion of such fee provided however that no refund shall be in an amount less than B On any termination of this agreement licensee shall quit the above described property and shall remove from such property all property installed in on or attached to the above described property C Any termination of this agreement howsoever caused shall be entirely without prejudice to the rights of licensor that have accrued under this agreement prior to the date of such termination SECTION SEVEN GOVERNING LAW It is agreed that this agreement shall be governed by construed and enforced in accordance with the laws of the State of SECTION EIGHT ENTIRE AGREEMENT This agreement constitutes the entire agreement between the parties and any prior understanding or representation of any kind preceding the date of this agreement shall not be binding on either party except to the extent incorporated in this agreement SECTION NINE MODIFICATION OF AGREEMENT Any modification of this agreement or additional obligation assumed by either party in connection with this agreement shall be binding only if evidenced in writing signed by each party or an authorized representative of each party SECTION TEN NOTICES Any notice provided for or concerning this agreement shall be in writing and shall be deemed sufficiently given when sent by certified or registered mail if sent to the respective address of each party as set forth at the beginning of this agreement SECTION ELEVEN ATTORNEY FEES In the event that any lawsuit is filed in relation to this agreement the unsuccessful party in the action shall pay to the successful party in addition to all the sums that either party may be called on to pay a reasonable sum for the successful party s attorney fees Page 3 of 4 SECTION TWELVE ASSIGNMENT OF RIGHTS The rights of each party under this agreement are personal to that party and may not be assigned or transferred to any other person firm corporation or other entity without the prior express and written consent of the other party In witness each party to this agreement has caused it to be executed at place of execution on the date indicated below Signatures and date s of signing Acknowledgments if desired Page 4 of 4
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