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GRANTOR: PACIFIC BELL TELEPHONE COMPANY APN: 941-1300-17 AND 941.1300.18 <br /> PROJECT: JOHNSON DRIVE ECONOMIC DEVELOPMENT ZONE PROJECT <br /> sanitary laws, ordinances, and regulations relating to such work, including the Street <br /> Improvement Plan and the Traffic Control Plan, and shall be done in a good workmanlike <br /> manner. All structures, improvements or other facilities, when removed, and relocated, or <br /> reconstructed by the CITY or its authorized agent, shall be left in as good condition as found. <br /> 6. Indemnification. CITY shall indemnify, defend, and hold harmless GRANTOR from and <br /> against all claims, causes of action, damages, liabilities, cost and expenses (including <br /> reasonable attorney fees and costs), arising from or related to CITY's use of the Property and <br /> exercise of CITY's rights under this Agreement, except as to claims, causes of action, damages, <br /> liabilities or costs due to GRANTOR's sole negligence or willful misconduct. <br /> 7. Right of Possession and Use. CITY's right of possession and use of the Fee, Easement <br /> and TCE, including the right to remove and dispose of improvements, and install and connect <br /> utilities, shall commence on the date the amount of funds as specified in Section 3.A herein are <br /> deposited into the escrow controlling this transaction and released from such escrow to <br /> GRANTOR. The consideration shown in Section 3.A includes, but is not limited to, full payment <br /> for the possession and use from that date, including interest and damages if any. <br /> 8. Notice to Successors. if GRANTOR sells, conveys or assigns any property interest <br /> encumbered by this Agreement before the CITY exercises its rights, GRANTOR shall notify the <br /> successor or assignor of the rights and obligations under this Agreement. <br /> 9. Escrow Instructions. CITY shall prepare and file escrow instructions in accordance with <br /> this Agreement, which escrow instructions shall be approved by GRANTOR prior to filing with <br /> escrow agent. <br /> 10. Hazardous Wastes. The acquisition price of the Fee, Easement and TCE being acquired in <br /> this transaction reflects the fair market value of the Property without the presence of <br /> contamination. If the Property being acquired is found to be contaminated by the presence of <br /> hazardous waste which requires mitigation under Federal or State law, the CITY may elect to <br /> recover its clean-up costs from those who caused or contributed to the contamination. <br /> GRANTOR shall further indemnify, defend, save and hold harmless the CITY from any and all <br /> claims, costs and liability, including reasonable attorney's fees, for any damage, injury or death <br /> to persons or property arising from the existence of toxic or hazardous material on the property <br /> caused by GRANTOR, save and except claims, costs or litigation arising through the sole <br /> negligence or willful misconduct of the CITY. <br /> 11. No Leases. GRANTOR warrants that there are no oral or written leases on all or any <br /> portion of the Fee, Easement and TCE exceeding a period of one month. GRANTOR agrees to <br /> hold CITY harmless and reimburse CITY for any of its losses and expenses occasioned by <br /> reason of any lease of the Fee, Easement and TCE held by a tenant for a period exceeding one <br /> month. <br /> 12. Release of All Claims. This is intended as a full and complete release of all or any claims <br /> that either GRANTOR or CITY has against the other and is in full settlement of any and all such <br /> claims and intends to and does hereby release GRANTOR and CITY of and from any and all <br /> liability of any nature whatsoever for all claims or causes of action including those for all <br /> consequences, effects and results of any loss, injury or damage,whether the same are now known <br /> or unknown to the undersigned, expected or unexpected by the undersigned, or have already <br /> appeared or developed or may now be latent or may in the future appear or develop. GRANTOR <br /> hereby acknowledges that the compensation paid to GRANTOR through this Agreement <br /> constitutes the full and complete settlement of any and all claims against the CITY, by reason of <br /> CITY's acquisition of the Fee, Easement and TCE, specifically including, but not limited to, any and <br /> Page 4 of 7 <br />