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of the property described in Exhibit Al or th t it has full lawful authority to grant access to the Property for the purposes described herein. 12.Assignment, Successor and Assigns. In the event Licensor's interests in the Property are conveyed, transferred or in any 1 ay assigned in whole or in part to any other person or entity, whether by contract, operation of law or otherwise, Licensor shall take any and all actions necessary at Licensor's sole cost to render any such conveyance, transfer or assignment subject to the terms of this Agreement and shall provide notice thereof t Equilon, Except as set forth hereinafter, this Agreement cannot be assigned by either Party without the prior written consent of the other, which consents all not be unreasonably withheld. Licensor hereby assigns to Equilon any and a l claims, causes of action and suits, it may have against any third party who may iave financial responsibility for any environmental response costs or other damag s at the Property including but not limited to any rights to recover any insurance policy that may name Licensor as a beneficiary or against which Licensor may hi ve a right of recovery. Licensor agrees to cooperate with Equilon in determin ng whether such claims exist. This Agreement is binding upon all heirs, successors and assigns of the Parties. 13. Notice. Any notice, consent, request, report, demand, or other document required to be given to one Party by the other shall be in writing and be delivered to or mailed to the receiving Party at its address, referenced on page I above. Facsimile copies shall be sufficient. 14.Modifications. This Agreement contains the entire understanding of the Parties. Any change, amendment, or alteration must be in writing and signed by both Parties to this Agreement to be effective. Th s Agreement supersedes all prior discussions and agreements between the Partes with respect to the subject matter hereof and thereof. 15. No Admissions. Nothing contained in this A reement shall be construed as an admission of any fact or liability of any Party to this Agreement. 16.GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED IN ALL RESPECTS BY THE LAWS OF THE STATE IN WHICH THE CORRECTIVE ACTION IS PERFORMED WITHOUT REGARD TO THE CONFLICT OF LAWS PRINCIPLES THEREOF, 17_Counterparts. This Agreement may be exec ited in multiple counterparts, each of which shall be deemed to be an original and of equal force and effect. IN WITNESS WHEREOF, the Parties have executed this Agreement on the dates set forth below. SIGNATURES CONTINUE 014 NEXT PAGE