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11 ' <br /> LICENSE AGREEMENT BETWEEN <br /> Michael Olivarez and Timothy Kong <br /> THIS LICENSE AGREEMENT is made as of November. 8, 2007, between Michael <br /> Olivarez, hereinafter referred to as "Licenser," and Timothy Kong, hereinafter referred to <br /> as "Licensee." <br /> 1. RECITALS <br /> 1.1 Licenser ownst certain real property as San Joaquin County Assessors Parcel Nos. <br /> 165-030-11 and 165-030-12, located at 1516 and 1518 South Lincoln Street; . <br /> Stockton, California(the "Property") <br /> 1.2 Licensee desires to drill on portions of the Property exploratory soil borings <br /> .('Boreholes"), converting each borehole to a monitoring or remediation well <br /> ("Wells."), install subsurface.conveyance piping("Piping"), and to perform.other <br /> work on the ':Property as required by,, or in accordance with, applicable <br /> environmental laws and regulations,.or'as required by, or acceptable to, regulatory <br /> agencies ("Work"). <br /> 1.3 The parties desire to enter into this License Agreement to allow Licensee to install <br /> said Boreholes; Wells, and Piping :on the Property, and to give access to the . <br /> Property to Licensee or its representatives for the purpose of performing Work <br /> authorized by this License Agreement. <br /> 2. AGREEMENT , <br /> NOW, THEREFORE, in consideration of the .mutual covenants and agreements <br /> herein contained, the parties hereto do hereby covenant and agree to and with each <br /> other as follows: j <br /> 3. TERMS <br /> i <br /> 3.1 Licensee or its representatives may drill, use, backfill, and construct, at its sole cost <br /> —13 eholes, Wells, and Piping on the Property. Licensee or its <br /> and expense, the <br /> representatives may enter onto the Property for the purpose of performing the Work <br /> authorized by this License Agreement. Licenser hereby authorizes Licensee or its <br /> representatives to release any and all analytical geotechnical data and site <br /> assessment. information obtained during such Work to applicable environmental <br /> agencies. <br /> 3.2 Licensee agrees not to permit any liens to stand against the Property for Work done <br /> or materials furnished to Licensee, and Licensee agrees to indemnify and hold <br /> Licenser hannless from any such liens for Work performed under this License <br /> Agreement. <br /> KATimothy Kong Property\Correspondence\kong-olivarez access 110807.doc <br /> , I <br />