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_ • . Page 1 of 2 <br /> Mike Infurna [EH] <br /> From: Tom.Dawson [Tom.Dawson@target.com] <br /> Sent: Tuesday, January 25, 2011 8:42 AM <br /> To: Akfdevartie@aol.com <br /> Cc: Mike Infurna [EH]; cadillacb@aol.com <br /> Subject: RE: Target Store T1526 Manteca, California (License Agreement) <br /> Artie—I have discussed this with our Risk Management, Environmental and Legal teams and we are willing to <br /> compromise down to a threshold of$2million per occurrence and $3Million general aggregate, which are both <br /> significantly less than what is required under the OEA and considering that Target was not even aware that this <br /> well was located on its property until this fall, I think that this is a reasonable compromise. <br /> Please discuss with your internal team and let me know if we can move ahead with the agreement as now <br /> proposed. <br /> Thanks, <br /> Tom <br /> From: Akfdevartie@aol.com [mailto:Akfdevartie@aol.com] <br /> Sent: Monday, January 24, 2011 11:53 AM <br /> To: Tom.Dawson <br /> Cc: minfurna@sjcehd.com; cadillacb@aol.com <br /> Subject: Re: Target Store T1526 Manteca, California (License Agreement) <br /> Tom, <br /> We have the Target-approved license agreement. With regard to the insurance, our liability policy is$1 million <br /> per occurrence and $2 million general aggregate. Therefore, AKF cannot execute the agreement as it is. <br /> Please let me know Target's position regarding this. <br /> Artie <br /> In a message dated 1/21/2011 3:21:46 P.M. Pacific Standard Time, Tom.Dawson@target.com writes: <br /> Artie—Attached please find the Target-approved license agreement regarding destruction of the <br /> remediation well. Please arrange for execution along with attaching the scope of work (Exhibit <br /> A) and the necessary insurance documentation. <br /> Upon your company's execution,please send two wet-signature originals to my attention at the <br /> following address: <br /> Target Corporation <br /> Real Estate Existing Stores <br /> 1000 Nicollet Mall <br /> TPN-12H <br /> Minneapolis, MN 55403 <br /> Upon my receipt of the aforementioned, I will arrange for execution by Target and immediately <br /> 1/25/2011 <br />