Laserfiche WebLink
AOC Site#:4912 <br /> Acquisition#:5445 <br /> Stockton, CA <br /> 1049 E. March Lane <br /> L/C 004-1777 <br /> SECOND AMENDMENT TO LICENSE AGREEMENT <br /> FOR ENVIRONMENTAL ASSESSMENT <br /> This Second Amendment to License Agreement for Environmental Assessment ("Second <br /> Amendment") is entered into and becomes effective on July 25, 2021; by and between <br /> McDONALD'S CORPORATION, a Delaware corporation ("McDonald's"), CRAIG <br /> SCHRADER ("Operator") and PHILLIPS 66 COMPANY, a Delaware corporation <br /> ("Licensee"). McDonald's, Operator, and Licensee, shall sometimes be referred to herein <br /> individually as a"Party"and collectively as the"Parties." <br /> RECITALS <br /> WHEREAS, McDonald's owns the real property located at 1049 East March Lane, Stockton, <br /> California, legally described on Exhibit A, attached hereto and incorporated herein, and further <br /> identified by the San Joaquin County Assessor as Parcel Number 104-080-04, which is in the <br /> vicinity of the former Conoco related Marketing Site #5445, located at 1206 East March Lane, <br /> Stockton,California(the"Property"); and <br /> WHEREAS, Operator leases the Property from McDonald's and operates a McDonald's <br /> restaurant thereon;and <br /> WHEREAS, the Parties previously entered into a License Agreement for Environmental <br /> Assessment("License")effective as of February 25,2016,granting Licensee access to the Property <br /> to perform its environmental investigation and/or remediation activities, including the Authorized <br /> Activities as defined therein; and <br /> WHEREAS, the Parties subsequently amended the License through an Amendment to License <br /> Agreement for Environmental Assessment("Amendment")to extend the term of the License and <br /> continue to conduct the Authorized Activities as defined under the License; and <br /> WHEREAS, Licensee, in cooperation with the Central Valley Regional Water Quality Control <br /> Board ("Central Valley Water Board"), now desires to enter the Property to continue to conduct <br /> the Authorized Activities; and <br /> WHEREAS, the License by its terms expires on July 25,2021; and <br /> WHEREAS, the Parties mutually desire to extend the term and amend the License as set forth <br /> below. <br /> NOW THEREFORE, in consideration of the granting of the foregoing, the mutual promises, <br /> covenants, conditions, and agreements hereinafter set forth, and other good and valuable <br /> consideration, the receipt and adequacy of which are acknowledged,the Parties agree as follows: <br /> 1. The above recitals are hereby incorporated by reference. <br /> Page I of 3 <br />