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ADDENDUM TO REAL. ESTAT� SALE AGREEMENT <br />Facility No.: 04493 <br />This Addendum to Real Estate Sale <br />ATLANTIC RICHFIELD COMPANY, a Delaware cor <br />as named in the Real Estate Sale Agreement tc <br />"Agreement") and is part of the Agreement. (Capita <br />definition have the meanings defined in the Agree <br />Addendum and defined in this Addendum is also def <br />is used in this Addendum with the meaning defined it <br />agreement (this "Addendum") is made by <br />oration ("Seller"), for the benefit of Buyer <br />which this Addendum is attached (the <br />zed terms used in this Addendum without <br />vent. If a capitalized term used in this <br />led in the Agreement, the capitalized term <br />this Addendum.) <br />Al. Definitions. When used in this Adden um, each underlined, capitalized term set <br />forth below in this Section Al has the meaning set forth beside it. <br />Claim Period: The period beginning on the Effecti a Date and ending on the date after the <br />Effective Date on which any person begins the oper tion of a business at the Real Estate that <br />involves Hazardous Material Handling. <br />.5 <br />F Corrective Action: Assessing, monitoring, and performing corrective action (which may include <br />natural attenuation) of any Pre -Closing Contaminatio . <br />Covered Claim: A threatened or actual third -party qlaim against Buyer that is based on Pre - <br />Closing Contamination. 'Third party" means any prson other than Buyer, its successors, its <br />heirs, and assigns. <br />Covered Costs: All liabilities, damages, losses, claims, costs, and expenses (including <br />reasonable attorneys' fees) that Buyer incurs arising from a Covered Claim. <br />Effective Date: The date the Deed is recorded. <br />`i Hazardous Material: Any material, substance, or vaste that has been determined by any <br />governmental authority to be capable of posing a risk of injury to health, safety, or property. <br />"Hazardous Material" includes, without limitation, any Pre -Closing Contamination. <br />Hazardous Material Handling. The sale, storage, o treatment of petroleum products or any <br />other Hazardous Material. But "Hazardous Material F landling" does not include the storage of a <br />Hazardous Material that will be used in commercial o fice operations at the Real Estate if (i) the <br />Hazardous Material is commonly used in commercie. I office operations and (ii) the amount of <br />the Hazardous Material that is being stored does n t exceed the amount that a commercial <br />office operation customarily stores in its office premis s for use at those premises. <br />.€ Indemnity Corrective Action: Seller's Corrective Action undertaken at the Real Estate in <br />response to a Covered Claim. <br />Indemnity Entry Right: Seller's and its represe <br />Estate in order for Seller to undertake Indemnity <br />q:Ireladmin\josephldrafts1044931addendum03.doc <br />0610$199 7:59 AM <br />I <br />es' reasonable right to enter on the Real <br />active Action. <br />