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Jun-03-99 02 : 34P JENNINGS & DRAKULICH <br /> JUN-03-1999 08:39 FROM • TO • 16197556456 P.02 P 02 <br /> } <br /> LICENSE AND INDXNDG FY ACIP MEW <br /> THIS LICF.M AND iNDRNPffTY A ("Agreenmd')is made as <br /> of this 21 u day of May, 1999,by and between I g0]11PSON PARTNERS,LIMTCED,a <br /> limited pwfterahip,and CARL W.TBOMPSON,3R.AND CINE A_TROMM N, <br /> husband end wife(collectively "Owner"),and HOME DR U.S,A.,INC.,a Delaware <br /> corporation(`Horne Depot'),m the tents and notrclvtiom f ace forth: <br /> f, <br /> RECITALS: <br /> p <br /> A. Owner owes title to l k a�nptvs ed rty('�PertY")described <br /> as approximately i 0.69 acres of tend,located ori Fea6w Rivet March Lane,City of Stockton, <br /> Coea,ty of San ksaquitt, State of Cilffornia mare pw icula'iy on Ezhfbit"A"attached <br /> hereto and intorporatod bertin; <br /> b. <br /> B. Ila=Depot desirea to nweetigate the -lily of Purchasing the <br /> Property from Owner for the construction end operation of Depot harts:improvement <br /> center. <br /> C. In con6deration of Flame Depot's good effort to ravedipte the <br /> Property,Owner is willing to albw Home Despot and its represenfatives access to the <br /> Property to waduct such investigation <br /> ACREE Y&NIE ' <br /> 1. For valuable considezaticn the revvipt a "Mcie ncy of which Owma <br /> aclmowtodr CS, Owcet gnin Home Depot and its iqxwm= is and agoras an inswcabic <br /> license through June 30, 1999 to eater the Property and candu I any or all tarts, inspeotiom and <br /> Audits in Home Depot's sok disc etiaa. <br /> S <br /> 2- Horne Depot AwN indemnify Owner fk aH loss.claims,action:, liens, <br /> proceedings. liability, damage lost or expense eraif>g fromor bodily irgtay of arty <br /> peraoa of from the physical damage to say property,arieing a Home Depot or its authorized <br /> reprvscura ii iu cxarcising the liorTm gmrted heaeandm. <br /> 1 <br /> :3. fhis Agceemew AuP be iautptetod the laves of dic Stare of <br /> California. <br /> 1 i <br /> i <br /> �i <br />