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LICENSE AGREEMENT Z O p <br /> This Agreement is made as of October 9,2007,by and between the following entities, <br /> referred to in this Agreement as"the Parties": <br /> Waterfront Office Towers Owners <br /> Association, a California non-profit mutual <br /> benefit corporation <br /> ("Licensor") <br /> c/o Jerry W. Butterfield <br /> 501 W. Weber Avenue, Suite 500 <br /> Stockton, California 95203 <br /> (209)-943-2222 <br /> ConocoPhillips Company <br /> Chevron U.S.A.Inc. <br /> Texaco Downstream Properties, Inc. <br /> ("Licensees") <br /> c/o Robert C. Goodman, Esq. <br /> Ann M. Blessing,Esq. <br /> Rogers Joseph O'Donnell <br /> 311 California Street, 100i Floor <br /> San Francisco,California 94104 <br /> (415) 956-2828 <br /> A. Whereas,Licensor owns the real property located at the address commonly known as 525 <br /> West Weber Avenue, Stockton, California,and more specifically described as Assessor <br /> Parcel Number 137-260-15 ("Subject Property"). <br /> B. Whereas,the Subject Property is developed with a parking lot and open space serving a <br /> two building office complex located at 501 and 509 West Weber Avenue. <br /> C. Whereas, Licensor and Licensees previously entered into a license agreement dated June <br /> 21, 2004, and a license agreement dated February 24, 2005 ("Prior Licenses") allowing <br /> Licensor to install deep zone monitoring wells,other borings and to conduct periodic <br /> 1 262055A <br />