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C. The consideration paid by Licensee pursuant to Section 4 of this Agreement is consistent with the value of the rights comprising the License privilege; the consideration is not consistent with the higher market value for a greater right, privilege, or interest (such as a lease) in the Premises. D. Licensee further acknowledges and agrees that without the representations and agreements set forth herein, City would not enter into this Agreement. Section 3. Term. The term of this Agreement shall commence on September 20, 2022, and end on September 30, 2023, unless earlier terminated as provided for herein. Either Party may terminate this Agreement by providing written notice of such termination to the other Party at least thirty (30) days prior to the noticed termination date. Upon termination or expiration of this License, and upon request of Licensor, Licensee shall remove, as requested by Licensor, any improvements, fixtures, equipment and other personal property placed upon the Premises by Licensee. The cost and expense of such removal, together with the repair of any damage, occasioned thereby, will be borne solely by the Licensee. If Licensee remains in possession of the Premises after expiration or earlier termination of this Agreement without City's written consent, Licensee's continued occupancy of the Premises shall be equivalent to a tenancy at sufferance and Licensee shall pay an increased License fee during the holdover period in the sum of one thousand dollars ($1,000) per month. Section 4. License Fee. Licensee shall pay to City a monthly fee in the sum of four hundred ($400.00) dollars for use and occupancy of the Premises. All subsequent monthly fee payments shall be made on or before the second day of each month for which the fee is then due. All payments are to be made payable to the City of Redlands, Finance Department/Revenue Division, P.O. Box 3005, Redlands, California, 92373. A late fee of fifty dollars ($50) shall be added and due for any fee payment made after the tenth day of the month. Section 5. Security DWosi . The security deposit shall be retained by City in compliance with the terms and conditions of this Agreement, and shall be refunded to Licensee within thirty (30) days after the Premises have been vacated by Licensee, less any amounts reasonably necessary to pay City for, (i) cleaning costs, (ii) cost for repair or damages to the Premises exclusive of ordinary wear and tear, and (iii) any other amount legally allowable under the provisions of this Agreement. A written accounting of said costs and damages shall be presented to Licensee within ten (10) days of the Premises being vacated. If the security deposit is insufficient to pay City for such costs and damages, Licensee shall immediately pay any additional costs for damages demanded by City. Section 6. Use of Premises. A. Licensee shall use the Premises solely for the purpose of outdoor dining associated with Licensee's operation of its hot dog food truck and no other uses. B. The hours of operation for the Premises shall be limited to 9:00 a.m. to 4:00 p.m., Monday through Friday. 2 L:\ca\Agreements\Dog_House_License_ Agreement.FY22-0027.docx-j m