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GROUND SPACE AGREEMENT <br />1. Parties. This permit is issued this 1st day of December 2023 ("Date of Issuance"), by <br />the City of Redlands (hereinafter "City") to Hangar 24 LLC (hereinafter referred to as <br />"Tenant."). <br />2. Tie -Down Area Identified. The City permits Tenant use of (See Exhibit A) ground <br />space at Redlands Municipal Airport as follows: <br />WEST RAMP DIRT AREA <br />3. Identification of Storage Item: Tenant hereby agrees that only the distillery tanks <br />shall occupy (Exhibit A Space): <br />Number of Empty Distillery Tanks: 8 <br />Owner: Hangar 24 Brewery <br />Address: 1710 Sessums Dr, Redlands, CA 92374 <br />Phone Number: 909-389-1400 <br />Email: ewei@hangar24brewing.com <br />4. Term. The term of this permit shall commence on the Date of Issuance by City and shall <br />continue thereafter on a month -to -month bases, unless earlier terminated by City. <br />5. Fees. Tenant shall pay an monthly fee, in advance, in the amount of four hundred <br />seventy dollars ($470) with the understanding that, should this permit be revoked and <br />terminated prior to full month, the fees will be pro -rated on a weekly basis at the rate of fifteen <br />dollars and sixty-seven cent 67/100 dollars ($15.67) per day, to and including the last day of the <br />partial calendar month, payable on the day the permit commences. <br />6. Late Charges for Monthly/Annual Permit. Tenant acknowledges that late payment will <br />cause City to incur certain administrative costs. Such costs include, without limitation, <br />processing, accounting, and interest charges. Therefore, if any fee payment due from Tenant <br />for a monthly and/or annual permit is not received by the tenth day of each month, Tenant shall <br />pay to City an additional sum equal to twenty- five percent (25%) of the monthly tie -down fee <br />as a late charge. Payments shall be made payable to the City of Redlands and may be mailed to <br />City of Redlands Revenue Division, PO Box 3005, Redlands, CA 92373. <br />7. Security Deposit. Prior to the commencement of the term of any monthly or annual <br />permit, Tenant shall furnish City with a check or cash deposit, in the amount of four hundred <br />Page 11 <br />