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AGREEMENT FOR LICENSE <br />This Agreement for License (hereinafter referred to as the "Agreement ") is made and <br />entered into this day of November, 2012 between 112 West Jeff, LLC ( "Owner ") and the <br />South Bend Redevelopment Commission (the "Commission "), (hereinafter collectively referred <br />to as the "Parties "), the governing body of the Department of Redevelopment of the City of <br />South Bend, existing and operating under the provisions of Indiana Code § 36 -7 -14, as amended. <br />BACKGROUND <br />A. The Owner is the owner of certain real estate more particularly described at <br />Exhibit "A" (the "Real Estate "). <br />B. The Commission desires to complete certain improvements to the Property which <br />improvements will be accessible to the general public for their use and enjoyment. <br />C. The site improvements being funded and constructed by the Commission are <br />described in Exhibit `B" (the "Improvements "). <br />D. In order to permit the Commission to provide the Improvements, the Owner is <br />granting to the Commission and any of its designated agents and contractors <br />(collectively "Commission ") the License to enter upon the Real Estate to <br />construct and install the Improvements ( "License "). <br />Pursuant to the mutual covenants and promises contained in the Agreement, the Parties <br />agree as follows: <br />L Incorporation of Background. The Background provisions are incorporated into <br />the Operative provisions of this Agreement as if fully set forth herein. <br />2. Grant of License. The grant of License to the Commission shall be used only for <br />the purpose of providing the Improvements on the Real Estate. The License includes incidental <br />rights of ingress and egress to the Real Estate. <br />3. Exclusive Grant of License. The License and all interest and rights created by <br />this Agreement are, and shall remain exclusive to the Commission subject to use of the Real <br />1 <br />