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i. "Remediation Work" shall mean any and all actions needed under the VRA and VRP or otherwise to accomplish the Remediation Objectives as defined herein, including: (i) investigations of Environmental Conditions, such as but not limited to assessments, risk assessments, remedial investigations, sampling, testing, monitoring or the installation or closure of monitoring wells; and (ii) actions taken to address Environmental Conditions, such as, but not limited to, removal or remedial actions to address Environmental Conditions, installation and use of sumps, trenches, barriers or other systems for long term treatment or control of soils, surface water or groundwater, and deed and/or other use restrictions or Institutional or Engineering Controls, as defined herein, imposed on the Property to address Environmental Conditions. "US EPA" means the United States Environmental Protection Agency, and any successor agency of the United States government. j. "VRA" means that certain Voluntary Remediation Agreement dated January 25, 1999, between Honeywell and IDEM with respect to the Real Property in accordance with the Indiana Voluntary Remediation Program pursuant to Indiana Code 13 -25 -5 ( "VRP "). 2. Existing Environmental Conditions. The Parties acknowledge that there are certain Hazardous Substances on, at, or under the Property which are in excess of the Indiana Department of Environmental Management's ( "IDEM ") clean-up criteria or screening levels ( "Existing Environmental Conditions "), as and to the extent described in the Environmental Reports. The Commission acknowledges that it has received the Curtis Application (together with the JPR Environmental Report which is a part thereof) and represents hereby that has no knowledge of information that would render the Curtis Application materially incomplete or inaccurate. 3. Current Remediation Efforts. Honeywell continues to remediate the Existing Environmental Conditions under the oversight of IDEM pursuant to the Honeywell ERA. Curtis and the Commission each acknowledges and agrees that the rights granted to Honeywell and obligations of Bosch reflected in the Honeywell ERA run with the land and that, as a successor in title to the Property, Curtis shall be bound by those rights and obligations, and shall have the benefits of all of the rights granted to Bosch reflected in the Honeywell ERA, as successor in interest to Bosch thereunder. 4. The Commission's Indemnification. Subject to the terms of this Environmental Agreement, the Commission and the City each agrees to release, indemnify and hold harmless Curtis, any entity in which Curtis has a controlling interest or under common control with Curtis, and their respective shareholders, directors, officers, agents, employees, and any assignees under Paragraph 12 of this Agreement, against and with respect to any and all damages, claims, losses, liabilities and expenses, including without limitation legal fees and environmental consulting or sampling fees or expenses (the "Environmental Costs ") which may be imposed upon, incurred by or asserted against any of them pursuant to the requirements of any governmental authority, including but not limited to the IDEM and the US EPA, and any unrelated third party, arising out 4