5A2 Access Agreement (Stoic Beverages) - Signed

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LICENSE AGREEMENT FOR TEMPORARY USE This License Agreement for Temporary Use (this “Agreement”) is made on ____________________, 2025 (the “Effective Date”), by and between Licensor, the City of South Bend, Indiana, Department of Redevelopment acting by and through its governing body, the South Bend Redevelopment Commission (the “Commission”), and Licensee, Stoic Beverages LLC, an Indiana Limited Liability corporation (the “Developer”) with offices at 26829 County Road 52, Nappanee, IN 46550 (each a “Party” and collectively the “Parties”). RECITALS A.As of the Effective Date of this Agreement, Developer owns certain real property located in South Bend, Indiana, commonly known as 410 W Wayne St, and more particularly described in Exhibit A (the “Developer Property”), which is subject to a certain Real Estate Purchase Agreement with the Commission dated November 25, 2024 to redevelop the Developer Property. B.The Commission desires to allow the Developer to have temporary access to the lot directly to the east of the Developer Property that is currently owned by the Commission, with a parcel ID of 018- 3012-044005 ., and more particularly described in Exhibit B (the “Commission Property”), for vehicular ingress and egress by Developer and its agents, contractors, employees, and patrons related to the use of the Developer Property. NOW, THEREFORE, in consideration of the mutual promises and representations made in this Agreement, the legal adequacy of which are hereby acknowledged, the Developer and the Commission agree as follows: 1.Temporary License; No Lease or Easement. The Commission hereby grants to the Developer a non-exclusive, temporary license to access and use the Commission Property for the limited purpose of vehicular ingress and egress by Developer and its agents, contractors, employees and patrons related to the use of the Developer Property (the “License”). The Commission and the Developer mutually acknowledge and agree that this Agreement does not constitute a lease of or easement over the Commission Property. 2.Term. The initial term of this Agreement shall be ten (10) years, commencing on the Effective Date of this Agreement (the “Initial Term”). At the conclusion of the Initial Term, this Agreement shall be deemed automatically renewed each year for an additional one (1) year period (an “Automatic Renewal Term”), unless the Commission or the Developer provides notice of its intention not to renew this Agreement as set forth herein. 3.Termination. This Agreement may be terminated by either Party, with or without cause, upon one hundred twenty (120) days advance written notice of cancellation delivered in accordance with Section 12 herein. Upon receipt of the written notice of termination, which shall be presumed received three (3) business days after the same has been deposited in the United States Mail, the Developer will have thirty (30) days to vacate the Commission Property and remove any personal property therefrom, including the any trash or other debris.