Parking Space LICENSE Agreement

Beelman Logistics, LLC., as Licensor, does hereby agree to license to _______________________________________, as Licensee, _______ parking space(s) located at __________________________________ (“Lot”) for Licensee’s use for storage of the vehicles and/or equipment identified in Schedule A, attached hereto and incorporated herein by reference. The following terms and conditions shall apply to this Parking Space License Agreement (“Agreement”):

1.                 Responsibilities. Licensor shall not be responsible or liable for any damage or loss to possessions or items left in Licensee’s vehicle(s), nor will it be responsible or liable for any loss or damages whatsoever, including but not limited to Licensee’s vehicles, equipment, or cargo while on the Lot or personal injury to Licensee or anyone on the Lot pursuant to this Agreement between Licensee and Licensor. Licensee is responsible for any and all damages beyond normal wear and tear to the Lot and any incorporated or adjacent fixtures or structures of Licensor. In such circumstances, Licensor may, in its sole discretion, make such repairs or replacements as necessary and Licensee agrees to compensate Licensor for any such costs, which Licensee agrees herein to be necessary and reasonable for the repair of the premises. Licensee agrees it will be responsible for the replacement of any lost, stolen, or damaged RFID keycards and Licensee shall be billed for all related charges associated with the replacement of any and all RFID keycards, as well as an additional $_______________ RFID keycard deactivation fee. Licensee shall immediately notify Licensor of any lost, stolen, or damaged RFID keycards.

 

2.                 Payment. Licensee agrees to pay $125.00 fee per month for the use of each aforementioned parking space, which shall consist of a size of no greater than 75 feet by 12 feet. Licensor retains the right to increase this fee at any time following advance notice of at least thirty (30) days. Licensee is to make such payment to Licensor by credit card.  Licensee shall make payments in advance on the first of each month. No deductions or allowances from this rate will be permitted for days Licensee fails to use its parking space(s). A charge of $50 will be assessed for a late payment received after the 10th of the month.

 

3.                 Term. This Agreement will begin on the date of execution exhibited below and shall continue on a month-to-month basis.

 

4.                 Termination. This Agreement is terminable at will by either Licensee or Licensor. If Licensee elects to terminate this Agreement, Licensee shall provide Licensor with written notice. No refunds will be issued for early termination.

 

5.                 Maintenance & Repairs. Licensee is not allowed to do any maintenance or repair work to the vehicles covered by this Agreement on Licensor’s property. This includes, but is not limited to mechanical work, washing of truck/trailer, etc.

 

6.                 Indemnification: Licensee shall indemnify, hold harmless, and defend Lessor, as well as its respective owners, officers, directors, shareholders, affiliates, agents, employees, and representatives from and against any and all losses, injuries, damages, claims, costs, demands, suits, and expenses arising out of Licensee’s use of the premises under this Agreement attributable to Licensee and its officers, directors, employees, agents, contractors, or subcontractors, and not attributable to the sole negligence of Licensor.

 

7.                 Insurance: Licensee shall maintain at its own expense during the term of this Agreement such public liability, property damage and cargo insurance coverage for the protection of the public pursuant to law under 49 U.S.C. § 13906 and in amounts no less than the federal minimum financial responsibility limits, as well as workers’ compensation or occupational accident insurance for all its employees and/or agents who may reasonably become present at the Lot under this Agreement as required under the workers’ compensation laws of any state reasonably likely to have jurisdiction over Licensee’s business operations. In no such case, regardless of any other requirements imposed by this Agreement or otherwise, shall Licensee’s insurance coverage amount to no less than $750,000.00 combined single limit, any one occurrence, for automobile bodily injury and property damage liability, $1,000,000.00 an accident of workers’ compensation or occupational accident coverage, and $5,000.00/vehicle plus $10,000.00/occurrence of cargo coverage. Licensee shall provide Licensor with certificates of insurance to evidence the insurance policies and coverages required under this Agreement.

 

8.                 No Bailment: The Parties expressly agree that no bailment has been created through this Agreement or Licensee’s use of the Lot hereunder.

 

9.                 Entire Agreement: This Agreement represents the entire agreement and understanding of the Parties. No prior understandings or agreements of the Parties, whether written or oral, shall be binding.

 

10.              Modification: This Agreement and any attachment hereto may be freely modified upon joint agreement between the Parties if said modification is made in writing and signed by representatives of Licensor and Licensee.

 

11.              Assignment: This Agreement, and the rights provided hereunder, may not be assigned without the written consent of Licensor. This Agreement shall be binding on both Parties, as well as their respective successors and permitted assigns.

 

12.              Governing Law: This Agreement shall be interpreted in accordance with the laws of the State of Illinois, regardless of choice-of-law principles. The Parties agree that any claim or dispute arising from this Agreement or the obligations specified herein shall be resolved by a court of competent jurisdiction in St. Clair County, Illinois. The Parties hereby waive any objections to personal jurisdiction in any such dispute. In the event of any suit between the Parties in any way related to this Agreement, the prevailing party shall be entitled to be reimbursed by the non-prevailing party for all reasonable attorney’s fees, expenses, and other costs incurred in prosecution of the suit.

 

13.              Illegal Activity: No portion of the Lot subject to this Agreement has been leased with the proceeds of any illegal activity. Furthermore, Licensor may terminate this Agreement without notice or opportunity to cure for any illegal activities conducted by Licensee and those upon the Lot pursuant to this Agreement, including, but not limited to, Licensee’s employees and/or agents, regardless of whether or not any such activity was cited by police or subject to governmental investigation. Licensee shall also notify Licensor of all criminal activities as soon as reasonably practicable after Licensee becomes aware of any such action. Licensee agrees that should Licensor suffer any out-of-pocket expenses, losses, damages, or injury as a result of illegal activity by Licensee or its employees, agents, or representatives, that Licensor shall qualify as a “victim”, as that term is defined in 725 ILCS 120/3 that may be entitled to restitution under 730 ILCS 5/5-5-6. Should Licensor receive any such restitution as a result of any out-of-pocket expenses, losses, damages, or injury, such receipt shall in no circumstances be deemed a waiver of any private right of action against Licensee, its employees, agents, or representatives possessed by Licensor.

EXECUTED AND AGREED by the parties hereto, this the Date of Agreement _______day of Month of __________, 20__.

Licensor: Beelman Logistics, LLC                             Licensee:

1 Racehorse Dr., East St. Louis, IL 62205                   Address:

By: _____________________________                     By (Print and Sign):