Legal Agreement: Terms of Service

1 - DEFINITIONS

 

AGREEMENT DATE

shall mean the date the reservation is booked through the Service;

CANCELLATION TERMS

shall mean the Flexible Cancellation Terms described in the section entitled "Cancellation" below;

HOST

shall mean the Host and the Host’s email and address shall have the values set by the

Host in the Host’s Profile as of the Agreement Date;

“GUEST” OR "YOU"

shall mean the Guest and the Guest’s email and address shall have the values set by

the Guest in the Guest’s Profile as of the Agreement Date;

SPACE

shall be the Space the Guest reserves by booking a reservation through the Service;

MAXIMUM OCCUPANCY

shall be the value set by the Host in the Profile for the Space as of the Agreement Date;

BUILDING

shall be the Building in which the Space is located as set by the Host in the Profile for

the Space as of the Agreement Date;

TERM

shall mean the period of time beginning on the Start Date and ending on the later of

the End Date, if specified, or the Minimum Term number of months after the Start Date

of the reservation specified by the Guest and authorized by the Host;

FEES

DEPOSIT

shall be equal to the Monthly Charge for one month unless otherwise specified in the

House Rules by the Host as of the Agreement Date;

TAXES

shall be the taxes set by the Host and collected by the Marketplace Service on the Host’s behalf;

MARKETPLACE SERVICE

shall mean the LiquidSpace service.

 

2 -DIRECT AGREEMENT FOR SPACE

 

HOSTING (DASH) LICENSE

This DASH (Direct Agreement for Space Hosting) License (this “Agreement”) is made as

of the Agreement Date between the Host and the Guest for use of the Space located in

the Building.

 

The Host and Guest agree as follows:

 

LICENSE

Subject to the terms and conditions of this Agreement, the Host grants Guest a

non-transferable license to occupy and use the Space in the Building (the “License”)

during the Term and the Guest accepts such License.

TERM

The Term shall be the period of time that begins on the Start Date and ends on the later

of the End Date, if specified, or Minimum Term number of months after the Start Date.

If no Minimum Term is specified, the Minimum Term shall be one month.

HOUSE RULES

During the Term, the Guest agrees to accept the terms, conditions, and policies provided

by the Host relating to the use of the Space, including building security procedures, IT

access and use procedures, maximum occupancy limitations, specific state law

requirements and other terms or procedures provided by the Host (the “House Rules”)

above. The House Rules may be revised and amended by the Host without the prior

consent of the Guest; provided that Host shall provide Guest with notice of such

revisions and/or amendments. In the event of a conflict between this Agreement and

the House Rules, the House Rules shall govern and control.

PAYMENT

The Guest agrees to pay the Fees, Deposits, and Taxes for use of the Space to the

Host or to the Marketplace Service on behalf of the Host.

DEFINITIONS

Capitalized terms used and not otherwise defined in this Agreement or the Exhibit and

Schedules shall have the meanings set forth in the Section entitled "Definitions" below.

ENTIRE AGREEMENT

This Agreement (including the Exhibits) constitutes the entire agreement between the

Host and the Guest regarding the use of the Space and supersedes any prior agreements

between the Host and Guest relating to Guest's use of the Space.

 

3 HOUSE RULES

 

Guests

1. All guests for conference room meetings must be accompanied by the

member at all times.

2. Guests are not permitted to use the member printer.

Noise

1. Please keep conversations and phone calls to a reasonable level when

working in the shared workspace.

2. Feel free to use the phone booth or small conference room for conversations

if they are unoccupied, but once your call commences please return to your

workspace so that the spaces are available for others.

3. No music is to be played aloud in the space, use those ear buds.

Conference Rooms

1. All casting technology and monitor are there for your use, please handle with

care since these are shared amenities.

2. No equipment or furniture is to be removed from the conference room.

3. Please be respectful of your reserved time, as someone may have the space

reserved directly after your time slot.

Coffee Bar/Fridge

1. Help yourself!

2. Please wash and return mugs/dishes after use.

3. Store whatever you’d like in the fridge, but please remember to throw it out

at the appropriate time to avoid spoilage.

Personal Items

1. All personal items left in the space are to be business or office related only

(ie. laptops, monitors, books, chargers, etc.)

2. We are not responsible for personal items that are lost, stolen, or otherwise

damaged.

3. We have security surveillance in the space to help ensure the safety of all

guests, and to ensure all house rules are being followed.

Conduct

1. There will be no lounging or sleeping in the space at any time.

2. All guests are expected to maintain workplace attire and decorum at all times.

(Keeping shoes on, no feet on the furniture, etc.)

 

4 License Terms

 

COMPLIANCE

You agree to abide by and cause your employees, agents,

guests, invitees, contractors and subcontractors ("Invitees")

to abide by this Agreement and any applicable House Rules.

POSSESSION AND DELIVERY

The Space is accepted by the Guest in its “as-is” “where-is”

condition and configuration. If, for any reason, the Host is

unable to provide use of the Space at the anticipated Start

Date, you agree that the Term shall be automatically

postponed until possession becomes available. Host’s

failure to deliver possession of the Space shall not subject

the Host to any liability for loss or damage, nor shall it

aect the validity of the License. If the Host does not

deliver possession of the Space within one week after the

anticipated Start Date, the Guest shall have the right to

cancel the License with no penalty and be entitled to a full

refund of amounts paid.

WORKSPACE USE AND ACCESS

You agree to use the Space provided to you for general

oce purposes only and you may not use the Space to

carry out any illegal activities or use the Space (A) in

violation of law or the House Rules, or (B) for any immoral,

unlawful, or objectionable purposes. Further, you shall not

use or permit the usage of any illegal drug or substance in

the Space or in the Building and shall not make or permit

any unreasonable or unnecessary noises or odors in or

upon the Space or the Building. You shall not commit, or

suer to be committed, any waste upon the Space or any

nuisance (public or private) or other act or thing of any kind or

nature whatsoever that may disturb the quiet enjoyment or cause

unreasonable annoyance of any other occupants in the Building.

You agree not to exceed the Maximum Occupancy of the Space.

You shall not make alterations, additions or improvements to

the Space, including the installation of lighting or any phone

or data lines.

You shall not generate, store, install, dispose of or otherwise

handle any hazardous materials in the Space, or in or around

the Building, in any manner contrary to any applicable law.

You shall be liable for the costs of any removal, clean-up

and/or remediation of any hazardous materials released by

you or your Invitees.

You agree that the Host has the right upon 30 days’ written

notice, to require that you relocate to another Space in the same

Building of equal or larger size and similar configuration for the

remainder of the Term, provided that the Fees for such new

workspace are no greater than the Fees for your current Space.

The Host or its authorized representatives may enter the

Space at any time and such access rights shall not give rise to

any decrease or abatement of Fees or Taxes. Unless there is

an emergency, the Host will, as a matter of courtesy, try to

inform you in advance when the Host needs access to the

Space to carry out testing, repair or work other than routine

inspection, cleaning and maintenance. Repair work shall be

done solely at the discretion of Host and the failure of Host,

for any reason, to furnish any maintenance or repairs shall not

render Host liable to you, constitute a constructive eviction,

or give rise to a refund or abatement of Fees. 

You shall not cause or permit any lien to be placed on the

Space, the Building or the land underlying the Building. Any

such lien shall be discharged by you within 10 days of you

becoming aware of such lien.

GOOD CARE

You must take good care of and not damage, waste or make

any changes to the Space or space leased or owned by the

Host of which the Space is a part (the “Host Area”), or the

Building. You shall not alter, add, replace, remove or damage

any furnishings, equipment or other personal property

located in, on or around the Space, the Shared Facilities,

the Host Area or the Common Areas which is not owned by

you or your Invitees ("Host Personal Property"). At the expiration

or earlier termination of this Agreement, you must deliver the

space and all Host Personal Property to the Host in good

condition, normal wear and tear excepted. If any damage

(beyond normal wear and tear) to the Space or the Host

Personal Property should occur while in your care, custody

or control, you agree to pay reasonable repair/replacement

costs and to notify the Host immediately upon discovery of

such damage occurring, but no later than 8 hours later. You

are liable for any damage caused by you or your Invitees to

the Space, the Shared Facilities, the Common Areas, the Host

Personal Property or the Building. YOU DISCLAIM AND WAIVE

ALL WARRANTIES WITH RESPECT TO THE HOST PERSONAL

PROPERTY, BOTH EXPRESS AND IMPLIED, INCLUDING BUT

NOT LIMITED TO, WARRANTIES OF MERCHANTABILITY

AND FITNESS FOR A PARTICULAR PURPOSE.

COMMON AREAS

If available at the Building, you may also have access to and

non-exclusive use of any portions of the Building designated

for common use of tenants and others ("Common Areas"), as,

and to the extent, described in the House Rules. The Common

Areas may be changed, relocated, altered, eliminated or

otherwise modified at any time during the Term without the

consent of, or notice to, Guest. Unless otherwise set forth in

the House Rules, the right to parking is not provided under

this Agreement.

SHARED FACILITIES

If available at the Building, you may also have access to and

non-exclusive use of any shared conference rooms, o ce

equipment, and kitchenettes (the “Shared Facilities”) located

near the Space on a first-come, first-served basis as, and to

the extent, described in the House Rules. The Host may make

changes to the Shared Facilities from time to time during the

Term including, without limitation, removal of all or portions

of the Shared Facilities without your consent or notice to you.

KEYS AND SECURITY

Any keys or entry cards for the Space or the Building, which

the Host lets you use, remain the Host’s property at all times.

You shall not make any copies of them or allow anyone else

to use them without the Host’s consent. Any loss of keys or 

entry cards must be reported to the Host immediately,

and you must pay the cost of replacement keys or cards

and or changing locks, if required by the Host.

You shall not place any additional locks or bolts of any

kind upon any of the doors or windows of the Space or

Building nor make any changes to existing locks or the

mechanisms thereof.

NAME AND ADDRESS

You may only conduct business in your name. You shall not

put up any signs on the doors to the Space or Building or

anywhere else (except if previously approved), which are visible from outside the Space you

are using, or the Building.

MAIL AND PACKAGES

Mail and packages shall not be delivered to you at the

Space or Building unless permitted in writing by the House

Rules. The postal services may be subject to additional

federal, state, and local requirements.

CONDUCT

You acknowledge that the Host is and will continue to be an

equal opportunity employer and that the Host prohibits any

form of discrimination in employment, against any of its

employees (whether by its employees, its clients, including you,

or others), including, on the basis of race, color, creed, 

religion, age, gender, marital status, sexual orientation, national

origin, or disability, or other characteristics protected by law.

In recognition of this policy, you and your o cers, directors,

employees, shareholders, partners, agents, representatives,

contractors, customers, or invitees shall be prohibited from

participating in any type of harassing or abusive behavior to

employees of the Host or its a liates, other clients or invitees,

verbal or physical in the Building for any reason. You further

agree, upon the request of the Host, to cooperate with the

Host in its e orts to enforce and maintain its equal employment

opportunity, non-discrimination and anti-harassment policies.

The Host may immediately terminate this Agreement without

cost or penalty if Guest or any of Guest's Invitees engage in any

behavior that the Host deems is contrary to such policies.

CONFIDENTIALITY

Both Host and Guest agree that during the Term and thereafter,

the recipient of any non-public information of the other party

that is designated as confidential or proprietary, that the receiving

party knew or reasonably should have known was confidential

or proprietary, or that derives independent value from not being

generally known to the public (“Confidential Information”),

will not at any time be disclosed to any person by such recipient

or used for such recipient's own benefit or the benefit of anyone

else without the prior express written consent of a corporate

o cer of the party that owns such Confidential Information.

The parties agree that if there is a breach of this obligation by

either party, the other shall have the right to request any remedy

in law and/or equity including, but not limited to, appropriate

injunctive relief or specific performance, as may be granted by

a court of competent jurisdiction. Notwithstanding the foregoing,

Guest accepts all risk to its intellectual property interests used in

the Space, neither Host nor its applicable landlord shall have 

any liability arising from, your disclosure (whether intentional

or not) of any of your Confidential Information to any third

parties present in or around the Space or the Shared Facilities.

NON-SOLICITATION

Neither Host nor Guest nor their respective employees and

agents shall knowingly solicit, recruit, hire or otherwise

employ or retain the employees of the other during the

Term and for 90 days following its termination or expiration

without the prior written consent of the other party.

Either party may solicit or recruit generally in the media.

Either party may hire, without prior written consent,

the other party’s employee who answers any advertisement

or who voluntarily applies for hire without having been

personally solicited or recruited by the hiring party.

DAMAGES AND INSURANCE

You are responsible for any damage you cause to the Space

or any Host Personal Property beyond normal wear and tear.

The Host has the right to inspect the condition of the Space

from time to time and make any necessary repairs. You are

responsible for arranging insurance for your personal property

against all risks and for your liability to and for your employees

and Invitees. You have the risk of damage, loss, theft or

misappropriation with respect to any of your personal

property and liability to and for your employees and Invitees.

You agree, as a material part of the consideration to be

rendered to the Host under this Agreement, to waive any right

of recovery against the Host, its directors, ocers, employees

and its applicable landlord for any damage, loss, theft or

misappropriation of your property under your control and any 

liability to and for your employees and Invitees, including

for injuries to you or your Invitees in or about the Space, and

you agree to hold the Host exempt and harmless and defend

the Host and its landlord, if applicable, from and against any

damage and injury to any such person or to such property, to

the extent arising from your use of the Space or from your

failure to keep the premises in good condition and repair as

provided in this Agreement. All property in your Space is

understood to be under your control.

PAYMENT

During the Term, you shall pay the Fees, Deposit, and Taxes to

the Marketplace Service on behalf of the Host.

Upon the Agreement Date, the following are due and payable

by the Guest (the “Initial Payment”):

- the Monthly Charge for the first full calendar month of the Term

or a pro-rated portion of the Monthly Charge for the first partial

month of the Term (if you start your Term after the first calendar

day of the month),

- the Setup Fee,

- the Deposit,

- any applicable Taxes.

For each following month of the Term, the Monthly Charge

and any applicable Taxes are due and payable on the first day

of the calendar month. If the Term ends before the last

calendar day of the month, the pro-rated portions of the

Monthly Charge and any applicable taxes for the final partial

month of the Term are due and payable. 

If applicable, the Host may also include additional ‘one time’

fees (the “Incidentals”) for services provided to Guest

not included in the Monthly Charge. These services may

include but are not limited to meeting rooms, photocopying,

faxing, catering, etc. The Incidentals will be collected in

arrears on the first of every month and paid by Guest via the

Marketplace Service.

If any payment due to Host is not received within 5 days of

the due date, the Host may, at the Host’s discretion, charge

a late fee of 5% of the overdue amount or the Host may

terminate this Agreement without cost or penalty to Host.

All remaining Fees and Taxes for the remainder of the Term

are immediately due and payable by the Guest.

CANCELLATION

All Fees and Taxes paid by Guests are non-refundable, except

as expressly stated in this Agreement.

The Host may cancel this agreement without cause on at

least ten (10) days notice prior to End Date.

The Host may cancel this Agreement on at least thirty (30)

days’ notice if a contract has been entered into for the sale of

the Building.

Flexible Cancellation Terms

You may cancel this Agreement within one day of the Agree

ment Date or at least 30 days before the Start Date and receive

a full refund of the Initial Payment.

If you choose to cancel after the Agreement Date plus one

day, but less than 30 days before the Start Date, 50% of the Fees

and Taxes will be refunded, but you are no longer obligated to

pay the remaining Fees and Taxes for the Minimum Term. The

Deposit will be fully refunded, if you cancel before the Start Date.

 

After the Start Date, if you cancel the License before the

Minimum Term, (a) no refund is available for the then-current

calendar month and the next full calendar month and (b) 50%

of the remaining unpaid Fees and taxes for the Minimum Term

are immediately due and payable unless a default has occurred

and is continuing, in which case, 100% of all remaining Fees

and Taxes for the remainder of the Term are immediately due

and payable by the Guest.

DEPOSIT

The Deposit will be held by Marketplace Services during the

Term as security for the performance by you of all of your

obligations under this Agreement. Marketplace Services may

apply any portion of the Deposit to amounts owed to the

Host for (A) any damage to the Host Personal Property,

the Space, the Host Area, the Shared Facilities, or the Building,

(B) any overdue Fees or Taxes and/or (C) amounts Host may

incur for any losses or costs arising out of your default under

this Agreement (including any damage or deficiency arising in

connection with the relicensing of the Space), in each case

solely at the discretion of the Host.If, upon the expiration or

earlier termination of this Agreement, you have fully complied 

with all terms of this Agreement and the House Rules, remitted

all amounts due and payable, and surrendered the Space and

all keys, access cards, building passes and all other property

provided to you by the Host (including the Host Personal

Property), the Deposit shall be returned to you within 60 days

after the expiration or earlier termination of the Term, less any

amounts applied as described above. Marketplace Services

shall not be required to maintain the Deposit in a separate

account. No interest will be paid on the Deposit except as

may be required by law. If any portion of the Deposit is so

used or applied by Marketplace Services during the Term,

then within 5 days after Host or Marketplace Services gives

written notice to you, you shall deposit with Marketplace

Services cash in an amount su cient to restore the Deposit

to the original amount.Failure to do so will constitute a

default under this Agreement.

RENEWAL

If an End Date is specified, the License will terminate on the

End Date with no automatic renewal.

If no End Date is specified, Licenses shall automatically

renew after the Minimum Term for additional one-month

periods unless you give the Host or the Marketplace Service

at least 30 days’ written notice prior to the end of then

current Term.

If the Host opts to change the Monthly Charge upon renewal,

the Host will provide at least 30 days notice. There will be no

additional Setup Fee for Licenses that renew.

If the Host opts to renew the License, the Host will provide at

least 30 days notice.

DEFAULT

You shall be considered in default of this License if (A) you fail

to pay when due all or any portion of the Fees or Taxes, if the

failure continues for 5 days after notice to you, which notice 

shall be in satisfaction of and not in addition to any notice

required by law (B) you fail to comply with any term of this

Agreement, if the failure is not cured within 10 days after notice

to you, (C) you attempt to sublicense, assign or otherwise

transfer any interest in this Agreement without Host's prior

written consent, or (D) you violate the House Rules. Upon any

default, the Host shall have the right without notice to terminate

this Agreement, in which case you shall immediately surrender

the Space and the Host Personal Property to the Host. If you fail

to surrender the Space and/or the Host Personal Property, the

Host may, in compliance with applicable law and without

prejudice to any other right or remedy, enter upon and take

possession of the Space and the Host Personal Property and

you shall be liable for all past due Fees and Taxes, all Fees and

Taxes due for the remainder of the Term, all costs incurred by

Host to retake possession of the Space and Host's Personal

Property, and other losses and damages which Host may suffer

as a result of Guest's default. In addition to the right to

terminate this Agreement and collect damages, Host shall have

the right to pursue any other remedy now or hereafter available

at law or in equity.

INDEMNITY

Except to the extent caused by the negligence or willful

misconduct of the indemnified party or such party’s officers,

directors, employees, representatives, contractors and agents,

you agree to indemnify, defend and hold the Host, its landlord,

if applicable, and any mortgagee harmless from and against

any loss, liability, claim, demand, damages, costs and expenses,

including reasonable attorneys' fees, arising out of or in

connection with your and your Invitees' use of a Space,

Common Areas or Shared Facilities, or any violation of applicable

law, this Agreement or House Rules. Nothing contained in this

Agreement shall be construed to create privity of estate or of

contract between you and Host's landlord, if applicable.

 

DISCLAIMER

EXCEPT AS PROVIDED HEREIN AND IN ANY HOUSE RULES,

THE HOST IS PROVIDING ITS SPACE TO THE GUEST

"AS IS,"AND HOST DISCLAIMS ANY AND ALL OTHER

REPRESENTATIONS AND WARRANTIES WITH RESPECT TO

THE SPACE, WHETHER EXPRESS OR IMPLIED, INCLUDING

IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY,

FITNESS FOR A PARTICULAR PURPOSE OR

NON-INFRINGEMENT. HOST CANNOT AND DOES NOT

GUARANTEE AND DOES NOT PROMISE TO GUEST,

ANY SPECIFIC RESULTS FROM USE OF THE SPACE.

HOST DOES NOT REPRESENT OR WARRANT THAT THE

SPACE WILL MEET YOUR REQUIREMENTS; THAT THE

SPACE MEETS APPLICABLE LEGAL STANDARDS OR IS SAFE

AND SUITABLE FOR YOUR INTENDED USE.

LIABILITY

IN NO EVENT WILL HOST OR ITS LANDLORD OR THEIR

RESPECTIVE DIRECTORS, EMPLOYEES, AGENTS, AFFILIATES

OR SUPPLIERS BE LIABLE TO GUEST, OR ANY PARTY

CLAIMING THROUGH GUEST FOR ANY INDIRECT,

CONSEQUENTIAL, EXEMPLARY, INCIDENTAL, SPECIAL OR

PUNITIVE DAMAGES, INCLUDING FOR ANY LOST PROFITS,

LOST DATA, PERSONAL INJURY OR PROPERTY DAMAGE,

OF ANY NATURE WHATSOEVER, ARISING FROM THE

GUEST’S USE OF THE SPACE, ANY CONTENT OR OTHER

MATERIALS ON, ACCESSED THROUGH OR DOWNLOADED

FROM THE MARKETPLACE SERVICE, OR GUEST’S USE OF

THE SPACE, EVEN IF THE HOST IS AWARE OR HAS BEEN 

ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

NOTWITHSTANDING ANYTHING TO THE CONTRARY

CONTAINED HEREIN, AND TO THE MAXIMUM EXTENT

PERMITTED BY APPLICABLE LAW, HOST'S LIABILITY

TO GUEST OR ANY PARTY CLAIMING THROUGH GUEST,

FOR ANY CAUSE WHATSOEVER, AND REGARDLESS OF THE

FORM OF THE ACTION, IS LIMITED TO THE AMOUNT PAID

FOR THE SPACE, IN THE 12 MONTHS PRIOR TO THE INITIAL

ACTION GIVING RISE TO LIABILITY. THIS IS AN AGGREGATE

LIMIT. THE EXISTENCE OF MORE THAN ONE CLAIM

HEREUNDER WILL NOT INCREASE THIS LIMIT.

YOU UNDERSTAND AND AGREE THAT MARKETPLACE SERVICE

IS NOT A PARTY TO ANY AGREEMENTS ENTERED INTO

BETWEEN GUEST AND HOST, NOR IS MARKETPLACE SERVICE

A REAL ESTATE BROKER, AGENT OR INSURER IN CONNECTION

WITH THIS AGREEMENT. THE PARTIES SHALL INDEMNIFY,

DEFEND AND HOLD HARMLESS MARKETPLACE SERVICE

FROM AND AGAINST ANY LOSS, LIABILITY, CLAIM, DEMAND,

DAMAGES, COSTS AND EXPENSES, INCLUDING REASONABLE

ATTORNEYS' FEES, ARISING OUT OF OR IN CONNECTION

WITH ANY USE OF THE SPACE, OR ANY VIOLATION OF

APPLICABLE LAW, THIS AGREEMENT OR HOUSE RULES.

SUSPENSION OF SERVICES

The Host may by notice suspend the provision of services

(including access to the Space) for reasons of political unrest,

strikes, terrorism, Acts of God or other events beyond the

Host’s or the Host’s landlord’s reasonable control.

This Agreement shall automatically terminate if the

Space is rendered unusable as a result of a fire,

other casualty or a condemnation. As between Host 

and Guest, all proceeds of any condemnation award

shall belong to Host and all insurance proceeds of

Host shall be retained by and belong to Host. The Host

may also suspend the provision of services (including

access to the Space) in the event the Space or the

Building is being renovated or repaired, in which event

you will be relocated to another space within the building,

or if necessary, to another building, all at the Host’s

reasonable cost.

SUBLICENSING

You may not sublicense, assign, transfer any interest in

this Agreement or allow any third party to use any portion

of the Space, the Shared Facilities or the Common Areas

without Host's prior consent. Any such sublicense shall

be on the same form as this Agreement and shall be

consummated through the Marketplace Service.

NO LEASE

YOU ACKNOWLEDGE THAT THIS AGREEMENT IS NOT

A LEASE OR ANY OTHER INTEREST IN REAL PROPERTY.

IT IS A CONTRACTUAL ARRANGEMENT THAT CREATES A

REVOCABLE LICENSE. The parties do not intend to create a

lease or any other interest in real property for the benefit of

Guest through this Agreement. The Host retains legal

possession and control of the Space assigned to Guest.

The Host’s obligation to provide space and services to Guest

is subject, in all respects, to the terms of the Host’s lease 

with the Host’s landlord, if applicable. This Agreement and the

License granted hereunder shall terminate simultaneously

with the termination of the Host’s master lease or the

termination of the operation of the Host Area for any

reason at no cost or penalty to Host. You do not have any

rights under the Host’s lease with its landlord, if applicable.

When this Agreement expires or is earlier terminated,

your License to occupy the Space shall automatically

be revoked. You agree to remove your personal property

and leave the Space as of the date of such expiration

or termination. The Host is not responsible for your personal

property left in the Space after expiration or termination.

If you fail to remove your personal property, at the

Host’s option, such personal property shall (A) be deemed

conveyed to the Host and shall become the property of

the Host, or (B) be removed from the Space by the Host

at the Guest’s expense.

NO BROKER

Unless documented in the House Rules, you represent that you

have dealt with no broker in connection with this Agreement.

You agree to indemnify, defend and hold the Host harmless from

any claims of any brokers claiming to have represented you in

connection with this Agreement.

SUBORDINATION

This Agreement and any applicable House Rules are

subordinate to any underlying lease, mortgage, deed

of trust, ground lease or other lien now or subsequently

arising upon the Space or the Building and to renewals,

modifications, refinancings and extensions thereof

including the Host’s lease with the Host’s landlord and to

any other agreements to which the Host’s lease

is subordinate.

HOLDING OVER

For each and every month or portion thereof that you

continue to use or occupy the Space after the expiration

or earlier termination of this Agreement, you shall pay Host

an amount equal to the greater of (A) $2,500 and (B) two

times the Monthly Charge. Your payment of such

amounts shall not be construed to extend the Term or

prevent Host from immediate recovery of possession of the

Space by summary proceedings or otherwise. This Section shall

survive the expiration or sooner termination of this Agreement.

The acceptance of any Fees after the expiration or earlier

termination of this Agreement shall not preclude Host from

commencing and prosecuting a holdover or summary eviction

proceeding. Host and Guest hereby further agree that any

statutory right to hold over beyond the expiration date or sooner

termination of this Agreement is hereby waived to the fullest

extent permitted by law.

MISCELLANEOUS

All demands, approvals, consents and notices shall be sent by

certified mail or electronic mail at the address specified for each

party under the Section entitled "Definitions". This Agreement

shall be interpreted and enforced in accordance with the laws

of the state or commonwealth in which the Building is located.

If either party institutes a suit against the other for violation of

or to enforce this Agreement, the prevailing party shall be

entitled to all of its costs and expenses, including, without

limitation, reasonable attorneys' fees. Host and Guest hereby

waive any right to trial by jury in any proceeding based upon a

breach of this Agreement to the fullest extent permitted by

applicable law. This Agreement may not be modified, amended

or terminated, and Guest’s obligations hereunder shall in no

way be discharged, except as expressly provided in this

Agreement or by written instrument executed by the parties.

If any term, covenant or condition of this Agreement or any

application thereof shall be invalid or unenforceable, the remainder

of this Agreement and any other application of such term,

shall be construed without regard to any presumption or other

rule requiring construction against the party causing this

Agreement to be drafted. Neither Host nor Guest shall have the

right to record this License or any memorandum thereof.