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License Agreement for Mayor's Office of Emergency Management, 1997

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A license agreement designating the 23rd floor of 7 World Trade Center for the Mayor's Office of Emergency Management.

NYC-WTC_000171193–000171196

Folder label: “LICENSE AGREEMENT”

←Page 3 of 4→
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same to the appropriate go^/emmentaJ authorities, including, without limitation, the Pon

Authority of Naw York ami Naw Jersey (the “Port Authority”) for approval, all in connection

with Landlord's preparation of the Final Plans as defined and described in Article 5 below

Licensee’s Share of Licensor’s Work Cost shall be an amount equal to (x) fifty percent (50%) of

the first $400,000.00 of Licensor’s Work Cost plus (y) one hundred percent (100%) of Licensor’s

Work Cost in excess of said $400,000.00, up to the additional sum of $100,000, it being agreed

that Licensor’s Share of Licensor’s Work Cost shall not exceed the sum of $200,000,00 and that

Licensee’s Share of Licensor’s Work Cost’s shall not exceed the sum of $300,000.00

In addition to the Licensee’s Share of Licensor’s Work Cost, Licensee shall

concurrently therewith pay to Licensor (i) the raasonabie attorneys fees awKao to $40,000.00)

and reasonable expenses incurred by Licensor in connection with this License and the proposed

dAt£9 of p^ynitut by Liccsisor of Liccw$or^s WorJt Cost And siitl

attoroeys'fees'

Licensor shall pro vide Licensee with a statement of all such costs together with

reasnnahly detailed back-up documentation within fifteen (15) business days after licensee’s

giving of a termination noti<3e, or if applicable, the expiration of the License Such costs shall be

subject to audit by DCAS and/or its authorized representative and post-audit by the Comptroller

for the City of New York

If prior to the Expiration Date, Licensee shall terminate this License by reason of

Licensor's breach of the terras ofthia License and Licensee cannot thereby enter into a lease of the

Licensed Premises because of uncompleted Licensors Work pursuant to Article 5 hereof through

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NYC-WTC_000171195Source: NYC Law Department, mirrored locally

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License agreement draft, 7 WTC, July 1997 · Box 7DCAS

NYC-WTC_000171148

Draft license agreement between the City of New York and 7 World Trade Company for office space usage at 7 World Trade Center.

5 shared non-person entities · 1 shared topics · Same agency, volume and box · similarity 0.950

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