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HomeMy WebLinkAbout84-1212 Chicago Rawhide SECOND AMENDMENT TO LICENSE AGREEMENT This Second Amendment to License Agreement dated DCOM -2 r 12-, 1984 between CHICAGO RAWHIDE MANUFACTURING COMPANY d/b/a CR INDUSTRIES , a Delaware corporation, with its principal office at 900 North State Street, Elgin, Illinois 60120 ("Licensor") , and the CITY OF ELGIN, a municipal corporation, Kane and Cook Counties, Illinois, 150 Dexter Court, Elgin, Illinois 60120 ("Licensee") . WHEREAS, the Licensor and Licensee have entered into a certain License Agreement dated April 23, 1984 , copy of which is attached hereto; and WHEREAS , Licensor and Licensee have executed an Addendum dated August 29 , 1984 to paragraph 3 of said License Agreement; and WHEREAS, Licensor and Licensee hereby wish to render null and void the provisions of said Addendum. NOW THEREFORE, in consideration of the mutual covenants contained in said License Agreement, as amended, the Licensor and Licensee agree that the provisions of the Addendumchted August 29 , 1984 , previously amending paragraph 3 of said License Agreement are hereby rendered null and void and have no further effect, as of the date of this Second Amendment, and the agreement between the parties as reflected in the original License Agreement dated April 23 , 1984 is now deemed the full agreement cF the parties hereto as of the date of this Second Amendment. CITY OF N, a m nicipal corporation By: Date: Z.., i 1/4/ Attest: 4.10, 14__P it_Ant...0-4,,L._ CHICAGO RAWHIDE MANUFACTURING COMPANY //,-; / ' By: Date: Attest: / 0e7.-.e_1\ - 2 - 13 LICENSE AGREEMENT DATED April 23 , 1984 , between Chicago Rawhide Manufacturing Company d/b/a CR Industries , a Delaware corporation with its principal office at 900 North State Street, Elgin, Illinois 60120 ("Licensor") , and the City of Elgin, a municipal corporation, Kane and Cook Counties , Illinois , 150 Dexter Court, Elgin, Illinois 60120 ("Licensee") . For and in consideration of One Dollar ($1. 00) and other valu- able consideration, receipt of which is hereby acknowledged, the parties agree as follows : 1. Licensor hereby grants Licensee a non-exclusive license to install and maintain at Licensee 's sole cost a radio antenna on the Water Tower located on Licensor 's premises at 900 North State Street, Elgin, Illinois , for the period commencing on the date hereof and ex- piring upon termination by either party. 2. Licensee shall cause its antenna to be installed in a safe and workmanlike manner and shall take all necessary precautions to as- sure the safety of its City personnel , independent contractors or any other persons who may be involved in such installation work. 3. Indemnification by Licensee. Licensee agrees to defend, indemnify and save, hold and keep Licensor, its parents , subsidiaries , associate or affiliated companies , directors , customers , their agents and employees harmless from and against any and all liability, damage , loss , cost, expense, claim, demand, suits , actions , compensatory or punitive judgments or recoveries (including but not limited to reasonable attorney' s fees and expenses) , bodily injury, sickness , disease or death to any person or persons or damage, destruction or loss of use of any property arising or asserted to have arisen as a result of or incident to or by reason of Licensee ' s installation, maintenance and removal of the radio antenna. 4 . Insurance by Licensee. During the term of this Agreement, Licensee shall procure and maintain policies of insurance with an in- surance company or companies, having at least an A5 rating in the Best Insurance Guide and acceptable to Licensor, at its own cost and expense, which policies shall name Licensor as an additional insured and shall provide the following insurance coverage: a) Comprehensive general liability insurance in an amount not less than One Million Dollars ($1, 000, 000. 00) combined single unit in excess of self-insured retentions and $50, 000/occurrence and $125, 000 aggregate for injury to or death of one or more persons and for damage to property in any one occurrence, against any liability arising out of, or in connection with, the Licensee' s installation, maintenance and re- moval of the radio antenna. b) Umbrella liability insurance in an amount not less than Five Million Dollars ($5 , 000, 000. 00) in excess of the comprehensive general liability insurance listed above. Such policy or policies shall also provide that the insurance company give Licensor thirty (30) days advance notice of cancellation of the policy or policies. Prior to commencing installation, Licensee shall furnish Licensor certificates of insurance certifying compliance with the minimum coverage outlined above. - 2 - 5. Termination. Either party may terminate this license upon six months written notice to the other party at the addresses first herein set forth by certified or registered mail . Upon such termina- tion, Licensee shall cause its radio antenna to be removed from the Water Tower at CR Industries , 900 North State Street , Elgin, Illinois , in a safe and workmanlike manner and shall take all necessary pre- cautions to assure the safety of its City personnel , independent con- tractors or any other persons who may be involved in the work. CHICAGO RAWHIDE MANUFACTURING COMPANY l � By ://6/1 'Attest ' 1') �f 'l ;,' CITY OF ELGIN, a m nicipal corporation By: � Rc `(\AN) Attest : - 3 - V • Chicago Rawhide Mfg.Co.,900 North State St,Elgin,Illinois 60120,312/742-7840 IIIDUSTRIES August 29 , 1984 Addendum to Paragraph 3 of License Agreement Joint Waiver of Subrogation Licensor and licensee hereby waive any right of subrogation which they may have against the other for any losses paid to them on policy or policies carried on the property to the extent permitted by the terms of such policy or policies . City of . in Chicago Rawhide Mfg . Co . A Mun - c ' pa orpl By : ,./.. By. &—Z%- 7222:7774--- Date : Date : / /,! 4;73 +.u` I Attested : . ., �._;L i Lc.--4.A.., Attested : o-a Q� \/ �.::;Z‘ Date : Z �, Date : f/.15/C)-7