Vehicle Parking Policy

VEHICLE PARKING POLICY

Parties

Recitals

WHEREAS, the Facility Owner/Operator operates parking facilities identified as located at ; and

WHEREAS, the parties desire to establish binding rules, fees, enforcement procedures and liability allocations applicable to the use of those parking facilities effective as of .

NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties agree as follows:

Scope of Work

Parking Rules and Permits

Permit required for use of designated spaces: Yes No

Permit types (select applicable): Assigned First-come, first-served Reserved Visitor

Hours of enforcement:   Special restricted days or events:

Payment Terms

Payment method accepted:   Grace period (days):

Term and Termination

This Policy commences on and continues until unless earlier terminated in accordance with this section.

Either party may terminate this Policy for convenience upon days’ written notice to the other party. Termination for material breach may be immediate where the breaching party fails to cure within days after receipt of notice.

Enforcement, Violations & Remedies

Vehicles parked in violation of this Policy are subject to citation, immobilization, removal and towing at the vehicle owner’s expense. Towing and storage fees will be charged in accordance with prevailing rates and shall be payable by the owner prior to release. Estimated towing fee: .

Repeated or egregious violations may result in revocation of parking privileges and denial of future permit issuance. The Facility Owner may impose fines not to exceed the amounts set forth in the fee schedule.

Liability and Indemnity

The Facility Owner shall exercise reasonable care in maintaining the parking facilities, but shall not be liable for loss, theft or damage to vehicles or their contents except for losses resulting from the Facility Owner’s gross negligence or willful misconduct. Registrant shall indemnify and hold harmless the Facility Owner from any claims arising from Registrant’s use of the parking facilities, including damage resulting from negligent operation of a vehicle.

Confidentiality

Each party agrees to maintain in confidence non-public business information and operational procedures disclosed in connection with this Policy that are reasonably designated as confidential at the time of disclosure. Confidential information does not include information that is or becomes publicly available other than by breach of this obligation or that is lawfully obtained from a third party without restriction.

Amendment and Notices

This Policy may be amended only by a written instrument signed by both parties. Notices required under this Policy shall be in writing and delivered to the addresses set forth above or to such other address as either party may specify in writing.

Governing Law

This Policy will be governed by and construed in accordance with the laws of the State of without regard to its conflict of laws rules.

Entire Agreement

This Policy, together with any appendices or schedules expressly incorporated herein, constitutes the entire agreement between the parties with respect to the subject matter and supersedes all prior and contemporaneous agreements, representations and understandings, whether written or oral.

Acknowledgment

By signing below, the undersigned parties acknowledge that they have read, understand and agree to abide by the terms of this Vehicle Parking Policy.

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