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current at the time of invoicing hourly rate. Payment shall occur within sixty (60) days of date of invoice from the DISTRICT. CVD shall provide the DISTRICT with a light usage schedule at least ten (10) days prior to the event. 13. The parties may, upon mutual agreement, extend the term of this Agreement for ar additional usage period in 2022, subject to all terms and conditions of this Agreement, except paragraph 9 above, which is subject to annual negotiations. 14. In the event of extraordinary conditions, the General Manager, or a duly authorized representative, may close the subject premises at any time when there is an apparent danger to the persons using the property, the property itself, or for any cause which could affect the safety and welfare of the public per Section 229 of the CRP D Ordinance Manual. Reasonably foreseeable extraordinary conditions include, but are not limited to, rainy or wet conditions which could result in extraordinary damage or wear and tear on the playing fields; lighting malfunction or loss of electricity necessary for proper night lighting; and use of Conejo Creek South as a staging area necessary to support wildland firefighting efforts. 15. The utilization by CVD of the subject premises is subject to the annual permit and condition process of the DISTRICT, which requires review by the Board of Directors. 16. Exhibit C is included to summarize dates and description of milestones contained within this Agreement necessary to provide an efficient and effective Conejo Valley Days 2022. CVD's failure to perform milestones by the associated deadline as described in this agreement will result in a penalty as described further in Exhibit C. 17. CVD shall not transfer or assign this Agreement to any party without first procuring the written consent of the DISTRICT. Nothing contained herein, however, shall prohibit CVD from sublicensing concessions and activities during the Conejo Valley Days celebration to other persons, groups, and organizations, but CVD shall not be released from any obligations or liability hereunder by any reason of any sublicenses or contracts, except as provided for herein. '18. Each party shall provide written notice to the other party of any updated information that affects this Agreement and any other notices required pursuant to this Agreement as follows: CONEJO VALLEY DAYS: 501-1 South Reino Road #282 Newbury Park, CA 91320 Email: bstrlt@aol.com Conejo Valley Days 2022 Agreement I Page 5 i 1-116119 0 [0- 5 Conejo Recreation and Park District 403 West Hillcrest Drive Thousand Oaks, CA 91360