01/28/2019 BOARD OF SELECTMEN Agenda Packet

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(DRAFT-FOR DISCUSSION PURPOSES ONLY) mechanical malfunction that is expected to last longer than eight hours; and any other breach of security. 12. Improvements to the Establishment Site. Company shall make capital improvements to the site at which the Establishment is located such that the property will match the look and feel of the Town, and be of construction standards at least at the quality of other nearby businesses. Company agrees to comply with all laws, rules, regulations and orders applicable to the Establishment, such provisions being incorporated herein by reference, and shall be responsible for obtaining all necessary licenses,permits,and approvals required for the performance of such work. 13. On-site Consumption. Company agrees that, even if permitted by star br regulation, it will prohibit on-site consumption of marijuana and marijuana-infuseproducts at the Establishment. 14. Term and Termination. . This Agreement shall take effect on the day above written; subject to the contingencies noted herein. This agreement shall continue in effect for so long:-as the Company operates the Establishment or any similar Marijuana Establishment witl ffi.the Town, or five (5) years from the date of this Agr exit, whichever is earlier. At the conclusion of the term of this Agreement, the parti :sh renegotiate a new Host Community Agreement in accordance with the current prX ailing regulations and laws as such regulations and laws may be amended or replaceN��_ Ahe even -he Company no longer.does business in the Town or in any way loses or has its licnse revoked by the Commonwealth, this Agreement shall become null and voider ,however, the Cempany,will.be responsible for the prorated portion of the - � Annual Po }t& due-as.sunder section 2 c. above:.The Town may terminate this Agreement at any tir ` „r 15. Failure to Locate and/or Relocation. 111017 This Agreemeiitshall be null`and void in the event that the Company shall (1) not locate a Retail Marijuanal.. shmen m the Town, in which case,the Company shall reimburse the Town for its legalessso ftect with the negotiation of this Agreement, or (2) relocate the Establishment out of then To ;y'Tn the case of relocation out of Town, an adjustment of funds due to the Town hereunder shall be calculated based upon the period of operation within the Town, but in no event shall the Town be responsible for the return of any funds already provided to it by the Company, If, however, the Establishment is relocated out of the Town prior to the second anniversary of the date of this Agreement, the Company shall pay the Town as liquidated damages an amount equal to ten thousand dollars ($10,000) in consideration of the expenditure of resources by the Town in negotiating this agreement and preparing for impacts. 16. ' Governinlz Law.