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LICENSE AND EXCHANGE AGREEMENT <br />THIS LICENSE AND EXCHANGE AGREEMENT ( "Agreement ") dated this � day of <br />, 2014, is made by and between the City of Louisville, Colorado, a Colorado home rule <br />municipal corporation, ( "City ") and Zayo Group, LLC, its parent and Affiliates, a Delaware limited <br />liability company ( "Zayo "). Zayo and City may also be collectively referred to as the "Parties" or, <br />individually as a "Party." <br />WHEREAS, the City owns certain conduit facilities within the boundaries of the City of <br />Louisville, Colorado ( "City Conduit ") and owns public rights -of -way within the City; and <br />WHEREAS, Zayo is a telecommunications provider that owns, operates and maintains metro <br />fiber networks in multiple cities; and <br />WHEREAS, Zayo desires to license from the City portions of the City Conduit and rights -of way <br />for the installation of its fibers and conduit as depicted on Exhibit A, attached hereto and incorporated <br />herein by reference; and <br />WHEREAS, in exchange for the use of the City Conduit and rights -of -way, Zayo will install and <br />construct additional conduit and fiber for the City' s use; and <br />WHEREAS, each Party recognizes the efficiencies realized in exchanging certain facilities in <br />support of their own business purposes to effectuate the operations desired by both Parties and is willing <br />to exchange such facilities simultaneously in accordance with the terms and conditions set forth herein. <br />NOW, THEREFORE, in consideration of the mutual covenants, terms, conditions and obligations <br />contained herein, and intending to be legally bound hereby, the Parties hereby agree as follows: <br />1. Incorporation of Recitals. The above recitals are true and correct and are incorporated herein by <br />this reference as a part of this Agreement. <br />2. Definitions. For the purposes of this Agreement, the following terms are defined: <br />(A) "Affiliate" shall mean, with respect to any Party, any other Party, who directly or <br />indirectly controls, is controlled by, or is under common control with that Party. As used <br />in this definition, "control" means the possession, directly or indirectly, of the power to <br />direct or cause the direction of the management or policies of a Party, whether by way of <br />equity ownership, contract or otherwise. <br />(B) "Associated Property" shall mean, with respect. to Delivered Facilities, the following <br />described property necessary for the use of the Zayo - Installed Conduit and Fiber or the <br />City Conduit, as applicable, solely for the limited purposes described in this Agreement: <br />manholes and hand - holes. As used in this Agreement, the term "Associated Property" <br />does not include any telecommunications equipment. <br />(C) "Claim" shall mean all suits, actions, damages, claims, losses, fines, judgments, costs and <br />expenses (including reasonable attorneys', accountants', experts' fees and disbursements <br />and costs of appeal) of any kind or character. <br />(D) "City Conduit" shall mean the conduit network owned by the City that is identified on <br />Exhibit A. <br />Page 1 of 17 <br />