Library Bookstore. The Library Building has been designed to accommodate a bookstore on the ground floor adjacent to the entrance to the Library Building facing the University, as more particularly designated as the “Library Bookstore” on the ground floor plan attached hereto as Exhibit A. The Parties intend to initially allow the Friends of the Library and the University Library’s Donations and Sales Unit to operate the Library Bookstore pursuant to a license or use agreement. The terms of any such license or use agreement for the Library Bookstore shall be mutually agreed to by the Parties. Each Party shall reserve the right to select another similar or successor organization or group to operate the Library Bookstore. The person or entities operating within the Library Bookstore shall be responsible for operating in compliance with all applicable laws, rules and regulations. The Parties shall be responsible for ensuring that the sales methods employed in the Library Bookstore as well as all other elements of merchandising, display and advertising, will be dignified and in conformity with the standards of practice prevailing among other first class stores in the downtown San Xxxx area. In the event the Parties cease operating the Library Bookstore as a bookstore, the use of the space allocated to the Library Bookstore shall be determined by mutual agreement of the Parties.
