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DocuSign Envelope 10:7E2BDCAB-oBD5-477A-8944-EE84B31EA047 <br /> RENEWAL OF LICENSE AGREEMENT <br /> This Renewal of License Agreement is entered into effective July 1,2022, by and between <br /> the City of San Marcos ("City") and Skinny Labs. Inc., doing business as SPIN ("SPIN" or <br /> "Licensee"). The City and SPIN may, collectively,be referred to as the"Parties.". <br /> 1. The City and SPIN entered into that certain Shared Micromobility Device License <br /> Agreement ("the License Agreement") approved by the City via Resolution No. 21-179R and <br /> effective as of September 7,2021. <br /> 2. The License Agreement provides for an initial term ending June 30, 2022, with <br /> options to renew for up to five additional one-year terms. The Parties wish to renew the License <br /> Agreement for a term of one year. <br /> 3. In consideration of the mutual benefits to and obligations of the Parties,the Parties <br /> hereby renew and extend the term of the License Agreement for one year effective on July 1,2022 <br /> and ending on June 30, 2023, <br /> 4. All other terms and conditions of the License Agreement remain in force and effect. <br /> 5. This agreement may be executed in one or more originals or by digital signature.A <br /> PDF or printed copy of this signed agreement by either party shall be deemed to be an original for <br /> all purposes related hereto. <br /> EXECUTED by the Parties, effective as of July 1, 2022. <br /> SPIN: CITY: <br /> ipn*d by; <br /> ALBy. 5�."".`,U.,MTED404C6 By: <br /> Kyle Rowe ` <br /> Name; Name: <br /> VP, Partnerships &5rPmr�ri�zyLabs Inc. DB S i , <br /> Title: 'QlI e!'r <br />