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LOCATION RESTORATION RELEASELOCATION RESTORATION RELEASE Date: January 13, 2011 TO: City of Clearwater, Florida 112 South Osceola Avenue Clearwater, Florida 33756 RE: "Dolphin Tale" (the "Picture") SET NAME: INT Nelson House Reference is made to that certain Business Lease Contract, dated July 29, 2010 and amended November, 18, 2010 (the "Location Agreement"), between City of Clearwater, Florida, a' Florida municipal corporation ("Grantor"), and Bottlenose Productions, LLC, a Delaware limited liability company, having its principal place of business at 10390 Santa Monica Boulevard, Suite 250, Los Angeles, California 90025 ("Production Company"), with respect to Production Company's use, as described in the aforesaid Location Agreement, of the property commonly known as the "Harborview Center" located at 320 Cleveland Street Clearwater, Florida 33756 (the "Property"), in connection with the Picture. Now, therefore, in consideration of the premises and mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Grantor and Production Company agree as follows: Grantor acknowledges that Grantor has inspected the Property upon the completion of Production Company's use thereof. Grantor agrees that said Property has been substantially and satisfactorily restored to its prior condition in accordance with the terms and conditions of the aforesaid Location Agreement. Production Company represents and warrants that, during the lease term of the Location Agreement, no injury to persons (other than minor, treatable cuts, bruises and the like) occurred on the Property, and Production Company shall indemnify and defend Grantor against any and all liability, damages, costs and expenses, including reasonable outside attorneys' fees and costs, in connection with any claim or action in connection with said representation and warranty. 2. Grantor hereby releases Production Company of and from any and all duties and obligations, and from any and all claims, demands and/or causes of action of any kind or nature whatsoever which Grantor may have against Production Company (other than those arising out of Production Company's representations and warranties hereunder, or a breach thereof) either in connection with the Property, the subject matter of the Location Contract, or otherwise. 3. This agreement shall be binding upon and shall inure to the benefit of Grantor and Production Company and Grantor's and Production Company's respective successors, licensees and assigns and cannot be modified or amended except in writing signed by Grantor and Production Company. "DOLPHIN TALE" - CITY OF CLEARWATER, FLORIDA LOCATION RESTORATION RELEASE (HARBORVIEW CENTER).0 4. This agreement shall be construed and enforced in accordance with the laws of the State of Florida applicable to agreements of this nature as if entered into and fully performed in said State, and you hereby consent to the jurisdiction of the Courts of said State. 5. This release shall in no way be deemed to limit or otherwise affect the rights granted to Production Company by Grantor under the Location Agreement. In no event shall Grantor be entitled to enjoin or restrain the production, distribution, advertising or exploitation of the Picture, or any parts or elements thereof. IN WITNESS WHEREOF, the undersigned have executed this agreement as of the 13th day of January, 2011. BOTTLENOSE PRODUCTIONS, LLC By: Name: Title: ACCEPTED AND AGREED: CITY OF CLEARWATER, FLORIDA By: 2K J- La, u 419. - t Name: William B. Horne II Title: City Manager By: Name: Frank V. Hibbard Title: Mayor Approved as to form: Attest: By: By: Z Name: Laura Mahony Name: Title: Assistant City Attorney Title: Rosemarie Call City Clerk T4 C 2 "DOLPHIN TALE"-CITY OF CLEARWATER, FLORIDA LOCATION RESTORATION RELEASE (HARBORVIEW CENTER).0