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ii► Retum to: Global Tower, LLC 1801 Clint Moore Rd. Suite Boca Raton, FL 33487 Site Name: FL -5586 Site Number. Vero Beach MEMORANDUM OF LICENSE This Memorandum of License evidences a License ("License") between Indian River County ("County"), whose address is 1801 27th Street, Vero Beach, Florida 32960 and Global Tower Assets, LLC, a Delaware limited liability company, whose mailing address is 1801 Clint Moore Road, Boca Raton, FL 33487 ("Global Tower"), commencing on date Global Tower begins construction at the site (the "Commencement Date"), which shall be confirmed in writing from Global Tower to County, for certain real property (the "Premises"), as described in Exhibit 1 attached hereto. County ratifies, restates and confirms the License and hereby licenses to Global Tower the Premises, subject to the terms and conditions of the Lic nse. The License provides for the License by the County to Global Tower of the Premises for [a/an initial] term of n (i c) years with renewal option(s) of an additional evwe� (Sjyears each, and further provides: 1. County will attorn to any mortgagee of Global Tower and will subordinate any County's lien to the liens of Global Tower's mortgagees; 2. The License restricts County's ability to utilize, or allow the utilization of its adjacent property for the construction, operation and/or maintenance of communications towers and related facilities; 3. The Premises may be used exclusively by Global Tower and the County for all legal purposes, including without limitation, erecting, installing, operating and maintaining radio and communications towers, buildings, and equipment; and, 4. Global Tower is entitled to sublicense the Premises, including any communications tower located thereon; 5. Under certain circumstances, Global Tower has a right of first refusal to acquire the Premises from County. [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK, SIGNATURES BEGIN ON NEXT PAGE] 1