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NRPA <br />NATIONAL <br />RECREATION AND PARK <br />ASSOCIATION <br />All Parties shall retain all title, ownership, rights, and intellectual property rights in their own respective marks, <br />logos, content, materials, tools and intellectual property. Under no circumstance will any Party to this MOU use <br />another Party's Licensed Marks in a false, misleading, or disparaging manner. Upon completion of the Project, <br />Parties shall, at their own expense, return all copies Licensed Marks to their respective owners beyond what is <br />necessary for record-keeping purposes. <br />5. Limits of Liability <br />To the fullest extent permitted by applicable law, Grantee hereby releases the Walmart Foundation and NRPA, <br />and each of their directors, officers, managers, members, employees, agents, attorneys, advisors, consultants, <br />volunteers and other like parties (collectively the "Support Parties"), from any liability whatsoever relating to or <br />arising out of the Project or the use of the Grant Funds. Grantee further waives any right to sue or bring any action <br />of any kind against the Support Parties relating to or arising out of the Project or the use of the Grant Funds. This <br />limitation of liability shall apply whether the Support Parties' liability arises due to breach of contract, breach of <br />warranty, or as a result of tortious conduct, including, but not limited to, negligence (of any kind), strict liability, <br />statutory liability, or any other causes of action. <br />NRPA's liability, if any, arising out of or in any way related to the relationship and/or dealings between NRPA <br />and Grantee, shall be limited to the payment amounts paid pursuant to this MOU. NRPA shall not be liable for <br />any damages caused by or arising out of the acts or omissions of a third party. <br />6. Indemnification <br />To the fullest extent permitted by applicable law, Grantee shall indemnify, defend and hold harmless the Support <br />Parties from any and all causes of action, suits, settlements, judgments, liens, indebtedness, damages, losses, <br />costs, expenses, fees (including attomey's fees and costs), penalties, claims, claims for relief, liabilities and <br />demands of every kind, nature, and character (collectively, "Claims") relating to or arising out of: (i) Grantee's <br />involvement in the development, planning, demolition, construction, installation, implementation, maintenance, <br />repair and/or management of the Project; (ii) any failure by Grantee to comply with any applicable laws, rules <br />and/or regulations (including, without limitation, building, safety and fire codes, etc.); (iii) Grantee's negligence, <br />misconduct, or malfeasance of Grantees or their agents or representatives; or (iv) any breach by Grantee of any <br />agreement involving the Project or the use of the Grant Funds. In no event shall the Support Parties be liable for <br />any punitive, exemplary, special, incidental, indirect or consequential damages of any kind (including, but not <br />limited to loss of profits, loss of reputation and/or loss of current or prospective business advantage, even where <br />such losses are characterized as direct damages) arising out of or in any way related to the relationship and/or <br />dealings between the parties, regardless of whether the claim under which damages are sought is based upon <br />contract, tort, negligence (of any kind), strict liability or otherwise, and regardless of whether the parties have <br />been advised of the possibility of such damages at the time of contracting or otherwise. <br />7. Confidentiality <br />During the term of this MOU, the Parties may learn certain Confidential Information of each other. For purposes <br />of this MOU, Confidential Information means the confidential and proprietary information, not generally known <br />by non-party personnel, used by the disclosing party and which is proprietary to the disclosing party, and <br />includes, without limitation, the disclosing party's trade secret or proprietary personnel, financial, marketing and <br />business information, including strategic, operations and other business plans or forecasts, and Confidential <br />Page 1 3 of 7 <br />5 <br />