1. APPOINTMENT: Owner appoints Operator as exclusive management agent to operate, enforce, and collect fees on designated surface parking real estate.

2. REVENUE DISTRIBUTION: Gross parking revenues shall be remitted 85% to Owner and 15% to Operator as a management fee after deducting credit card processing charges.

3. ALPR & ENFORCEMENT: Operator shall install automated license plate recognition (ALPR) cameras, signage, and mobile payment QR stations at Operator's sole expense.

4. INSURANCE: Operator maintains $2,000,000 commercial general liability insurance naming Owner as additional insured.