Port of Long Beach Rail Operating Agreement Between the City of Long Beach and Alameda Belt Line

The Port of Long Beach Rail Operating Agreement (Rail Operating Agreement) between the City of Long Beach, acting by and through its Board of Harbor Commissioners (Port) and Alameda Belt Line (ABL) appoints ABL as the operator to perform the duties specified in the Rail Operating Agreement with respect to the Port Rail Facilities and the Port Complex Area, including Terminal Rail Facilities. ABL, as the entity to provide railroad operating and maintenance services under the Rail Operating Agreement, will serve as the short-line railroad operator whose duties consist of, among other things, the operation and maintenance of the rail facilities and switching of railcars for the Port during the term and according to the terms and conditions set forth in the Rail Operating Agreement. The term of the Rail Operating Agreement will begin upon the later of the date of its execution and shall end on December 31, 2036, unless the Rail Operating Agreement is terminated earlier in accordance with any provision entitling either party to terminate.