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EXHIBIT I FOURTH AMENDMENT TO FRANCHISE AGREEMENT BETWEEN THE TOWN OF LOS ALTOS HILLS AND GREENWASTE RECOVERY, INC. FOR COLLECTION AND PROCESSING OF MIXED COMPOSTABLE MATERIALS, RECYCLABLE MATERIALS AND YARD TRIMMINGS THIS FOURTH AMENDMENT ("Amendment") is effective on the 21 day of November 2023, and made by and between the Town of Los Altos Hills ("Town") and GreenWaste Recovery, LLC (as successor to GreenWaste Recovery, Inc.) ("Franchisee"). Town and Franchisee are sometimes collectively referred to as "Parties" hereinafter. RECITALS WHEREAS, the Town and Franchisee previously entered into an agreement titled "Franchise Agreement Between the Town of Los Altos Hills and GreenWaste Recovery, Inc. for Collection and Processing of Compostable Materials, Recyclable Materials and Yard Trimmings", dated June 28, 2019 and amended on July 16, 2020, November 18, 2021 and January 1, 2023 ("Franchise Agreement"); and WHEREAS, the Franchise Agreement includes a fifteen year term beginning July 1, 2019 and ending on June 30, 2034; and WHEREAS, the Town entered into an Agreement for Disposal of Municipal Solid Waste with International Disposal Corp. of California on April 11, 1989 ("Disposal Agreement") that expires on November 21, 2023. WHEREAS, the Disposal Agreement directs Franchisee to transport all Non -Recyclable and Non-Compostable items collected, materials that cannot be processed and residues to be disposed of from processing Mixed Compostable Materials, Recyclable Materials and Yard Trimmings collected by Franchisee from Service Recipients, to the Newby Island Landfill. WHEREAS, the Town would like to amend the Franchise Agreement to allow Franchisee to dispose of Mixed Compostable Materials, Recyclable Materials and Yard Trimmings collected by Franchisee from Service Recipients, to Franchisee's network of facilities. In consideration of Franchisee selecting a Designated Disposal Site, Franchisee will remit $25,000 to the Town yearly. WHEREAS, on XXXX, the City Council adopted Resolution No. XXX directing the City Manager to proceed with an amendment to the Franchise Agreement to effectuate the foregoing recommendations; WHEREAS, the Parties desire to amend the Franchise Agreement as described herein. NOW, THEREFORE, in consideration of this Fourth Amendment, the mutual promises, covenants, and stipulations herein contained, the parties hereto agree to amend the Franchise Agreement as follows: 1. Recitals; Definitions. The foregoing recitals are true and correct, and incorporated into this Amendment by this reference. Capitalized terms used in this Amendment and not otherwise defined herein shall have the meaning assigned to them in the Franchise Agreement, as amended. Resolution 68-23 Page 3