1999-024-TURNER INTERNATIONAL PIPING SYSTEMS, TAX ABATEMENT AGREEMENT

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OWNER President Turner International Piping Systems, Inc. 1200 19th Street S.W. Paris, TX 75460 CITY City Manager City of Paris P. O. Box 9037 Paris, Texas 75461-9037 With a copy to: Plant Manager Turner International Piping Systems, Inc, 1200 19th Street S.W. Paris, TX 75460 With a copy to: City Clerk City of Paris P. O. Box 9037 Paris, Texas 75461-9037 13.4. If any term or provision of this AGREEMENT shall be declared unconstitutional or void by any court of competent jurisdiction, the constitutionality and validity of the remainder of said AGREEMENT shall not be affected thereby, and to this end the terms and provisions of said Agreement are declared to be severable. 13.5. This AGREEMENT sets forth the entire understanding between the parties, and any other understandings or agreements shall be canceled and superseded by this AGREEMENT upon the date of execution hereof. None of the terms of this AGREEMENT shall be waived, discharged, altered or modified in any respect, except by an Agreement in writing signed by both parties and specifically referring to this AGREEMENT. The captions in this AGREEMENT are included for convenience only and shall not be taken into consideration in any construction or interpretation of this AGREEMENT or any of its provisions. This AGREEMENT is performable in Lamar County, Texas, and shall be governed by, construed and enforced in accordance with the laws of the State of Texas. The provisions of this AGREEMENT shall apply to, bind and inure to the benefit of the CITY, OWNER, and their respective successors, and permitted assigns, if any, Witness our hands this 18th day of February, 1999. CITY OF PARIS, PARIS, TEXAS By: Charles H, Neeley, Mayor ATTEST: Mattie Cunningham, City Clerk TAX ABATEMENT AGREEMENT - Page 7