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THE STATE OF TEXAS ) <br />COUNTY OF LAMAR ) <br />AGREEMENT TO TERMINATE TAX ABATEMENT AGREEMENT DATED <br />FEBRUARY 25, 2013 BETWEEN THE CITY OF PARIS, TEXAS <br />AND CAMPBELL SOUP SUPPLY COMPANY LLC <br />This Agreement to Terminate (the "TERMINATION AGREEMENT") a Tax Abatement <br />Agreement (the "AGREEMENT") dated February 25, 2013 is entered into by and between the <br />CITY OF PARIS, TEXAS ("CITY"), a Texas municipal corporation situated in Lamar <br />County, Texas, acting by its authorized officer whose signature appears below, and <br />CAMPBELL SOUP SUPPLY COMPANY LLC ("OWNER") acting by and through its <br />authorized officer whose signature appears below. <br />WITNESSETH: <br />WHEREAS, heretofore, on February 25, 2013, the CITY and OWNER entered into the <br />Tax Abatement Agreement (the "AGREEMENT"), attached as hereto as Exhibit 1 of Exhibit A <br />hereto and incorporated by reference as if fully set forth herein, related to OWNER's Single <br />Serve Beverage Line; and <br />WHEREAS, heretofore, on October 23, 2017, CITY and OWNER entered into an <br />Addendum to Tax Abatement Agreement (the "ADDENDUM"), attached hereto as Exhibit A <br />and incorporated by reference as if fully set forth herein, modifying certain terms of said <br />AGREEMENT; and <br />WHEREAS, the term of said AGREEMENT, as modified by the ADDENDUM, expires <br />on December 31, 2020; and <br />WHEREAS, said AGREEMENT relates to PROPERTY owned by OWNER within the <br />City of Paris, which PROPERTY is located within an Enterprise Zone as set forth in the <br />AGREEMENT; <br />WHEREAS, the Texas Tax Code Sec. 312.208(b) provides that a tax abatement <br />agreement may be terminated by mutual consent of the parties in the same manner that the <br />agreement was approved and executed; and <br />WHEREAS, due to prevailing conditions in the industry, OWNER has determined to <br />replace the Single Serve Beverage Line at OWNER's PROPERTY with a new product line; and <br />WHEREAS, as a result of this determination, OWNER has asked to terminate the <br />AGREEMENT; and <br />WHEREAS, at the time of this TERMINATION AGREEMENT, OWNER is in full <br />compliance with the terms of the AGREEMENT, as modified by the ADDENDUM; and <br />