1994-076-RES WHEREAS, the Paris Economic Development Corporation and the Lamar County Chamber of Commerce

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CHAMBER agrees to pay to VEST a car allowance of $500.00 per month for VEST's business use of his personal vehicle within Lamar County. VEST shall provide a vehicle appropriate for use in business pursuant to this contract, and VEST shall be responsible for payment of liability insurance on such vehicle in an amount approved by PEDC and CHAMBER. CHAMBER agrees to reimburse VEST for out-of-county travel on a cost basis in accordance with PEDC's and CHAMBER's established policies. SECTION 9. Professional Dues and Meetinl!s CHAMBER agrees to reimburse VEST for expenses incurred for attendance at conferences, courses, seminars and other similar professional growth activities, and reasonable expenses incurred therewith, including membership in professional organizations in keeping with VEST's position, provided same do not interfere with his responsibilities under this Agreement. Further, any such expenses shall be approved by CHAMBER in advance before VEST may be reimbursed for same. SECTION 10. Entertainment Allowance CHAMBER agrees to reimburse VEST for reasonable business-related entertainment expenses incurred by him incident to performance of his duties under this Agreement. Entertainment expenses, and any allowance or reimbursement therefor, shall be subject to the policies of PEDC and CHAMBER. SECTION 11. Miscellaneous Benefits A. CHAMBER agrees to pay enrollment fees, monthly dues, and business-related expenses for VEST's membership in one local country club. VEST agrees to pay any such charges related solely to personal entertainment or family use. Director of Economic Dt'vdoomt'nt of the PEDe and Chamber CEO - CONTRACI - Pagt' 4