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THE STATE OF TEXAS <br />COUNTY OF LAMAR <br />ADDENDUM TO TAX ABATEMENT AGREEMENT <br />This Addendum ("the ADDENDUM") to a tax abatement agreement ("the <br />AGREEMENT") dated November 24, 2008 is entered into by and between the CITY OF <br />PARIS, PARIS, TEXAS, a municipal corporation, situated in Lamar County, Texas, acting by <br />and through its authorized officer whose signature appears below (hereinafter called "CITY"), <br />and CAMPBELL SOUP SUPPLY COMPANY LLC acting by and through its authorized <br />officer whose signature appears below (hereinafter referred to as "OWNER"). <br />WITNESSETH: <br />WHEREAS, heretofore, on November 24, 2008, the CITY and OWNER entered into the <br />Tax Abatement Agreement (the "AGREEMENT") attached hereto as Exhibit 1 and incorporated <br />by reference as if fully set forth herein related to OWNER's Multi -Serve Serve Beverage Line <br />(hereinafter referred to as the "Fusion Line"); and <br />WHEREAS, the term of said AGREEMENT expires on December 31, 2019; 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 and tax abatement guidelines in effect in <br />2013 and on the date of the execution of this ADDENDUM (a copy of which tax abatement <br />guidelines effective January 22, 2018 are attached hereto as Exhibit 2 and incorporated herein <br />by reference) allow for modifications of a tax abatement agreement during the term of said <br />agreement; and <br />WHEREAS, due to careful budgeting and better than expected efficiencies in the Fusion <br />Line, OWNER was able to install said line with a lower capital investment than anticipated by <br />the AGREEMENT and to operate said line with fewer than the number of employees anticipated <br />by the AGREEMENT; and <br />WHEREAS, due to prevailing conditions in the industry, OWNER has closed the Fusion <br />Line, repurposed much of the equipment on said Fusion Line and diverted resources associated <br />with the Fusion Line for production on OWNER's sauce line, and invested over $10,000,000 in <br />said sauce production; and <br />WHEREAS, given all of the above, OWNER has requested certain modifications to the <br />AGREEMENT relating to the minimum capital investment for installing the Fusion Line and <br />number of employees OWNER is required to maintain with respect to the Fusion Line at said <br />PROPERTY during the AGREEMENT; and <br />