1993-012-RES WHEREAS, the City of Paris did heretofore by Resolution No. 88-009, authorize Cox Field Fixed Base

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ll, Assignment and Transfer, ass igned in whole or in par t by written consent of lessor and without such prior written consent This lease shall not be lessee without the pr ior any attempted assignment shall be void. C. Suspension of Lease. During the time of war or national emergency, lessor shall have the right to lease the landing area at any part of said airport to the United States Government for military or naval use, If any such lease is executed, any provisions of this instrument which are inconsistent with the provisions of the lease to the government shall be suspended, Nothing contained in this lease shall prevent lessee from pursuing any rights which lessee may have for reimbursement from the United States Government for the taking of any part of this leasehold or for any loss or damages caused to lessee by the United States Government, ARTICLE VIII Rights Upon Termination A, Upon termination of this lease other than under Article VII, paragraph A hereof, lessee shall immediately remove all personal property from the demised premises and return the premises and improvements thereon to lessor in a good state of repair. Any property remaining on the prem- ises after termination shall, at lessor's sole option, become the property of lessor or same may be removed and/or disposed of in any manner deemed appropriate by lessor, Lessor shall not be liable in any manner for such removal and/or disposal; and the cost and expense of such removal and/or disposition shall be paid by lessee. B, Purchase of Equipment. Lessor and Lessee acknowl- edge that this lease arises from a prior Cox Field fixed base operator lease between the City of Paris, a municipal corporation, and between the City of Paris and Saber Aviation has heretofore been assigned to J, B. Richey, Inc, and that to further cffect and maintain the rights of the City of Paris as set forth in the Saber lease, Lessee, J, B. Richey, Inc., does acknowledge that under the prior lease, an does grant under this lease, a right to the City of Paris to repurchase the 1972 International jet fuel truck on the following terms: Until March 11, 1994--$12,000,00; On March 12, 1989--$9,500,00,00; On March 12, 1990--$6,500.00; On March 12, 1991 and any subsequent years--$6,000.00, In the event J. B, Richey, Inc. fails to perform as required in this contract, then the Lessor shall repurchase said fuel truck paying therefore the price established by said above described schedule which recognizes a final salvage value of $6,000.00. Lessee does further, in order to effectuate the lease, agrees to deliver the title to the fuel truck to the City of Paris or to show the City of Paris as a lienholder thereon.