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<br />of other airport facilities. In the event of either of the above contingencies, the LESSOR shall give <br /> <br />the LESSEE ninety (90) days notice, in writing, of its intention to so utilize the tract, or any <br /> <br />portion thereof, for the above specified purposes. In the event of either of the above <br /> <br />contingencies, the LESSOR shall have the option pursuant to Paragraph 8 of this Lease to satisfy <br /> <br />its obligation of compensation to LESSEE. <br /> <br />18. In the event LESSEE shall keep each and every agreement contained herein and do <br /> <br />and perform all the obligations required of them hereunder during the primary term of this Lease, <br /> <br />an option is hereby given and granted to LESSEE to renew and extend this Lease for a period of <br /> <br />TEN (10) years from and after the expiration of this agreement, which option may be exercised <br /> <br /> <br />by LESSEE giving notice, in writing, of their intention to renew said lease ninety (90) days prior <br /> <br /> <br />to the expiration of the primary term of the Lease, and shall be under such terms as previously <br /> <br /> <br />provided. <br />Further, in the event LESSEE shall keep each and every agreement contained herein and <br /> <br />do and perform all the obligations required of them hereunder during the first option of this Lease, <br /> <br />a second option is hereby given and granted to LESSEE to renew and extend this Lease for a <br /> <br />period of TEN (10) years from and after the expiration of said first option, which second option <br /> <br />may be exercised by LESSEE giving notice, in writing, of their intention to renew said lease <br /> <br />ninety (90) days prior to the expiration of the first option of the Lease, and shall be under such <br /> <br />terms as previously provided. <br /> <br />19. In the event of a termination of this Lease by the City of Paris, as permitted herein <br /> <br />during the primary term of said Lease, the City of Paris will be obligated to pay to LESSEE <br /> <br />1/35th of the original cost of said hangar and apron, multiplied by the number of years remaining <br /> <br />in the primary term of this Lease, which ends March 31, 2033. In the alternative, in lieu of <br /> <br />payment for termination during the primary term of this Lease, the City of Paris may agree to give <br /> <br />LESSEE hangar space of equal quality, size and usefulness, at no expense to LESSEE, for the <br />