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<br />expressly provided that such insurance policy or policies shall and must be written and issued <br /> <br />by a reputable insurance company or companies, subject to approval by the City Attorney of <br /> <br />the City of Paris, and LESSEE or his insurance carrier or carriers shall deliver a copy of any <br /> <br /> <br />such policies to the City Clerk of the City of Paris, or furnish to the City Clerk a current letter <br /> <br /> <br />or certificate from such company or companies, evidencing the fact that such insurance is in <br /> <br /> <br />full force and effect at all times during this lease and any extension thereof. <br /> <br />11. LESSEE shall provide and maintain in proper condition readily accessible fire extinguishers <br /> <br />in a number and of a type approved by fire underwriters for the particular hazard involved. <br /> <br />12. LESSEE shall provide air crash and air rescue services utilizing the crash truck provided by <br /> <br /> <br />LESSOR with LESSOR performing maintenance and repair. LESSEE will furnish one <br /> <br /> <br />person with crash rescue training with LESSOR furnishing fire training through the City of <br /> <br /> <br />Paris Fire Department Supplemental Training Program. Air Crash and Rescue Services shall <br /> <br /> <br />be required in the absence of City Fire and Rescue personnel. Should City Fire and Rescue <br /> <br />unit(s) be available on the scene, LESSEE shall be required to make themselves available for <br /> <br />assistance if requested. <br /> <br />Article III <br />TERM OF AGREEMENT <br />1. The initial term of this agreement shall be ten (10) years from the effective date of this <br /> <br />agreement. <br /> <br /> <br />2. LESSEE shall have the option to extend this agreement for a five (5) year period at the <br /> <br /> <br />expiration of the initial term. LESSEE shall notify LESSOR at least ninety (90) days prior <br /> <br /> <br />to the expiration of the initial term of his desire for an extension. Upon LESSEE's notice <br /> <br />FBO Lease. Page 6 <br /> <br />6 <br />