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<br />for an additional five (5) consecutive one (1) year terms beginning October 1,2006, and ending <br /> <br />September 30,2007, with subsequent one (1) year terms on the anniversary date thereafter, ending <br />i <br /> <br />September 30, 2011, again subject to the LESSOR's annual right of termination by or before May 31 <br /> <br />of any given one (1) year term as set out herein; provided, the LESSEE gives written notice to the <br /> <br />LESSOR of its intention to renew said Lease Agreement ninety (90) days in advance of the end of <br /> <br />the first five (5) consecutive one (1) year terms, stating in said notice the LESSEE's intention to <br /> <br />renew the lease for use of tracts One (1) and Seven (7) for an additional five (5) consecutive one (1) <br /> <br />year terms. Said renewal shall be automatically effective unless the LESSOR, by written notice <br /> <br />forwarded to the LESSEE within sixty (60) days of receipt of the LESSEE's Notice of Intent, <br /> <br />notifies the LESSEE the LESSOR does not desire to renew the lease for use of either or both tracts <br /> <br />One (1) and Seven (7) for additional five (5) consecutive one (1) year terms, whereupon the LESSEE <br /> <br />shall have until January 1,2007, to vacate either or both tracts One (1) and Seven (7) as indicated <br /> <br />in the LESSOR's notice and in accordance with this lease agreement. With regard to tracts Two (2), <br /> <br />Four (4), Five (5), and Six (6), the term of this lease for tracts Two(2), Four (4), Five (5), and Six <br /> <br />(6) shall be ten (10) years, beginning on October 1, 2001, and ending on September 30, 2011, <br /> <br />conditioned upon the LESSEE fulfilling all the terms and provisions of this Lease Agreement as set <br /> <br />out herein. <br /> <br />IN CONSIDERATION HEREOF, it is mutually agreed by and between LESSOR and <br /> <br />LESSEE: <br /> <br />1. That LESSEE will, at its sole cost and expense, construct and maintain an archery range <br /> <br />and any and all roadways and parking areas to serve the same in accordance with a plan filed with <br /> <br />and approved by the Department of Community Development of the City of Paris on the property <br /> <br />described on Exhibit A attached hereto. <br /> <br />-2- <br /> <br />'" - <br />