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<br />3. The Maxey Rifleman Gun Club does hereby exercise its option for the five (5) year period <br />afforded Lessee pursuant to paragraph 15 of the Original Lease Agreement, the aforesaid <br />option period beginning January 1, 2004, and ending December 31, 2008, under the terms <br />and conditions of the aforesaid Original Lease Agreement attached hereto as Exhibit A, <br />and by virtue of approval of this Addendum No.1 and Exercise of Option, the City of <br />Paris as Lessor does hereby accept the Exercise of Option on behalf of the Maxey <br />Rifleman Gun Club as stated herein and in paragraph 15 of the Original Lease Agreement. <br /> <br />4. All of the terms and provisions of the Original Lease Agreement not inconsistent with the <br />terms and provisions of this Addendum No. 1 and Exercise of Option shall remain in full <br />force and effect. <br /> <br />EXECUTED this 8th day of December, 2003. <br /> <br />CITY OF PARIS, LESSOR <br /> <br />Curtis Fendley, Mayor <br /> <br />ATTEST: <br /> <br />Mattie Cunningham, City Clerk <br /> <br />MAXEY RIFLEMAN GUN CLUB, LESSEE <br /> <br />Reagan Skaggs, President <br /> <br />ATTEST: <br /> <br />Bob Schwandt, Secretary/Treasurer <br />