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EXERCISE OF OPTION <br /> <br />STATE OF TEXAS <br /> <br />COUNTY OF LAMAR <br /> <br />KNOW ALL MEN BY THESE PRESENTS: <br /> <br /> That Carey Eatherly did heretofore, on the 1 lth day of May, 1992, execute a Pasture <br />Lease Agreement for that portion of Cox Field property described on Exhibit A to said lease, <br />attached thereto and made a part thereof, with the CITY OF PARIS, PARIS, TEXAS, a <br />municipal corporation. <br /> <br /> Carey Eatherly does hereby exercise his option for the five (5) year period beginning May <br />15, 2002, and ending May 14, 2007, at the annual rental rate of $2,653.00. <br /> <br />SIGNED this 1 lth day of November, 2002. <br /> <br />Carey Eatherly <br /> <br /> Acceptance of the above Exercise of Option is acknowledged this 1 lth day of November, <br />2002. <br /> <br />CITY OF PARIS <br /> <br />By: <br /> <br />Michael E. Malone, City Manager <br /> <br />ATTEST: <br /> <br />Mattie Cunningham, City Clerk <br /> <br />APPROVED AS TO FORM: <br /> <br />Larry W. Schenk, City Attorney <br /> <br />EXHIBIT A <br /> <br /> <br />