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LEASE AGREEMENT STATE OF TEXAS . ' § COUNTY OF LAMAR it LEASE AGREEMENT between the CITY OF PARIS, a municipal corporation, acting by and through its Mayor duly authorized, hereinafter referred to as LESSOR, and ,PARIS TEEN LEAGUE BASEBALL ASSOCIATION, INC.,, Paris, Texas, acting by and through its President duly authorized, hereinafter referred to as LESSEE, WITNESSETH: For and in consideration of the payment to the LESSOR the sum of One and No /100 Dollars and other good and valuable consideration, the LESSOR does hereby lease, rent and let unto the LESSEE the following described property: All that certain tract of land located 'in Paris, Lamar County, Texas, to -wit: BEGINNING at a point 300 feet West of the intersection of the NB line of Hickory Avenue with the WB line of Fitzhugh Avenue, also designated as 9th Street, N.E., the same being the SE corner of a twelve (12) acre tract of land sold to the Lamar County Fair Association by H. E. Clement Estate in 1936, described in deed recorded in Volume 245, Page 575, Lamar County Deed'Records; THENCE North 600 feet; THENCE West 600 feet; .THENCE South 600 feet; THENCE East 600 feet to the point of beginning being the same property leased by the City of Paris to the Paris Baseball Club, since named "Reece Field ". The term of this lease shall be five years, beginning on the lst day of February, 1991, and ending on the 31st day of January, 1996. If all terms and provisions of this lease agreement are met then the LESSEE has the option to keep the lease beginning of the lst day of February, 1996, and ending on the 3-1st day of January 2001. If all terms and provisions of the 2nd_ option are met the LESSEE has a 3rd option to keep the.lease agreement for another 5 years beginning on the lst day of February, 2001, and ending on the 31st day of January, 2006. IN CONSIDERATION HEREOF, it is mutually agreed by and between LESSOR and LESSEE: EXHIBIT A