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4626500v1 <br /> <br />Table of Contents <br /> <br />Page <br /> <br /> <br /> <br />ARTICLE I DEFINITIONS ................................................................................................. 2 <br />Section 1.1 Definitions............................................................................................ 2 <br />ARTICLE II REPRESENTATIONS AND WARRANTIES................................................ 3 <br />Section 2.1 Representations, Warranties and Covenants by the Property <br />Owner ................................................................................................... 3 <br />ARTICLE III PILOT PAYMENTS ........................................................................................ 3 <br />Section 3.1 Payments in Lieu of Taxes ................................................................... 3 <br />Section 3.2 Late Payments ...................................................................................... 3 <br />Section 3.3 Acknowledgment by the Property Owner............................................ 3 <br />ARTICLE IV EVENTS OF DEFAULT ................................................................................. 4 <br />Section 4.1 Events of Default Defined ................................................................... 4 <br />Section 4.2 Remedies on Default ............................................................................ 4 <br />Section 4.3 No Remedy Exclusive.......................................................................... 4 <br />Section 4.4 No Implied Waiver .............................................................................. 4 <br />ARTICLE V PROHIBITIONS AGAINST ASSIGNMENT AND TRANSFER ................. 5 <br />Section 5.1 No Third Party Beneficiaries ............................................................... 5 <br />Section 5.2 Limitations on Transfer of Premises and Assignment of <br />Agreement ............................................................................................ 5 <br />ARTICLE VI ADDITIONAL PROVISIONS ........................................................................ 6 <br />Section 6.1 Conflicts of Interest.............................................................................. 6 <br />Section 6.2 Titles of Articles and Sections ............................................................. 6 <br />Section 6.3 Notices and Demands .......................................................................... 6 <br />Section 6.4 Counterparts ......................................................................................... 6 <br />Section 6.5 Law Governing .................................................................................... 6 <br />Section 6.6 Expiration ............................................................................................. 7 <br /> <br />EXHIBIT A ……………………………………………………………………………………A-1 <br /> <br />EXHIBIT B………………………………………….………………………………………….B-1