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Lessee shall notify lessor in writing (ft its election to extend this lease sixty (60) days prior to the date of the expiration at the term of this lease and notice thereof shall be deemed sufficient-if given in the manner hereinafter provided. (b) If at any time during the term of this lease or any extension or renewal thereof, lessor shall receive a bona fide offer to lease the demised premises for a term to begin subsequent to the present demised term or any extension or renewal thereof, and lessor desires to accept such offer, lessor shall immediately submit to lessee a written copy of such offer with a fall disclosure of all terms and provisions thereof and lessee shall have thirty (80) days after receipt thereof in which to elect to lease said premises upon the same terms and provisions contained in such offer. (c) In the event lessee is granted an option to extend under the provisions of paragraph (11) (a), it is agreed that if lessee does not in any instance elect to lease said premises in accordance with the provisions of paragraph (11) (b), such failure shall in no way limit or affect lessee's right and option to extend this lease as provided in paragraph (11) (a). (12)— Holdover. If, at the expiration or termination of this lease or any extension thereof, lessee shall hold over for any reason, the tenancy of lessee thereafter shall be from month to month only and be subject to all other terms and conditions of this lease, in the absence of a written agreement to the contrary. (13)— Assignment and Sub - Letting. Lessor consents that lessee may assign or sub -let the premises, provided that lessee shall remain liable to lessor for the performance of all the terms hereof. (14)— Notice. Notices from lessee to lessor shall be sufficient if delivered to lessor, or if sent by telegraph, or if placed in the United States mails addressed to the lessor at the address shown in this lease. Notices from lessor to lessee shall be sufficient if posted in the United States mails, postage prepaid, addressed to the lessee's place of business as shown in this lease. (15)— Change in Ownership. No change in ownership, assignment of this lease, or assignment of rentals here- under shall be binding upon lessee unless and until lessee has been furnished either the original instrument evidencing such transfer, or assignment, or a true copy thereof. (16)— Successors and Assigns. This agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors or assigns. (17)— Entirety of Agreement. No prior stipulation, agreement or understanding, verbal or otherwise, of the parties or their agents shall be valid or enforceable unless embodied in the provisions of this lease. (18)— Approval and Signing by Lessee. This agreement, whatever the circumstances, shall not be binding on the lessee unless and until approved and signed in its behalf by an Executive Officer, or any of the following employees of the Domestic Sales Department: General Manager, Assistant General Manager, Manager Dealer Sales, Assistant to Manage- ment, Manager Real Estate Division, Territorial Manager, Assistant Territorial Manager or Division Manager. (19)— Lessor agrees that if, during the term of this lease, the State or 1'aunicipality in which the demised premises are located should enact any law imposing a Chain Store Tax or License Fee on Retail Stores, and such Chain Store Tax or License Fee should be applied to the Service Station on the premises herein demised, then Lessee may demand, in writing, that the monthly rental herein provided for, be reduced by an amount equal to one — twelfth (112) of the Annual Tax or License Fee imposed on the demised premises and if the Lessor does not, within thirty (30) days after notice of such demand, agree to said rental reducti -on, Lessee shall have the option to terminate this lease on ten (10) days' written notice. i 0 IN WITNESS WHEREOF lessor and lessee have hereunto subscribed their names the day and year first'abgve written. .... ..:. ....... n.�.. ....(Seal) ..? ..- '(Seal) -.r Witness. ......_..../........_ � ............ ...............-.................. ..._....- ...._........ - i._.__.. c ....._.. /._.. _ (Seal) F ( ...f . , Seal Witness;, .._...._...._...._...._ - - - -- - - -- -• - CG:.: s:;...L 12 _.� ... C �...�...._ ..:..(Seal) (Lessor) Attest*.._ __.. __. ... _. .................. A, *- Approved as to: Terms.............. ... 1e.._._...__.....-_ .... _........................... T —HE"TE S COMPANY (Lessee) ' By... .......................... .......................... .......................... ........ .................. .... (For Acknowledgments see reverse side)