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AGREEMENT made and entered into as of the I" day of December, 2000, by and
<br />between Global Industries, Inc., hereinafter called "Lessor," and THE COUNTY OF HALL,
<br />NEBRASKA, a county located in said state, hereinafter called "Lessee."
<br />WHEREAS, Lessor is the owner of certain real property located in Hall County,
<br />Nebraska, and more particularly described in Attachment 1 hereto (the "Project Premises ");
<br />and
<br />WHEREAS, Lessor desires to acquire, through purchase and construction, a
<br />manufacturing and industrial plant facility (the "Project') located upon the land, which
<br />Project is estimated to cost approximately $3,000,000; and
<br />WHEREAS, Lessor desireto finance a portion of the cost thereof through the issuance
<br />by the Lessee of $3,000,000 in principal amount of The County of Hall, Nebraska Industrial
<br />Development Revenue Bonds, Series 2000 (Global Industries, Inc. Project), hereinafter called
<br />the "Bonds," pursuant to the provisions of Section 2 of Article XIII of the Nebraska
<br />Constitution, and Sections 18 -1614 to 18 -1623, inclusive, Reissue Revised Statutes of Nebraska,
<br />1943, as amended, hereinafter referred to as the "Act'; and
<br />WHEREAS, in order to accomplish such financing, it is necessary that Lessor lease to
<br />Lessee that portion of the land hereinafter described upon which said improvements will be
<br />made.
<br />NOW, THEREFORE, in consideration of the sum of One Dollar ($1.00) to them paid,
<br />for the full term hereof, receipt of which is hereby acknowledged, and other good and
<br />valuable consideration, it is agreed:
<br />1. Lessor hereby leases to Lessee the Project Premises situated in the County of
<br />Hall, State of Nebraska, more particularly described on Attachment 1 hereto, which is hereby
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<br />AGREEMENT made and entered into as of the I" day of December, 2000, by and
<br />between Global Industries, Inc., hereinafter called "Lessor," and THE COUNTY OF HALL,
<br />NEBRASKA, a county located in said state, hereinafter called "Lessee."
<br />WHEREAS, Lessor is the owner of certain real property located in Hall County,
<br />Nebraska, and more particularly described in Attachment 1 hereto (the "Project Premises ");
<br />and
<br />WHEREAS, Lessor desires to acquire, through purchase and construction, a
<br />manufacturing and industrial plant facility (the "Project') located upon the land, which
<br />Project is estimated to cost approximately $3,000,000; and
<br />WHEREAS, Lessor desireto finance a portion of the cost thereof through the issuance
<br />by the Lessee of $3,000,000 in principal amount of The County of Hall, Nebraska Industrial
<br />Development Revenue Bonds, Series 2000 (Global Industries, Inc. Project), hereinafter called
<br />the "Bonds," pursuant to the provisions of Section 2 of Article XIII of the Nebraska
<br />Constitution, and Sections 18 -1614 to 18 -1623, inclusive, Reissue Revised Statutes of Nebraska,
<br />1943, as amended, hereinafter referred to as the "Act'; and
<br />WHEREAS, in order to accomplish such financing, it is necessary that Lessor lease to
<br />Lessee that portion of the land hereinafter described upon which said improvements will be
<br />made.
<br />NOW, THEREFORE, in consideration of the sum of One Dollar ($1.00) to them paid,
<br />for the full term hereof, receipt of which is hereby acknowledged, and other good and
<br />valuable consideration, it is agreed:
<br />1. Lessor hereby leases to Lessee the Project Premises situated in the County of
<br />Hall, State of Nebraska, more particularly described on Attachment 1 hereto, which is hereby
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