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<br />200608438 <br /> <br />construction of Grantee's improvements on Tract 2, and all work shall be completed by October 31st of the <br />then-current year. Grantee covenants and agrees that Tract 1 will not be used as a staging area and will not be <br />used to store equipment, trucks, dirt, supplies, etc. Grantee further covenants and agrees that no heavy trucks <br />associated with the construction shall use the entranceways located upon Tract 1 without Wal-Mart's prior <br />written consent, except for the initial construction of Grantee's improvements on Tract 2. <br /> <br />(b) Grantee shall, at its sole cost and expense pave any unpaved portion of the curb cut area from <br />Tract 2 to the Access Area, and if, in the process of paving and developing the Access Area, Grantee encounters <br />any irrigation equipment previously installed by Wal-Mart in the Access Area, Grantee shall disconnect and <br />relocate any such equipment at its cost. If Grantee encounters any utility lines under the Access Area, it shall <br />encase said lines in order to protect it. If it is necessary for Grantee to remove trees or any other type of <br />landscaping, it shall relocate it adjacent to the Access Area in a location acceptable to Wal-Mart. <br /> <br />3. Damage to Access Area. or Other Improvements. If, in the process of developing Tract 2, <br />Grantee damages, breaks, destroys, or in any way impairs the Access Area, or any other improvements of <br />Wal-Mart, Wal-Mart in its sole discretion, may require Grantee to either: (i) restore at Grantee's sole cost and <br />expense the Access Area, or Wal-Mart's improvements, to its original quality and condition; or (ii) Wal-Mart <br />may restore the Access Area, or improvements, and invoice Grantee for Wal-Mart's costs incurred restoring the <br />damaged Access Area, or improvements; whereupon Grantee agrees to reimburse Wal-Mart within thirty (30) <br />days of receipt of an invoice for such expenses. <br /> <br />4. Indemnification. Grantee shall indemnify and hold harmless Wal-Mart from any damages or <br />liability to persons or property that might arise from the use of the Access Area by Grantee, its customers, <br />suppliers, employees, and tenants or anyone else using the Access Area for ingress and egress to and from Tract <br />2. Grantee further agrees that Grantee will at all times during the duration of this easement maintain and pay <br />for comprehensive general liability insurance affording protection to Wal-Mart and Grantee naming Wal-Mart <br />as an additional insured on the policy or policies for a combined bodily injury and property damage limit of <br />liability not less than $2,000,000.00 for each occurrence. Grantee further agrees, upon request to deliver to <br />Wal-Mart a certificate or certificates from an insurance company or insurance companies satisfactory to <br />Wal-Mart evidencing the existence of such insurance and naming Wal-Mart as an additional insured. <br /> <br />5. Curb Cuts. Grantee shall be entitled to install no more than two (2) thirty (30) foot curb cut(s) <br />as shown on the Grantee's Plan of Development as approved by Wal-Mart. <br /> <br />6. Relocation. Wal-Mart reserves the right in its sole and absolute discretion to modify or <br />relocate the Access Area provided such modification or relocation does not materially restrict or prevent ingress <br />and egress to and from Tract 2. <br /> <br />7. Compliance. Grantee hereby warrants and represents to Wal-Mart that Grantee in exercising <br />its rights under this Agreement shall comply fully with any federal, state or local laws, regulations, ordinances, <br />permits or other authorizations. In addition to the other representations contained herein, Grantee hereby <br />warrants and represents to Wal-Mart that Grantee shall comply fully with any federal, state or local laws, <br />regulations, ordinances, permits or other authorizations or approvals or other requirements relating to storm <br />water discharges or the control of erosion or sediment discharges from construction projects, including but not <br />limited to the Clean Water Act, 33 U.S.C. ~ 1251 et seq., and the Storm Water General Permit for Discharges <br />Associated with Construction Activities (collectively the "Storm Water Requirements") (including without <br />limitation preparing a Storm Water Pollution Prevention Plan (if applicable) to avoid negatively impacting any <br />erosion or sediment controls during earth-disturbing activities, if any) in exercising any rights or privileges <br />under this Agreement, Grantee recognizing and affirming Wal-Mart would not enter into this Agreement <br />without this warranty and representation from Grantee. Furthermore, Grantee hereby warrants and represents to <br />Wal-Mart that Grantee has a policy to (i) comply in all respects with all immigration laws, statutes, rules, codes <br />and regulations, (ii) properly maintain all records required by the United States Citizenship and Immigration <br />Services (the "US CIS "), including, without limitation, the completion and maintenance of the Form 1-9 for each <br />of Grantee's employees, and (iii) respond in a timely fashion to any inspection requests related to such 1-9 <br />Forms. Grantee warrants and represents it has a policy to fully cooperate in all respects with any audit, inquiry, <br />inspection or investigation that may be conducted by the USCIS of Grantee or any of its employees. Grantee <br />warrants and represents to Wal-Mart it has a policy to conduct an annual audit of the 1-9 Forms for its <br />employees and has a policy to promptly correct any defects or deficiencies which are identified as a result of <br />such audit. Grantee warrants and represents it has a policy to require all subcontractors performing any work <br />for Grantee to comply with the covenants set forth in this Section. Grantee recognizes and affirms Wal-Mart <br />would not enter into this Agreement if Grantee did not have such policies. <br /> <br />8. Public Grant. Nothing contained herein shall be used or construed as a grant of any rights to <br />any public or governmental authority or agency. <br /> <br />9. Duration. The agreements contained herein and the rights granted hereby shall run with the <br />titles to Tract 2 and the Access Area and shall bind and inure to the benefit of the parties hereto and their <br />respective heirs, successors, and assigns. <br /> <br />2 <br />