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<br />200706805 <br /> <br />10. All insurance for the new storage facility, <br /> <br />including but not limited to fire and extended coverage and <br /> <br />general liability insurance shall be paid ten percent (10%) <br /> <br />by Thelen and ninety percent (90%) by Company. <br /> <br />11. This Agreement shall continue in perpetuity, or <br /> <br />until termination by written agreement of the parties hereto, <br /> <br />and shall be binding upon and shall inure to the benefit of <br /> <br />the parties hereto, their heirs, successors and assigns. <br /> <br />12. The net revenue derived from the operation of the <br /> <br />new storage facility, after payment of all expenses allocated <br /> <br />to the Joint Venture hereunder or as agreed from time to time <br /> <br />by the parties hereto, shall be divided ninety percent (90%) <br /> <br />to Company and ten percent (10%) to Thelen. <br /> <br />13. Upon the written agreement of the parties to sell <br /> <br />or otherwise dispose of the new storage facility business and <br /> <br />Real Estate identified herein, the parties hereto agree that <br /> <br />the new storage facility constructed by Company (excluding <br /> <br />however the renovated building owned by Thelen) shall be <br /> <br />appraised by an independent appraiser agreed to by the <br /> <br />parties, and Company shall receive said appraised value from <br /> <br />the net sale proceeds. Thelen shall receive the balance of <br /> <br />the net sale proceeds. <br /> <br />14. This Agreement shall be constructed under the laws <br /> <br />of the State of Nebraska. <br />