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200905599 the Leased Premises at the end of the Term hereof without compensation of any kind to Lessee, except that any trade fixtures or personal property which are installed and paid for by Lessee shall remain the property of Lessee and may be removed by Lessee during the Term hereof, provided Lessee repairs any damage to the Improvements (specifically including any and all buildings and structures located on the Event Center Property, Former Property and the City Improvements) caused by the removal of such fixtures. The Parties hereto acknowledge and agree that Wells Fargo is and shall be the owner of the City Improvements until satisfaction in full of the City's obligations under the terms of the Wells Fargo Agreement. d. Naming Ri ts. Neither all nor any portion of the Improvements on the Former Property shall be named without the prior written approval of Former and Lessee. All monetary donations generated from the sale of naming rights with respect to the Improvements on the Former Froperty shall be split between Former and Lessee on such basis as is mutually acceptable to both parties taking into account the donor's wishes. The Improvements on the City Property shall not be named without the prior written approval of the City and Lessee; provided, however, that Lessee shall not unreasonably withhold its consent and provided further that the name shall include a designation for 4-H and/or FFA, as mare specifically identified by Lessee prior to the completion of construction thereof. A11 monetary donations generated from the sale of naming rights with respect to the Improvements on the City Property shall be retained by the City. No sale or commercial use of naming rights by the City shall be made with respect to the City Improvements so long as the Wells Fargo Agreement remains in effect. e. Grandstand Improvements. Lessee shall cause the repairs, alterations and improvements to the grandstand building on the Former Property described on Exhibit "F" attached hereto and incorporated herein by this reference (the "Grandstand Improvements", as previously defined), to be completed in a good, workmanlike and timely manner, using first quality materials, and in full compliance with all applicable building codes, laws, rules, orders, ordinances, directions, regulations, and requirements of law. 6. Taxes and Assessments. It is the intent and expectation of the Parties that the Leased Premises shall be exempt from taxes upon real and personal property; however, should the Lessee's use of the Leased Premises result in any real or personal property taxes being assessed ar levied upon any part of the Leased Premises, any such taxes shall be paid by the Lessee excepting that portion of the Former Property that is currently subject to real ar personal property tax (Hall County Assessor Parcel Number 4pp347245). In the event Farmer's use of the Former Froperty and the Improvements thereon result in any real ar personal property taxes being assessed or levied upon any part of the Former Property, any such taxes shall be paid by Former. In the event Event Center's use of the Event Center Property and the Improvements thereon result in any real or personal property taxes being assessed or levied upon any part of the Event Center Property, any such taxes shall be paid by Event Center. Tn the event the City's use of the City Property _9_