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<br />7. This agreement shall be effective for an initial ten year <br /> <br />term, commencing on the 1st day of February, 2010, and terminating <br /> <br />on the 31st day of January, 2020, and shall automatically renew for <br /> <br />successive one year terms thereafter; provided, however, either <br /> <br />party hereto may cancel this agreement upon ninety (90) days <br />written notice to the other party hereto, at any time after the <br />expiration of the first year of the initial ten year term, on <br />February 1, 2011. Upon cancellation of this agreement, CITY shall <br />repeal its designation of said portion of North 8th Street, as a <br />designated truck route, and CITY shall cancel and withdraw its curb <br /> <br />cut permit to PORT, at which time PORT agrees to remove the curb <br />cut, and fence the property at the location of the curb cut. <br /> <br />WITNESS OUR HANDS, this the 8th <br /> <br /> <br />By: <br /> <br />{l~l/4L1/1 <br /> <br />Ci Y Secretary <br /> <br /> <br />By: <br /> <br />FINEFAIR INC. <br />a Texas business <br />corporation <br />d/b/a PORT AUTO TRUCK STOP <br />#~' <br /> <br />Akbarali K. Momin <br />vice President <br /> <br />3 <br />