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1211112007 14:22 7132637795 <br />existing industrial district agreemex~,ts after the effecti~re <br />hereof and while this .A,greement is in effect, which contains <br />anc~ pnovisians mane favorab~.e to the l,andawner tk~ax~ thane in, <br />Agreement, company artd its assig~xs shah. have the right to <br />this Agreement and City ac~xees to amend same to embrace the <br />favaxe,ble terms of such agreement ar renewal. agreement . <br />d~. e <br />PAGE 12135 <br />date <br />tox-ms <br />this <br />amend <br />mare <br />The parties agrae that this Agreement complies with existing laws <br />pertaining to the subject and that alX terr~ts, cansidex~ations and, <br />conditic~zas sec forth herein are lawful, reasozxs,ble, apprc~pa~iate, <br />and nat unduly rest~'xctive of Company's business activities. <br />'~ithr~ut suckx agreement neither party hereto wouXd enter into this <br />Agreement. In the event any ane ar mare words, phxases, clauses, <br />sentences, pa~`agraphs, sections, ~.x~ticles ar at~.er parts of this <br />agreement or the app~,ication thereof to any person, €irm, <br />cargaratian ar circumstances shall he held by an~r court c-f <br />competent ~urxsdictian to be ~.nvalxd or uncanst~.tutir~na,l far any <br />a:eason, then. the applioatioz~, ,invalidity ar uncons't~,tutionaZity of <br />such wards, phrase, clause, sentence, paragraph, section, article <br />ar otk~er part of the Agreement sr~a~.~, be deemed to be independent <br />of and separable €rom the remainder of this Agreement and the <br />validity of the remaining parts c€ this Agreement shell not be <br />affected thexeby. <br />x~. <br />Upon the commencement o€ the term of this Agreement, all other <br />previously existing industrial district agreements with respect to <br />said Land shall terminate. <br />~lT. <br />Natxces by a party to the other party hereto, sha1X be mailed ox <br />delivered as folZaws: <br />~'a~ the City of La Porte : G~.ty Manager <br /> City of La ~eorte <br /> 604 West Fairmbat Parkway <br /> La Parts, TX 7757, <br />To Company: ~ L~ <br /> <br />Attention,; {COMPANY) <br />"Department <br /> ~~ <br /> ~7 ~1c~-S <br />Company ~x'3a,11 promptly nntif~r City of any cha.7age of bWZlerShip Of <br />Property, any assa,gnment of this Agreement, and of ax~y change of <br />billing address. <br />Company shall notify City annuallyr on, ar before June 1, of any <br />cha~xges to the following in€armatian; <br /> <br />