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LESSOR herebygrants permission to LESSEE to install, maintain and operate the radio <br />communications equipment, antennas and appurtenances described in Exhibit “B” attached <br />hereto. <br />LESSEE reserves the right to replace the aforementioned equipment with similar and <br />comparable equipment provided said replacement does not increase tower loading of said Tower. <br />2.SURVEY. LESSOR also hereby grants to LESSEE the right to survey the <br />Property and Premises, and said survey shall then become Exhibit “C” which shall be attached <br />hereto and made a part hereof, and shall control in the event of boundary and access <br />discrepancies between it and Exhibit “A”. Cost for such work shall be borne by the LESSEE. <br />3.TERM; RENTAL; ELECTRICAL. <br />a.This Agreement shall be effective as of the date of execution by both <br />Parties, provided, however, the initial term shall be for five (5) years and shall commence on the <br />Commencement Date (as hereinafter defined) at which time rental payments shall commence and <br />be due at a total annual rental of Twenty-eight Thousand and No/100 Dollars ($28,000.00) to be <br />paid in equal monthly installments on the first day of the month, in advance, to LESSOR,or <br />to such other person, firm or place as LESSOR may, from time to time, designate in writing at <br />least thirty (30) days in advance of any rental payment date by notice given in accordance with <br />Paragraph 25 below. The Agreement shall commence based upon the date LESSEE commences <br />installation of the equipment on the Premises. In the event the date LESSEE commences <br />stth <br />installation of the equipment on the Premises falls between the 1and 15of the month, the <br />st <br />Agreement shall commence on the 1of that month and if the date installation commences falls <br />thstst <br />between the 16and 31of the month, then the Agreement shall commence on the 1day of the <br />following month (either the “Commencement Date”).LESSOR and LESSEE agree that they <br />shall acknowledge in writing the Commencement Date. LESSOR and LESSEE acknowledge <br />and agree that initial rental payment(s) shall not actually be sent by LESSEE until thirty (30) <br />days after a written acknowledgement confirming the Commencement Date. By way of <br />illustration of the preceding sentence, if the Commencement Date is January 1 and the written <br />acknowledgement confirming the Commencement Date is dated January 14, LESSEE shall send <br />to the LESSOR the rental payments for January 1 and February 1 by February 13. <br />Upon agreement of the Parties, LESSEE may pay rent by electronic funds transfer and in <br />such event, LESSOR agrees to provide to LESSEE bank routing information for such purpose <br />upon request of LESSEE. <br />b.LESSOR hereby agrees to provide to LESSEE certain documentation (the <br />“Rental Documentation”) evidencing LESSOR’s interest in, and right to receive payments under, <br />this Agreement, including without limitation: (i) documentation, acceptable to LESSEE in <br />LESSEE’s reasonable discretion, evidencing LESSOR’s good and sufficient title to and/or <br />interest in the Property and right to receive rental payments and other benefits hereunder; (ii) a <br />complete and fully executed Internal Revenue Service Form W-9, or equivalent, in a form <br />acceptable to LESSEE, for any party to whom rental payments are to be made pursuant to this <br />Agreement; and (iii) other documentation requested by LESSEE in LESSEE’s reasonable <br />discretion. From time to time during the Term of this Agreement and within thirty (30) days of a <br />MINCRosey <br />2 <br />Tower Lease Agreement <br />2201205v4 <br /> <br />