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<br /> 7gb <br /> operation, maintenance, and removal of its equipment upon the leased <br /> premises. If Lessee is unable to secure all appropriate approvals, <br /> this Agreement may be cancelled by Lessee by Providing thirty (30) days <br /> written notice to Lessor and all advance rentals paid by Lessee shall <br /> be refunded. <br /> 5. Term: <br /> This Agreement shall extend for a period of five (5) years from the <br /> date hereof. The annual rental shall increase each year by three <br /> percent (3%) per year over the previous year's consideration. <br /> 6. Consideration: <br /> A1 consideration for this Agreement, Lessee shall pay Lessor the sum of <br /> $100.00 per month, payable every six months in advance, subject to the <br /> . <br /> escalation clause in Section 5 above. In addition, Lessee shall pay <br /> Lessor at the inception of this Agreement a one-time agreement <br /> execution fee of $200.00. <br /> 7. Termination: <br /> a. This Agreement may be terminated at any time, without notice, by <br /> Lessor should Lessor determine that the structural integrity of <br /> the water tower is in question or that the water tower or any <br /> appurtenances thereto pose an immediate threat to life and/or <br /> property, and, in such event, no compensation shall be paid to <br /> Lessee for damages to any equipment, the removal of which was <br /> necessitated by such condition. <br /> b. This Agreement may be terminated by either party prior to the <br /> expiration of the term hereof upon one hundred eighty (180) days' <br /> -3- <br />