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<br /> 22 <br /> STATE OF TEXAS <br /> FIRST AMENDMENT TO LEASE OF <br /> AIRPORT PROPERTY/BUILDING <br /> COUNTY OF CALDWELL <br /> RECITALS: <br /> 1. On August 11, 1992 the City of San Marcos, Lessor, and the Central Texas Wing <br /> of the Confederate Air Force, Lessee, entered into a twenty-year lease agreement. <br /> 2. The parties now wish to simplify the rental language of the above-referenced lease <br /> agreement. , <br /> AMENDMENTS: <br /> 1. Paragraph 2.3 is amended to read as follows: <br /> Lessee will operate an exhibition hall of aviation and military memorabilia and aircraft <br />, as well as a gift shop on the leased premises. A minimum donation of $2.00 a person will <br /> be requested for entrance to the exhibition hall. One-half of the gross proceeds collected <br /> by Lessee from its operation of the Aviation Exhibit Hall must be paid to Lessor quarterly. <br /> As additional consideration for this agreement, Lessee will pay to Lessor 15% of the gross <br /> revenue collected from the gift shop after sales tax has been deducted. Gross revenue <br /> includes all revenue generated at the airport by Lessee except revenue generated from <br /> purchases by members of the Central Texas Wing of the Confederate Air Force. Lessee <br /> will pay this percentage to Lessor quarterly. <br /> 2. Article XIX entitled "Special Conditions" is deleted from the lease. <br /> 3. Paragraph 17.12 is added to follow paragraph 17.11 and reads as follows: <br /> If the Central Texas Wing of the Confederate Air Force ceases to exist, this <br /> Agreement will terminate without liability to either party thirty (30) days after written notice <br />- <br /> is delivered to Lessor. <br /> 4. All provisions of the original lease dated August 11, 1992 which are not amended <br /> by this First Amendment to Lease of Airport Property/Building shall remain in full force and <br /> effect. <br />