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<br /> 3. Rent in the minimum amount of $200 per year <br />regardless of the number of attachments and $4.00 per <br />attachment after 50 attachments is currently payable under <br />the terms of the Agreement on the 1st day of January. <br /> 4. Licensee currently attaches to 4359 poles and, to <br />the best of Licensor's knowledge, there are no unauthorized <br />attachments. <br /> 5. The Licensee has paid-in-full all amounts due under <br />the Agreement as of the date of this letter. <br /> 6. This Agreement shall remain in effect until <br />terminated by either part.y upon giving written nnt.ice to t.he <br />other party not less than ninety (90) days prior to the date <br />of termination. <br />We expect to close this transaction in the near future. <br />Please return this letter to Karnack within two weeks. Your <br />assistance is greatly appreciated. <br />SSS/yz <br />Enclosure <br />The undersigned, as Licensor under the Agreement, hereby (i) <br />consents to the assignment by Karnack of Karnack's right, <br />title and interest in and to the Agreement to the Assignee, <br />(ii) represents that the information contained in this <br />letter is true and correct and (iii) releases Karnack from <br />any further liabilities or obligations under the Agreement <br />(subject to the occurrence of and effective upon the <br />Closing). <br />City of San Marcos <br />San Marcos Electric ß~*~~ Utility <br />By: /::?: ~/~ <br />Larry D. ~lley \:) <br />Title: City Manager <br /> <br />NOTE: Licensor's acceptance of this assignment is expressly <br />contingent upon its receipt of an unconditional written acceptance <br />of the assignment by TCI Cablevision of Texas, Inc. <br />