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% APPROVAL COPY UNION PACIFIC RAILROAD COMPANY OMAHA 2, NEBRASKA A. E. STODDARD, PRESIDENT i6* I® Board of tas Yegas Talley Mater to itondt Gentlemen: to undersigned MSi’livS Companies and Mater Company toe your letter of January Si* 1953* offering to purchase W toer production and water distribution fasllitie* to* 8* tor with to SOT acres of water-bearing lands and water rights of to undersigned took are wore specifically da* scribed in your letter* Attached to year letter were a proposed agreement, designated as Exhibit "A", to a print designated as Exhibit A*1 * providing for relocation or voaoval of pipe lines and wire lines* The undersigned as* eept your proposal subloot to to following understanding* 1* Your proposal and this acceptance do not constitute a binding contract of purchase to sale* but are intoned toy to state to basis upon which formal agreements will be pre* pared for execution by you to by to under* signed* a* 1 For corporate reasons it may be deair— able for to ultimate conveyance of to proper­ties above mentioned to be made to you by one m were of ? the undersized, and it is understood tot to understood reserve, to right to make Jnter-cospaasy tiisssfcre and to convey the prep* orties to you by any means which toy elect bhich dh result in to transfer of title to all of to tod properties to you in consider* atto of to total purchase price mentioned in your letter of January 31, 1933* 3* ®ht obligation which the undersigned tor undertake under the f ormal agreements to convey to said properties to j« will be sub* tot to toir ability to obtain such approval ? Wlitole governmental authority, including to toads Public Service Commission, as maybe