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SEAL OF CITY OF FIRST PARTY LAS VEGAS ATTEST: VIOLA BURNS City Clerk WESTERN AIR EXPRESS CORPORATION BY L. H. DWERLKOTTE_________ Its Vice-President SECOND PARTY SEAL OF THE WESTERN AIR EXPRESS CORPORATION ATTEST: ERNEST H. BROWN Asst. Secretary Section 3. That all of the terms and conditions of said Escrow as set forth in the above, ratified and confirmed, and the execution thereof by the City of Las Vegas and the delivery thereof to said Pioneer Title Insurance and Trust Company, Las Vegas, Nevada, are hereby approved, ratified and confirmed. Section 4. That the lease of said Airport, comprising the above mentioned real estate and all improvements thereon, together with the personal property above described from the City of Las Vegas to said Western Air Express Corporation, which is attached to said Escrow Instructions and a copy of which is on file in the office of the City Clerk of the City of Las Vegas, contains among other provisions the following more important provisions, namely: 1. Granting to said Western Air Express Corporation, the following rights and privileges; (a) The use, in common with others authorized so to do, of said Airport and appurtenances, for a period of thirty years from the day on which the City of Las Vegas acquires title to said Airport. (b) The exclusive right for a period of fifteen years to sell to owners and operators of transient aircraft, gasoline, oil, greases, lubricants, and other fuel, at current market price, provided that during the last five years of such privileges, said Western Air Express Corporation shall pay to the City of Las Vegas the sum of two cents per gallon for each gallon of gasoline so sold. (c) Upon completion by the City of a hangar upon said Airport, the exclusive use of sufficient space therein for housing and maintaining adequate facilities for normal and routine repairs and maintenance of its aircraft, and, so long as unrented space is available and until Lessee shall construct its own hangar, sufficient space for the storage of one airplane when required by Lessee. (d) The right to construct on said Airport a hangar, shop, fuel tanks, and other buildings, equipment and facilities required by Lessee in connection with its operations. (e) The first choice of location and the exclusive use of 750 square feet of space in the administration building to be constructed by the City on said Airport, provided the cost of said building does not exceed $50,000, and if such cost exceeds $50,000 then the Lessee shall be entitled to use 1,000 square feet of space therein, for sale of tickets, manifesting of passengers and cargo, handling of mail, baggage and cargo, and similar uses, including offices therefor and for general traffic operations and communications. (f) In common with other airlines, the right to erect, maintain, and operate poles, antenna, equipment, and facilities on and about said Airport, as Lessee may deem necessary for its operation of remote control radio receiving and transmitting equipment, the location thereof to be subject to the approval of the City. (g) The use by Lessee, its employees, passengers, guests, patrons and invitees, in common with others, of all public space in said administration building, including the lobby, waiting rooms, hall ways, rest rooms, and other public and passenger conveniences. (h) The use in common with other air transportation companies, of an adequate vehicular parking space located at or near said administration building. 2. Reserving to the City all concessions at said Airport, not expressly granted to Lessee, which reserved concessions expressly include the sale of food and beverages, notions, curios, magazines, newspapers and periodicals, and slot machines. 3. A covenant that the transfer from said Western Air Express Corporation to said City of the real estate and personal property first above described, constitutes full consideration for said lease and that the lessee shall not, during the term of said lease be required to pay any rents, tolls, charges, or licence fees to the City except such as may already be incorporated in existing ordinances as of date November 1st, 1940, of the City or in said lease.