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JULl of til® root of the water produced frost said laud# above described 1® delivered.to the later Company by .Second Party* fh* later Company owns a voter distribution system In the City of las Veg&s, Nevada, through which the later Company, as a public utility, furnishes water to the residents @f said olty for mani©ip»i and domestic purposes. On harsh 30, 1929, first Party and later Company entered into a oontraot setting forth the terms and conditions upon which first Party agreed to transport and deliver into the distribution system of the later Company at has Vegas, Nevada, water produced from said eater bearing lands which later Company m e entitled to appropriate and put to beneficial use. Conditions have changed somewhat since »&id contract m s made and it is the intention of the parties hereto to substitute this agreement for said agreement dated March 30, 1929 between First Party and later Company. mov r m m m z * if xs m m z v m a m p m m m t m i ?PARSPISS HEH£!0 AS FGLL018J Section 1. Second Party shall use reasonable diligence to produce from said water bearing lends by means of the existing water production facilities located thereon all water which Second Party and later Company can put to beneficial use not in excess of the amount thereof which both are entitled to appropriate and divert from said water bearing land®. In no event shall Second Party be retired to-