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• / 2. Should the actual cost of the installation of said water main exceed the estimated cost of $2,680*00, then and in that event, the Subdivider will pay the excess to the Company, upon demand, if said actual cost be less than $2,680*00, then the Company will pay to the Subdivider the difference between said estimated cost so advanced and the actual cost* By actual cost is meant the cost of all material and supplies delivered to the job,,the cost of all labor employed in connection with the installation of said water main, the cost of premium on contractor’s surety bond, Public Liability, Property Damage and Contractor’s Contractual 'Liability. Insurance, plus ten percent , (10$) for supervision aryl Overheat!*’ This shall ^ihui^e" tojthe benefit of and be bindirig',.fUiPgp ©xACuton^^^^^f^Jbhs,, successors, and assigns- of .the. respective parties hereto* IM WITNESS WHEREOF, the parties hereto have executed this agreement as of the day and year first above written. Attest ('SEAL) Attest: LAS VEGAS LAND AND WATER COMPANY By, Secretary PIONEER TITLE INS COMPANY, Trustee Vich President [LANCE AND TRUST Ry m — ,, - - - ip — - — 1 — wj(g <303^-1 soflcpu President " 1 1 92 40 p(iCnpil | - 4 -