Orange County NC Website
9 <br />agents and employees, and any parent company, subsidiary or affiliate of Railway and their officers, agents <br />and employees. <br />15. This Agreement may be terminated by either party upon sixty (60) days' written notice to the <br />other party. During said sixty day period, Licensee shall remove the Facilities from Railway's premises and <br />restore said premises to a condition satisfactory to Railway's chief engineering officer. If Licensee fails to <br />remove the Facilities within the aforesaid sixty day period, Railway may elect: (a) to become the owner ofthe <br />Facilities without any claim or consideration whatsoevertherefor by or to Licensee, its successors or assigns, <br />or (b) to remove the Facilities and all property of Licensee from the premises of Railway at the expense of <br />Licensee. Licensee agrees to reimburse Railway for any and all costs of such removal. No termination ofthis <br />Agreement shall affect any liability incurred by either party hereto prior to the effective date of such <br />termination. <br />16. This Agreement shall take effect as of the day of . 19 <br />IN WITNESS WHEREOF, the parties hereto have executed this Agreement in duplicate, <br />each part being an original, as of the day of , 19 <br />Witness: NORFOLK SOUTHERN RAILWAY <br />COMPANY <br />As to Railway <br />Witness: <br />As to Licensee <br />By: -_ <br />Title: Real Estate Manager <br />COUNTY OF ORANGE <br />sy: <br />Title: <br />JMF 11/09/99 1027461.wpd plxls.wpd~23459vi <br />-4- <br />