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<br />12 <br />Exhibit C: Description of Property & Usage Fees <br />The Property is located at 8022 Old NC 86, Chapel Hill NC 27516, and a specific farm plot as <br />shown in Exhibit A with infrastructure, ancillary space, utilities and shared equipment, as outlined <br />in the table below. <br /> <br /> <br />INCLUDED IN USAGE FEE (BASE RENT) <br />Farm Plots <br />Type [Description of Use on Plot (i.e. ½ <br />vegetable production, ½ compost)] <br />Plot # Acres <br />Farm Plot Organic vegetables including: <br />various lettuces, tomatoes, bell <br />peppers, cucumbers, squash, <br />zucchini, etc. <br />1 +/- 3 acres <br />Farm Plot <br />Farm Plot <br />Farm Plot <br />Total Dedicated Farm Plot Acres [3] Acres <br />Infrastructure, Ancillary Space & Electric Utility <br />Type Description of Space Bldg. Area <br />Water From OWASA line or well to be <br />provided by TABLE <br /> TBD <br />Electrical Connection From Piedmont EMC, to be provided <br />by TABLE <br /> <br /> <br /> <br />FEE TABLE <br />Year Usage Fee Total Annual Payments <br />2025 (pt) $100/year $58.33 <br />2026 100/year $100 <br />2027 $100/year $100 <br />2028 (pt) $100/year $41.67 <br /> <br />Deposit is a one-time payment of ¼ of annual usage fee per plot <br /> <br /> <br />Docusign Envelope ID: E79A8BDE-1CFC-4438-8134-B9F0C70B7053