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� <br />10. The Company �will not recognize as valic3 hereunder <br />any such decree or augmentatfon plan that impairs or invalidates <br />in any way the decreed water rights ot the Lower Cactus Valley <br />Ditch or the Grand River Ditch Company. <br />lI. The terms anc] conditions of this Arfiicle 16 mvst be <br />inCi�a�a in the terms and �onditions of said decree to cause same <br />to be binding upon the Company. <br />12. Neither the Company's acquiescence in said decree <br />or plan or applicatfon nor shareholder's compliance with the <br />provisions of thfs Article 15 shall gfve shareholder any <br />proprietary interest in the w�ter or water rights of the Company <br />beyond that which sharehol.der may have otherwise had under 1aw <br />prior to obtaining such decree. <br />13• Failure of the shareholder to comply with the terms <br />and conditions of this Artic2e 16 in any attempt to change the use <br />or the po�.nt of diversion as contemplated herein may canse the <br />Company in its sole discretion to refuse to divert for shareho�der <br />or hi.s successors any water represented by shares owned by <br />shareholder and included in any aagmentation plan or Court decree. <br />Approvec] by a vote of 136.03 shares for and 2 shares <br />against at the regular annual shareholders meeting held on January <br />14, 1963. � <br />--3- <br />, <br />�� � <br />�I <br />�I <br />,I <br />�I <br />r <br />� <br />' <br />� <br />L.J <br />LJ <br />' <br />��� <br />4, <br />C� <br />' <br />� <br />� <br />, <br />