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_ .~- <br /> <br />r rnn>; ~ncw~m <br />This Agreement entered into this ~ day of ,T~y,~c'/ ~~r/' G <br />1981, by and between JEAN M. BLUE and DEE BLUE (hereinafter <br />referred to as "Owners") and ZEMLOCK & SON, INC. (herei.n- <br />,,=f.ter referred to as "Operator"). <br />WI-IEREAS, the parties hereto desire to negotiate <br />and explore the possibility of entering into a long-term <br />agreement for the development and extraction of aggregate <br />from Owners' property described on Exhibit "A" hereto; and <br />S91iEREAS, the parties hereto agree that certain <br />state and local approval must be obtained before any such <br />aggregate extraction operation is feasible, and, in that <br />connection, the parties desire to set forth tYieir intention <br />to cooperate jointly in the obtaining of such necessary <br />permits and approval. <br />NOW, THEREFORE, in consideration of One Do'_lar and <br />other good and valuable consideration, the parties Hereto <br />agree as follows: <br />1. Owners shall not offer nor enter into any <br />agreement for the sale, lease, development or operation of <br />~Ir <br />their property described on Exhibit "A" hereto for. a period <br />of one (1) year from the date hereof; provided, however, <br />that operator shall diligently pursue its application for <br />necessary permits. I~1 the event operator shall abandun its: <br />Q~~~ <br />/ ' <br />Wi1~v /~XC QeZ10n ~..Z ~o~rien of F,a~~~,T %~~~ wN~c~ is row bcln9 <br />uteA Fo\~ ('~c~slr.9 ~i4y Covlt( b2 Co•^~irtved Zo fj¢ oP¢t`e~Te~ b~. pwnerr <br />0.S d hay ` IQ~~ J <br />~ "l <br />