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.i <br />-{ 503635 B-607 P-553 04128193 13:44 PG 2 OF 99 <br />CM0000752 <br />TABLE OF CONTENTS <br />• <br />Section . pie <br />RECITALS .................................................... 1 <br />AGREEMENT ................................................ ... 2 <br />ARTICLE 1: Purchase and Sale of the "AW Water Rightsm....... 2 <br />1.1 Purchase and Sale ................................ 2 <br /> <br /> <br />1.2 The Supplemental Water .............................. 3 "a <br />r s? <br />1.3 Water Court Proceedings .............................. 3 ?- <br />1.4 Substitute Water and Storage ......................... 4 <br />1.5 Purchase Price ....................................... 5 <br />ARTICLE 2: Delivery of the AW Priority Water ................ 6 <br />2.1 Requests for Delivery ................................ 6 • <br />2.2 Delivery Locations ................................... 6 <br />2.3 AW Delivery Facilities ............................... 8 <br />(a) Existing AW Delivery Facilities ................. 8 <br />(b) Future AW Delivery Facilities ................... 8 <br />2.4 Delivery Amounts ..................................... 8 <br />2.5 Climax Operation, Maintenance and Permitting......... 9 <br />Obligations .......................................... 9 <br />(a) OM&R .. ................... .......... ........ 9 <br />(b) Permitting and Compliance with Regulations...... 9 <br />(c) Term of Climax Obligations.. ............... 9 <br />(d) Rights and Duties Upon Termination of <br />Climax Obligations or Defaults .................. 10 <br />MPD:bm8 <br />i _ <br />•