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BOOK 22 PIGF 268 MAR ~ g ~~Q~ STATE OF NORTH CAROLINA LEE COUNTY CENTRAL CAROLINA HOLDINGS LLC. SCRAP TIRE RECYCLING & DISPOSAL CONTRACT This Scrap Tire Recycling and Disposal Contract ( " Contract' ) made and entered on this I" day of May , 2008 ( Anniversary date by and between Lee County, a political subdivision of the State ofNorth Carolina, hereafter referred to as " County" and Central Carolina Holdings, LLC, a North Carolina Corporation, with principal business offices located at 1616 McKoy Town Road, Cameron,28326, hereinafter referred to as " Contractor". WITNESETH WHEREAS, the County chooses to recycle its scrap tires when possible and has determined that this service can best be provided through a service contract with a qualified firm; and WHEREAS, the Contractor is qualified to provide collection, transportation, recycling and disposal of tires and other scrap rubber and has the necessary equipment, personnel, Iacilities, expertise, financial resources and management skills to provide a high level of service. I) Scrap Tire Volume Generated It is unknown how many scrap tires that the County receives at its landfill annually. However, the Contractor understands that the County does not control the scrap tire waste stream and that there is no guaranteed volume that will be received during the term of this contract. 2) Recycling and Disposal Services a) Contractor Responsibilities The contractor agrees to accept tires once they are hauled in by a contractor of Lee County Solid Waste hauling service. 3) Term This Contract shall be in full force and effect for a period of five (5) years from the date of execution, unless terminated earlier per Section 7 (b) with automatically extended annual renewal terms at the end of each successive term unless either party notifies the other party in writing 30 days prior to the expiration of the term of his desire to terminate this contract, in which case the term shall end as scheduled.