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  • AG - 2022!3!21 J Cyrus - Adams POWER Lease Option-Easement - UKA Executed

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    Kim Wells
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    AG_2022!3!21 J Cyrus - Adams POWER Lease Option-Easement - UKA Executed

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    16 views37 pages

    AG - 2022!3!21 J Cyrus - Adams POWER Lease Option-Easement - UKA Executed

    Uploaded by

    Kim Wells

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
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    Solar Energy Lease and Easement Agreement “This SOLAR ENERGY LEASE AND EASEMENT AGREEMENT (‘Agreement dated ob effxtive “Mareh 1, 2022 (Effective Date’) basseen Cyras& Sons Farms, LLC a Kent lint lability campy and James Cyrus Owners) and Adams Power, LLC, a Delware limite ably company Grantee"). Owe a ‘Ganee are sometimes individually refered tse “Pary” and cllsively asthe “Parti”. ‘Owner isthe fv owner approximately three thousand (3,000 acresof land the “Ste” sed in Lawrence County, Commonwealth ef Kentucky. The “Property” comprises approximately least one thousand (1,000) aes ofthe Ste, as more uly deserbed in ESRbILAT stached fo and made apart oF his Agreement and shown onthe leased propery plan aached hereto as Exhibit A: (he Lense Pl) together with al personal prope, noverents Sand iar located onthe Property and solr and aight on or pong tothe Property (Be "Salar Rights) ‘Gant wishes to conduct ceri actives to ees the vib ofthe Property fr solar entry development Gant find the Property issuable for sls development. t may develop solar photovoline projet on the Propet, a an integrated energy generating and delivery syrem (the “Projet the design of which Projet and sublet files must be pri approve by goverment agencies rm which approvals equred under sppiabie law. The solr ener capt a the Projet sal be approximately 1SOMWIAC” IN CONSIDERATION OF THE AGREEMENTS, COVENANTS AND PROMISES se forth in this |Agrement nd fr oter good and valuable consideration, the recip and sliiencyof which re ocknow edged and agreed by the Pare, Owner and Grance age to allo the tem, provisions and canons contained in this ‘ereement Section L. _Leaseand Grant of Easements Owner eases o Grants the Proper, eran o Gane the ‘aserentspecned fetta an subject oe tenn an eons m this Agreement. Cnt sda ave the ‘uit use and enjoyment ofthe Property im accordance with an subject athe trms ofthis Agremen,wihou ty tanner of hindrance, interference, oe molestation of any kind by Owner or any person cling though Own, however, Owe hall consult with Grane about al proposed emergency response in vance of commencing ach activites tothe extent posible if tt poset enna with Grantee pro initng an energanc sponse, (ner shall coast with Grace a expeiously as porsibl afer initing such response Section 2 ease and Scope of Areement, 21 SolarEnetay Purposes. This Agreements forthe wees st forth inthe Agreement od Grante wil hve the teclusive right to use the Property fr Solar Energy Purposes. “Solar Energy Purposes” mesa) and all ses ‘sociated with ot felated to converting solar energy nt electrieal energy and cllecting and tabsiting the ‘lecieal energy so converted, together with any and all activites related to such uses (Project Activites”), Inching, witout iain {@) determining the feasbilty of solar energy conversion and other power generation on the Propet, including sues of solar activity, sunlight, messaringaaiable solar resources stadying solr imadianc, sight

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