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CHEVRON EMC 9258420213 08/19 '99 10:54 NO.632 03/08 <br /> SMI interfere wi�fhEVRON's access to the Right-of--Way and <br /> way to perform the following work: I) oversee LANDOWNER's <br /> replacement t Work- <br /> and 2)abandon and remove remainingse WN1rR s Assessment Work; <br /> segments of the pipeline <br /> 2• Reimbursement of Costs. LANDOWNER agrees to reimburse CHEVRON for the <br /> actual costs of its oversight of LANDOWNER's Prcli <br /> removal of any segments of pipeline ght_Of�y Assessandmethent work; the <br /> execution and recording of documents�r g to the abandonment Way}of theprepai <br /> ado , <br /> and creation of a replacement right-of-way acceptable to CHEVRON as set forth.herein <br /> and as described below: <br /> a) LANDOWNER shall pay CHEVRON the actual costs of. iJ overseeing the <br /> LANDOWNER's preliminary Assessment work; <br /> segments; iii] preparing, <br /> removing any remaining pipeline <br /> pnB, executing and recording documents necessary for the <br /> abandonment of the Right-of-Way and creation of a replacement right-of-way acceptable <br /> to CHEVRON. The estimated cost for overseeing the LANDOWNER's Preliminary <br /> Assessment work and the preparation,execution and recording of documents is estimated <br /> to be$ 71000.00, It is understood that the cost estimate as provided for does not include <br /> any costs and expenses associated with the subsequent removal and disposal of any <br /> abandoned sections of old pipeline(s) ultimately determined to be present within the <br /> Right-of•Way. If pipe is determined to still be in the ground, LANDOWNER will be <br /> responsible for the costs incurred relating to the removal and disposal of a <br /> to be present in the Right-of-Way. LANDOWNER shall �'pipe Fouad <br /> amount of estimated costs upon execution of this q greement. CHEVRON the entire <br /> acknowledges that: (i) CHEVRON has made a at. LANDOWNER hereby <br /> anticipated costs, (ii) these costs ared faith effort to calculate the <br /> responsible for any costs ificd a estimates,exceed andLaNDOWNER will be <br /> described in Section(b). as further <br /> PreliminaryWithin one hundred twenty (1.20) days of LANDOWNER's completion of the <br /> Assessment work and removal of any remaining segments of pipe <br /> CHEVRON shall submit to LANDOWNER itemized <br /> Of its oversight of LANDOWNER'S Preliminary documentation of the actual costs <br /> t <br /> associated with theexecution �recording�' Assessment activities and costs <br /> If the total of acivalsts ismore than the estimated of document as set forth above <br /> to CHEVRON, LANDOWNER will ���made by LANDOWNER <br /> 60) <br /> days of the LANDOWNER's receipt of the itemized statement N the of actual costs. Ifce witbb sixty thetotal of actual costs is less than the payment made by LANDOWNER to CHEVRON, <br /> CHEVRON shall reimburse LANDOWNER the diftrcace within <br /> CHEVRON's submittal of the above-referenced documentation to LANDOWNER.ys of <br /> C) In the event the LANDOWNER's Project is cancelled prior to the commencement <br /> Of the Preliminary Assessment work and removal of an remain* <br /> LANDOWNER a any segments of pipeline, <br /> gees to reimburse CHEVRON in accordance with this Section 2 fpr all <br /> costs incurred by CHEVRON or for which CHEVRON became obligated as of the date <br /> 2 <br />