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AGRICULTURAL:LEASE CAS <br /> THIS AGRICULTURAL LEASE(CASH)("Lease").is made and entered into this_ <br /> day of June,2003, by and between CLYDE E. BEFFA,JR., as to an undivided 25%interest, <br /> CHRISTINE°GLYNN, as to an undivided 25%o interest;BOREL PRIVATE BANK&T WST <br /> COMPANY,'as-Trustee of the LYDIA_BEFFA TRUST F/B/O CLYDE E.BEFFA JR.,as to an <br /> undivided:25%o interest, and BOREL PRIVATE BANK& TRUSPCOMPANY as;vT kdstee of <br /> the LYDIA'BEFFA TRUST-FIB/O CHRISTINE GLYNN, as to'an undivided 25%interest <br /> (collectively;"Lessor")-and DANNYROCHk an individual("Lessee.'}. <br /> 1. PREMISES: Lessor-hereby_leases.to=Lessee, and Lessee hereby leases froin I;e°ssor, alI <br /> ,of that,re Iain agricultural real property located in the County of.San Joaquin,='State of California, <br /> comprised ofaPproximately 47.73`acres more br less,aAd`pa hcularl described ori Exhibit"A <br /> Y' <br /> attached-hereto and as delineated on the Plat Map attached.hereto as Exhibit C,both of which are <br /> incorporatedherein by this reference(the "Premises"),together with all rights appurtenant to the <br /> Premisesto receive water,including all groundwater pumping credits or exchange pumping <br /> credits,permits, licenses,.entitlements,water.stock.and any other ownership interest in any water <br /> company.and all lights to receive-,irrig`'ation water on the Premises(the "Wateir:Rights");nand the <br /> improvements, if any;-described in Exhibit B attached hereto and incorporated herein by this <br /> reference(the "Improvements");..upon all'�of the�terms covenants and conclitions j"'conlii d in this <br /> Lease �Issor acid=Lessee acknowledge':that the`legal:description ofthe Premises attaches>as <br /> Exhibit W hereto was prepired'by Lessee: 'Lessor makes-no representations or warranties with <br /> respecttb 4he accuracy of such•legal description;or with respect to tl e'Pr&nises'eonst tizting'a <br /> law fullycre,ated parcel forpurposes"Of the-California Subdivision'Map Act and local.ordinances <br /> adoptedpursuant thereto; however, for purposes of this Lease:•and the Rent calculations set forth <br /> in Paragraph 3 below;the parties agree that the acreage shall't*deemed to-be.47.13 acres. <br /> Lessee has ymspected the'Premises=and agrees to'Accept the'same"as is wi o it any <br /> agreements,representations understandings or obligations on fihe.part'of Lessor�to Od&tm`any <br /> alterations,repairs or improvements�except as otherwise expressly provided:herein or-`any other <br /> separate agreenient:tha#may be signed by., e-,parties •Acceptance of possession ofth6'We wises <br /> by Lessee shall'constitute Lessee's''=acknowledgment that Lessee has had;an opportunity to make <br /> such inspection as Aide S.liresFand'that the Premises is in good'cand tion and,'suitalile or-Lessee's <br /> proposed <br /> use _.. AV <br /> If at any time during the Term of this Lease either Lessor or Lessee determines that a lot <br /> line-adjustment.is-required for purposes=of compliance'with the Subdivision Map'Act'ortsuch <br /> other,laws as'may be.applicable concerning the°Peen ises`' tatus-as- a legal:parcel;tlienYLessee <br /> shall`:b,responsible for all costs associated with'coinpletii g 4he-'lot line.adj ustnie rit;dincluding the <br /> cost of the.preparation 1,of;surveys: <br /> 2. TERM: The term of this Lease i(the"Term")shall,lie for a period of fifteen(15.).years; <br /> commencing on:or about July 1 2003 (the"t 6mmencement`Date"),and ending one b sidled <br /> eighty months-(180)after the Comr iencement,`Date.(the "E)(piration-Date"-),unless sooneir <br /> terminated or extended from time to time as provided herein: Following the execution and <br /> $387057.4 <br /> l; <br />