R98-90 ACCEPTING THE Firestone Bid Bus Tire Lease

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.; ` • . -5- ' The foregoing notwithstanding, Operator may upon 30 days written notice �i via CERTIFIED MAIL prior to the expiration date of this Agreement, and , all addenda, elect to continue using ("run out") all the tires in � Operator's possession at the rate or rates in effect during the six ' months prior to termination until permanently removed from service, but I in no event shall such period exceed thirty-six months after the normal i termination date. Durin said thirt -six month eriod 0 erator shall to � i g Y P � P I the extent practicable, continuously use such tires on its highest � � mileage runs until they are rendered permanently unfit for service. II During said run out period all terms and conditions of this Agreement shall continue in effect; provided, however, that Firestone shall not be obligated to furnish any service to Operator or to furnish replacement � tires for those tires removed from service. At the expiration of said 'i ' run out period, Operator shall pay for remaining original tread tires and I for tubes at the price and in the manner set forth above. Any payment 'I for tires and tubes required to be purchased by Operator under this I Paragraph 10 or any other provision of this Agreement shall be made , within thirty days after date of invoice covering purchase thereof. � Operator will acquire each such used tire as is, and Firestone makes no I warranties as to the condition or fitness for continued use of such il tires. � 11. TITLE--The title to, and ownership of, all tires, and equipment, if any, furnished under this Agreement shall remain in Firestone until Operator, if required to do so hereunder, has made complete payment therefor. Operator agrees to assume the responsibility for the safekeeping of all such tires and any equipment, and to reimburse Firestone for any loss resulting from Operator's failure to safely keep such tires and any equipment. 12. SECURITY INTERESTS--For the purpose of securing payment of all sums that may be owed by Operator to Firestone, including but not limited to payment for mileage run and for any tires required to be purchased by Operator hereunder, Operator hereby grants to Firestone a security interest in and to any tires or equipment furnished by Firestone in which Operator, by virtue of present or future laws or the operation of this Agreement, has or is deemed to have an interest, wherever the same may be, and in any proceeds from the sale or other disposition of said tires or equipment. Operator further agrees to join in the execution, execute, or cause to be executed at any time such Financing Statements, Continuation Statements, and other documents as Firestone shall deem necessary or advisable to protect its rights in and to any goods leased hereunder and/or perfect or continue perfected the security interest given in this Agreement. 13. ASSIGNMENT--Operator shall not sell, transfer, sublease or assign any of its rights or interest under this Agreement, in whole or in part, to any other person, corporation, partnership or authority, without the prior written consent of Firestone, which consent shall not be unreasonably withheld. In the event of any such sale, transfer, sublease or assignment with Firestone's consent, Operator shall remain fully bound by the terms hereof, including but not limited to the prompt payment for all mileages run, unless and until Operator is relieved of such obligations in writing by an officer of Firestone.