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19. Requests for Subsequent Lease Terms. Prior to entering into this Lease, the Lessor determined, based upon its present understanding of its current water supplies and the historical availability of water to its various sources of supply, that it will not need the water that is the subject of this Lease during the term of the Lease to supply the inhabitants or customers of the Lessor. The Parties to this Lease recognize, however, that the water supply for the Lessor and its water customers is dependent upon sources from which the supply is variable in quantity and beyond the control of the Lessor. 19.1. While it is the Lessor's purpose to maintain a water supply adequate to meet the needs of the Lessor's customers for water supply and to permit it to supply other temporary contract customers, there are many elements that make it uncertain whether the water supply can always be adequate for all such users. 20. Assignment. The Lessee agrees to not to sell, lease, give, sublease, assign, or otherwise provide any portion of the Lessor's Water Rights to any other person or entity without the express written consent of the Lessor. The Lessee shall not encumber or pledge the Lessor's Water Rights for any purpose. 21. Heirs, Successors and Assigns. The reservations, covenants and restrictions and the rights, duties and obligations stated and declared herein shall be binding upon and shall inure to the benefit of and shall be a burden upon the successors and assigns of the Parties and shall be enforced by each Party against any of the other Parties. 22. Notice: All notices to be given with respect to this Lease shall be in writing. Each notice may be sent by United States mail, first class postage prepaid, to the Party to be notified at the address set forth herein or at such other address as either Party may from time -to -time designate in writing, or sent to the email addresses provided by each parry. Every notice shall be deemed to have been given at the time it shall be deposited in the United States mail in the manner prescribed herein, or sent by email. Nothing herein shall be construed to preclude personal service of any notice in the manner prescribed for personal services of a summons or other legal process. All notices required to be given to the Lessor hereunder shall be delivered to: Cory Peterson Deputy Director of Utilities City of Louisville 749 Main Street Louisville, Colorado 80027 cpetersonna?louisvilleco.aov or at such other address as the Lessor may direct in accordance with this paragraph. All notices required to be given to the Lessee hereunder shall be delivered to: Jay and Kristen Schultz 355 Orion Circle Erie, CO 80516 Page 5 of 9