Page:United States Statutes at Large Volume 58 Part 2.djvu/468

 1388 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [58 STAT. work, including such marine and road transportation and construction equipment as is required to service the same, and any other buildings, equipment or supplies including all rights relating thereto which, not being required by the Government may be of use to the contractor in his proposed exploratory and development program. The Government agrees not to remove permanently from the Norman Area any of the above items without the consent of the contractor and to now deliver to the contractor all of such items as are not required for the contrac- tor's operations on the proven area and the contractor shall have the right to use the same from May 1, 1944, in his proposed exploratory and development program, paying therefor a rental equivalent to 5 Cents Canadian currency per barrel for each barrel of oil purchased by the Government under Article 4 hereof. All such property as can now be itemized and listed shall be now itemized and listed and attached as Appendix B to the proposed supplemental agreement. Further items can be added to said Appendix B from time to time by the Con- tracting Officer and the Project Manager and a final itemizing and list- ing of the property shall be made at the termination of the Contract No. W -412-eng-52 by the Contracting Officer and the Project Manager and attached to the proposed supplemental agreement as Appendix C. For the above property to be so transferred to and vested in the con- tractor, the contractor shall pay the Government the sum of $3,000,000 Canadian currency, said sum to be payable only out of the proceeds of oil delivered or deemed to be delivered to the Government under clause 6 hereof at the rate of 5 Cents Canadian currency per each barrel of oil so delivered or deemed to be delivered. 8. The original Contract No. W-412-eng-52 and the supplemental agreements Nos. 2 and 3 (all as amended pursuant hereto) shall terminate on the termination of hostilities in the present War or at the option of the Government at the expiry of such period not exceed- ing one year after the said termination of hostilities as the Govern- ment may desire, provided that in the latter case the Government shall give the contractor three months' prior written notice of such termi- nation. Except as may be modified by a supplemental agreement contem- plated by this Letter of Intent, the terms and conditions of your Con- tract No. W-4 12-eng-52 and supplemental agreements Nos. 2 and 3 shall remain in full force and effect. Kindly indicate on three copies hereof your acceptance of this Let- ter of Intent and return all executed copies to the Contracting Officer. Very truly yours, THE UNITED STATES OF AMERICA By -- O. P. EASTERWOOD, Jr. Major, Corps of Engineers, ContractingOfficer. ACCEPTD -- 1944 IMPERIAL OIL LIMITED By-. - -. . . - (Address) (Address)

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