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UTILITY POLE AGREEMENT <br /> This agreement is made this ____ day of ___________________, 20____, by and <br />between Elk River Municipal Utilities <br /> Whereas ERMU is the owner of used utility poles; and <br /> <br /> Whereas Buyer desires to acquire from ERMU______________________used utility <br />poles; <br /> Whereas, as a condition to the transfer of said utility poles to Buyer, ERMU requires <br />Buyer to execute this Agreement. <br /> NOW, THEREFORE, in consideration of the foregoing and other valuable consideration, <br />the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: <br />1.- BUYER HEREBY <br />ACKNOWLEDGES AND AGREES THAT BUYER HAS HAD AMPLE <br />OPPORTUNITY TO INSPECT AND EVALUATE THE PHYSICAL <br />CHARACTERISTICS OF THE USED UTILILTY POLES, AND HAS INDEPENDTLY <br />DETERMINED THE POLE(S) IS ACCEPTABLE IN ALL RESPECTS TO BUYER. <br />BUYER FURTHER ACKNOWLEDGES AND AGREES BUYER IS ACCEPTING <br />--IS <br />WITHOUT RELYING UPON AN REPRESENTATIO OR WARRANTIES WITH <br />RESPECT TO THE POLES MADE BY ERMU, ITS AGENTS, EMPLOYEES, OR <br />INDEPENDENT CONTRACTORS, ORAL OR WRITTEN, EXPRESS OR IMPLIED. <br />BUYER ACKNOWLEDGES THAT ERMU HAS MADE NO EXPRESS OR IMPLIED <br />REPRESENTATIONS OR WARRANTIES WITH RESPECT TO THE USED UTILITY <br />POLES OR ANY CONDITION THEREOF. <br />2.IDEMNIFICATION. Buyer hereby agrees to defend, indemnify and hold <br />harmless ERMU, against any and all claims, demands, damages, cost and expenses, <br />including <br />transporting, and use of the used utility poles including any and all costs associated with <br />the use, handling, storage, release or disposal of any Hazardous Substances. <br />3.USE. Buyer warrants and represents that Buyer will not burn or erect the used utility <br />pole. <br />4.ENTIRE AGREEMENT. This Agreement contains the entire understanding between <br />the parties with respect to the purchase and use of the used utility poles by the Buyer and <br />supersedes all prior agreements and understandings between the parties with respect to <br />such purchase. <br />64 <br />