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- 1 - PERPETUAL AERIAL EASEMENT ACQUISITION AGREEMENT ...

- 1 - PERPETUAL AERIAL EASEMENT ACQUISITION AGREEMENT ...

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Exhibit 2Page 21 of 55Grantor further agrees that said Perpetual Aerial Easement shall further have as its purpose theprohibition of intrusion into, encroachments upon and obstructions into the Easement Property,except for the Runway Bridge Structures. Grantor agrees that it shall not permit buildings,structures, facilities, improvements, vegetation or other objects to be located,constructed or remain within the Easement Property, now or in the future, other than theRunway Bridge Structures (unless otherwise agreed to in writing by the Grantee.) ThisEasement hereby grants to the Grantee the continuing right to prevent the erection or intrusionor encroachment of any building or other structure, tree, facility or vegetation, or any otherobject, whether natural or man-made that might now or in the future, extend into the airspace ofthe Easement Property, or encroach upon the Runway Bridge Structures, or in any mannerencroach upon the Easement Property (unless otherwise agreed to in writing by the Grantee).Subject to the provisions hereof, this Easement also grants to the Grantee the continuing rightto prevent any facility or activity (including, but not limited to, glaring lights or electronicinterference) on the Grantor's Rail Corridor Property that might interfere with the safe operationof aircraft using said Easement Property or taking off or landing at the Airport, unless suchactivity is necessary for the safe and efficient operation of the railroad, or the Grantee otherwiseagrees to such activity or facility pursuant to the Railroad-County Agreement. Grantor, for itself,and for its successors and assigns, does hereby covenant and agree that it will not conduct orpermit on or within the Grantor's Rail Corridor Property any facility or activity (including, but notlimited to, glaring lights or electronic interference) that might interfere with safe operation ofaircraft using said Easement Property or taking off or landing at the Airport, unless such activityis necessary for the safe and efficient operation of the railroad, or the Grantee otherwise agreesto such activity or facility pursuant to the Railroad-County Agreement. If any such facility oractivity is necessary for the safe and efficient operation of the railroad, then prior to commencingany such activity or facility installation: (i) a notice describing such proposed facility or activityshall be filed with the Federal Aviation Administration, or successor agency ("FAA") under 14CFR Part 77, as it may be amended from time to time, and also a notice of such activity orfacility installation shall, if required, be filed with the Federal Railroad Administration, orsuccessor governmental agency, and (ii) a copy of the foregoing notice(s) shall be provided tothe Grantee. If the FAA issues a written determination that the facility or activity is a hazard toair navigation (hereafter referred to as a "Hazard Determination"), then the Grantor shall notproceed with any such planned activity or facility installation, and the Grantor shall not allow orpermit on or within the Grantor's Rail Corridor Property any such facility or activity. If the FAAprovides a "No Hazard Determination" (as hereafter defined), the Grantor may proceed withsuch facility or activity following the end of any period established in the No HazardDetermination that allows for petition by interested parties. Either of the following determinationsby the FAA shall be deemed a "No Hazard Determination": (a) the FAA declares in writing that itdeclines to initiate a study of the planned facility or activity, or (b) the FAA determines in writingthat the planned facility or activity does not constitute a hazard to air navigation. The GrantorEXHIBIT "B"Page 2 of 3

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