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F. The Quarantine Program will provide DOA and CTAHR researchers a unique opportunity to study the epidemiology of papaya ring spot vi~~us, to evaluate each others' management measures, and implement technology developed and being developed by CTAHR and DOA to control papaya ring spot virus infestation. G. Lessee proposes to lease land from Lessor to implement the Quarantine Program. The Quarantine Program will establish a quarantine area of at least 1,000 acres within which area Lessee will license Portions of the Premises (defined below) to be planted by Permittees (defined below) selected by DOA with the assistance of the Papaya Administrative Committee ("PAC"). H. Lessee will require Permittees to plant papaya pursuant to the crop development plans and implement disease control measure to be promulgated by DOA. These measures include surrounding plantings of traditional varieties of papaya with planting of biologically engineered virus resistant (transgenic) papaya plants, the fruit from which trees may not be sold until final approval is granted by the U.S. Food & Drug Administration, the U.S. Environmental Protection Agency, and license agreements are reached with the holders of patents to market transgenic fruit. CTAHR will make available to Permittees seed for virus resistant transgenic papaya plants necessary to implement the Quarantine Program. I. Lessee and DOA do not have sufficient funds to initiate the leasing of land to implement the Quarantine Program and have requested a three year rent deferral from Lessor. Lessor desires to encourage Lessee's and DOA's efforts to prepare the land for planting by Permitees and to encourage the experimental Quarantine Program to control papaya ring spot virus infestation. Lessor is willing to defer rent payment for the first three Lease Years (defined below) of the Term in order to encourage implementation of the Quarantine Program, provided that upon termination or sooner expiration of the Lease, Lessee will, at Lessor's election, pay deferred rent to Lessor or expend deferred rent payments to implement further quarantine measures on Lessor's other lands on the island of Hawaii. J. Lessee, DOA, UH and the Research Corporation of the University of Hawaii ("RCUH") will enter into a memorandum of agreement (the "Memorandum of Agreement") to describe the respective responsibilities each party will assume and perform in order to implement the Quarantine Program. As a part of their cooperative effort, Lessee will designate RCUH as its fiscal agent ("Fiscal Agent") to serve as the collecting and disbursing agent for all funds, including permit fees and received by and provided by Lessee for the purposes of implementing the Quarantine Program. Acting as Fiscal Agent, RCUH will establish a special account (the "Special Account") into which account all such funds shall be deposited and from which account all such expenses, including rent, shall be paid. RCUH shall employ a leasing manager and all other property management employees. GLS 081997 12548.6 GLS 2002 064 2