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RECEIVED
LINOOLN COUNTY CLERK
Zn consideration of an Agreement to ?urchase "Big
D Storage" it is hereby agreed, by and between the parties
hereto, that the following constitutes an Addendum to that
certain Covenant Not to Compete contained in that certain
Agreement of Sale by and between Ronald D. Hartley and
Claudia B. Hartley, Sellers; and George Lynn Backus and
Sharon Lee Backus, Buyers:
"(a) Seller and its successors and assigns, hereby
agree that for a period of five (5) years Seller will not,
within a one hundred mile radius of Thayne, Wyoming,
compete with the BuYer, directly or indirectly, in the
business of leasing storage units or related activities.
This covenant not to compete shall preclude Seller from
competing with Buyer in above described activities as an
owner, partner, employee, agent, consultant, or otherwise,
without the prior written consent of the Buyer. If this
covenant not to compete shall be breached by Seller at any
time during the five (5) year period, then Buyer shall be
entitled to all legal and equitable remedies provided by
law, including, but not limited to, the right to an
injunction. Buyer and Seller agree that it would be
difficult or impossible to determine the exact amount of
legal damages which would be incurred by Buyer as a result
of the breach of the covenant not to Compete. Accordingly,
Buyer and Seller agree that, in the event of the breach of
this covenant not to compete, Buyer may, at Buyer's option,
be entitled to the equitable relief of an injunction.
RONALD D. HARTLEY and CLAUDIA B. HARTLEY, Sellers,. join mn
the covenant not to compete according to its terms.
"(b) If at any time during the duration of the said
Covenant not to Compete, George Lynn and Sharon Lee Backus
discontinues the operation of the 'Big D" Storage business
at 101788 U. S. Highway 89, Lincoln County, Wyoming; then
in that event the Said covenant Not to Compete shall be
null and void and of no fUrther force and effect
whatsoever."
Dated this Day of , 2003,
Claudia B. ~rtley 7
g Lynn Backus
Sharon L. Backus
sUSCRIBED AND SWORN to me this /~ day of ~.~ , 2003.
Residing at ~~ Wyoming
My Commission Expires