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V <br />A G R E E M E N T <br />THIS AGREEMENT, made and entered into this 21st day <br />of June, 1988 at Los Altos Hills , by and <br />between the City of Los Altos Hills, a municipal corporation of the <br />State of California, ("Grantor"), and Sun Country Cable Inc. <br />("Grantee"). <br />W I T N E S S E T H <br />WHEREAS, the City of Los Altos Hills, pursuant to Ordinance <br />No. 323 , is authorized to grant one or more non-exclusive revocable <br />franchises to operate, construct, maintain and reconstruct a cable <br />television system within the City; and <br />WHEREAS, the City has received applications for a cable <br />television franchise,and after due evaluation of the applications <br />received, and after public hearings, the City has determined that it <br />is in the best interest of the City and its residents to grant a <br />franchise to Sun Country Cable, Inc. <br />NOW, THEREFORE, the City (herein also known as the Grantor) <br />hereby grants to Sun Country Cable, Inc., (hereinafter the Grantee) a <br />cable television franchise in accordance with the provisions of <br />Ordinance No. 324 , and this Agreement. <br />-1- <br />