Exhibit 10.48
Recording Requested By:
When Recorded Mail To:
Name: ARCO Products Company
Attn: Xxxxxx Xxxxxx
Street: 0 Xxxxxxxxxxxx Xxxxx
City: La Palma
State: California 90623-1066
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MEMORANDUM OF CONTRACT DEALER GASOLINE AGREEMENT
Facility: 82065
THIS MEMORANDUM OF CONTRACT. DEALER GASOLINE AGREEMENT, dated Sept. 2,
1999, is executed by and between LLO-Gas, Inc. ("Franchisee") located at 0000
Xxxxxxxxxx Xxx.. Bakersfield, California 93309, and ARCO Products Company, a
division of Atlantic Richfield Company, a Delaware corporation, with offices at
0000 Xxxx Xxxxxxx Xxxxxx (P.O. Box 2570) in Los Angeles, California 90051-0570
("ARCO).
In return for valuable consideration, Franchisee has granted to ARCO a
right of first refusal to all of Franchisee's interest, whether fee or
leasehold, in the land situated at the street address of 0000 Xxxxxxxxxx Xxx..,
xx xxx xxxx xx Xxxxxxxxxxx, in the state of California, and more specifically
described in Exhibit "A" attached, and all improvements thereon.
The terms of ARCO's right of first refusal are more fully set forth in
that certain Contract Dealer Gasoline Agreement between the parties hereto,
dated, Sept. 2, 1999, and this Memorandum of Contract Dealer Gasoline Agreement
is subject to all the covenants, conditions and terms set forth in that
Agreement, which is hereby adopted herein and made a part hereof as if all the
covenants, conditions and terms thereof were included in full herein.
IN WITNESS WHEREOF, the parties hereto have executed this Memorandum of
Contract Dealer Gasoline Agreement as of the date first written above.
Franchisee: LLO-Gas, lnc.
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By: /s/ Xxxx Xxxxxxxxxxx
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ARCO PRODUCTS COMPANY
a division of Atlantic Richfield Company
By: /s/ Xxxxxx Xxxxxxx
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Xxxxxx Xxxxxxx, Manager
Franchise Administration
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
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State of California
County of Orange
On 9/2/99 before me, Xxxxxx Xxxxxxx, Notary Public
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Date Name, Title of Officer - E.G., "XXXX XXX, NOTARY PUBLIC
personally appeared Xxxx Xxxxxxxxxxx and Xxxxxx Xxxxxxx
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|X| personally known to me - OR - proved to me on the basis of satisfactory
evidence to be the person(s) whose names)
[S E A L] are subscribed to the within instrument
and acknowledged to me that they executed
the same in their authorized
capacity(ies), and that by their
signatures(s) on the instrument the
person(s), or the entity upon behalf of
which the person(s) acted, executed the
instruments.
WITNESS my hand and official seal.
/s/ Xxxxxx Xxxxxxx
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SIGNATURE OF NOTARY
OPTIONAL
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Though the data is not required by law, it may prove valuable to persons relying
on the document and could prevent fraudulent reattachment of this form
|_| INDIVIDUAL
|X| CORPORATE OFFICER
President/Manager Memorandum of CDGA #820
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TITLE OR TYPE OF DOCUMENTS
|_| PARTNERS |_| LIMITED
|_| GENERAL 1
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NUMBER OF PAGES
|_| ATTORNEY-IN-FACT
|_| TRUSTEE(S)
|_| GUARDIAN/CONSERVATOR
|_| OTHER: 9/2/99
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SIGNER IS REPRESENTING:
NAME OF PERSON(S) OR ENTITY(IES)
LLO-Gas, Inc. None
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SIGNER(S) OTHER THAN NAMED ABOVE
ARCO PRODUCTS CO.
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