Management of nature preserve lease. 

By this lease dated _________, between The Nature Conservancy, as Lessor, and _________, as Lessee, the Lessor, for and in consideration of the covenants and agreements mentioned in this easement to be kept and performed by Lessee, has leased to Lessee the premises known and described in Schedule "A" attached to this easement and incorporated by reference. The term of the lease shall be from _________[date] through _________[date].

This lease shall be automatically renewed for additional terms of 5 years each, beginning on the day following the last day of the preceding term, upon and subject to all terms of this lease; provided, however, that either party may elect not to renew this lease by serving upon the other party a written notice of election not to renew, at least one year prior to the expiration of the then current term.

In consideration of the demise, and of the mutual covenants and undertakings expressed in this easement, the parties covenant and agree as follows:

1. Rent: Lessee shall pay as rent for the demised premises the sum of $_____ for _________[year]. Upon execution of this lease, Lessee shall pay $_____ to Lessor at _________. The balance due for _________[year] shall be paid to the Lessor no later than _________. Annual rent for _________[year] and annual rent for the future four years shall be management costs incurred by the Lessor and agreed to by the Lessee but in no event shall be less than $_____ and shall not exceed $_____. If the Lessee does not agree to pay the management costs incurred by the Lessor which are in excess of $_____, the Lessor may terminate this lease by giving the Lessee 90 days written notice and pro-rating the rent for that year. For each year after _________[year], $_____ rent shall be due on or before _________ and the balance due on or before _________.

2. The Lessee shall maintain the property, known as _________ Prairie, solely as a nature preserve for scientific, educational and aesthetic purposes. The Lessee shall keep the property entirely in its natural state, without any disturbance whatever of habitat or plant or animal populations, except as provided in the management plan described in Paragraph 3 of this agreement.

3. The Lessee shall manage _________ Prairie as directed by the Lessee's Plan for Management and Use approved by The Nature Conservancy on _________. The Plan for Management and Use developed by the Lessee and approved by the Lessor shall remain in effect for the period during which this lease is in effect. Any management treatment or use which is not consistent with or included in the approved Plan for Management and Use or the Annual Operating Plan, must be approved by the Conservancy in writing prior to implementation. In addition, an Annual Status Report for _________ is due in the _________ Office of The Nature Conservancy by December 1st of each year.

4. The Lessee shall submit to The Nature Conservancy for approval an Annual Operating Plan for the management and use of the _________ Prairie by January 15th of each year. The Annual Operating Plan shall contain specific objectives and programs for research, management and use of _________ Prairie.

5. A permanent sign shall be erected and maintained by the Lessee explaining the purpose, identifying The Nature Conservancy as the owner and the Lessee as the management entity.

6. The Lessee shall not assign this lease and shall not permit any transfer, by operation of law, of the interest in the premises acquired through this lease.

7. Lessee shall allow Lessor access to the premises.

8. If default be made in the payment of the above rent or in any of the covenants contained in this easement to be kept by Lessee, and default is not cured after 90 days' written notice from Lessor, Lessor may reenter the premises or any part of it, with or without process of law, and remove Lessee or anyone claiming under Lessee, without prejudice to Lessor's other remedies at law or in equity in the case.