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ASSIGNMENT FOR VALUE RECEIVED, the undersigned, __________________ K. R. Gillett It Rase ha F . Giilett and Vernon Lee and Ethel Lee__________ , hereby Sells, Transfers, and Assigns to Lee Construction Company, Inc.__________________________ _ _ all of its right, title and interest in and to refunds from revenue of the Las Vegas Valley Water District, Assignee of / Las Vegas Land and Water Company, to be made pursuant to Section 2, Article II, of that certain Agreement between the undersigned and the Las Vegas Land and Water Company, dated the 7th day of May______ , 19 53 , identified as ''N“ L« D. 2671_________ » and Las Vegas valley t e r ' D i s t r i c t , Assignee of the undersigned hereby expressly authorize" and requests the'Las Vegas Land and Water Company to make all payments required by said Section 2, Article II, of said Agreement to the Lee Construction Company, lac.______ , This Assignment is irrevocable except by mutual agreement by H. R. Gillett & R aschaF . Gillett the Vernon Lee 8s Ethel Lee and Lee Construction Company, Inc. and the revocation thereof as herein provided shall not be bmding'Upon the^ Las Vegas Valley Water District, Assignee of Valley water District /L a s Vegas Land and Water Company until said Las Vegas yJis given written notice of such revocation. Dated at Las Vegas, Nevada this 6th day of July ACCEPTED: LAS VEGAS VALLEY WATER DISTRICT BY________________________________ ___ The maximum amount payable under this assignment is $ 33, 593.54 said sum being computed as of April 1, 1954. y ^ / / ^