Grantor hereby grants an extension of the nonexclusive franchise
held by Antietam for the purpose of constructing, operating, and maintaining
a cable television system within the present and future boundaries
of the Town. The grant shall be consistent with the 1991 Ordinance
referenced above and attached hereto as Exhibit 1. All of the provisions of the 1991 Ordinance, and all of
the rights, privileges, limitations, and obligations established thereunder,
are hereby adopted and applied to this extension.
The term of this franchise extension shall be for 15 years,
as measured from, and commencing on, the date hereof. This franchise
extension is subject to Antietam's acceptance and agreement within
30 days hereof and subject to any additional renewal periods.