In consideration of the continuing faithful performance
and observance of the conditions, reservations, and agreements hereinafter
contained, the right is hereby granted to PCOM Communications Company
(hereinafter referred to as "PCOM"), a Pennsylvania corporation, its
successors and assigns, for a period of 10 years from the date hereof,
to erect, maintain and operate equipment and facilities for reception,
transmission and distribution of radio and television signals and
audio, visual, electric or electronic signals or impulses by any feasible
equipment within the City of New Kensington, Westmoreland County,
Pennsylvania (hereinafter referred to as "New Kensington"), and any
extension or expansion thereof, and to locate, construct, renew, maintain,
replace and operate the facilities required therefor, in, on, under,
over, along, across, and upon the streets, sidewalks, alleys, bridges,
highways and other public ways or places in New Kensington, at the
expiration of 10 years, this franchise shall continue, consistent
with applicable law. These rights shall be exercised in accordance
with the laws of the United States of America, of the Commonwealth
of Pennsylvania, and the ordinances, rules and regulations as shall
be established from time to time by New Kensington, as well as, conformity
with rights presently enjoyed by such utilities as the same now exist
in New Kensington.