Common use of Parcel 2 Clause in Contracts

Parcel 2. BEGINNING on a magnetic nail at the intersection of the easterly right-of-way line of ▇▇▇▇▇▇ Street and the southerly right-of-way line of ▇▇▇▇▇▇ Street; thence departing said magnetic nail and continuing with said right-of-way line of ▇▇▇▇▇▇ Street N65°04’29”E 187.50’ to an iron pin; thence N27°10’35”W 29.70’ to an iron pin in the southerly right-of-way line of Netherland Inn Road; thence departing said iron pin and continuing with said right-of-way line the following seven (7) calls: with a non-tangential curve to the left having a radius of 103.54’, an arc length of 38.67’, and a chord bearing and distance of N80°33’04”E 38.45’ to a point; thence N69°51’01”E 22.91’ to a point; thence with a tangential curve to the right having a radius of 37.38’, an arc length of 19.52’, and a chord bearing and distance of N84°48’31”E 19.30’ to a point; thence S80°14’00”E 7.25’ to a point; thence S70°09’31”E 14.50’ to a point; thence S72°34’05”E 34.25’ to a point; thence with a tangential curve to the right having a radius of 77.47’, an arc length of 22.53’, and a chord bearing and distance of S64°14’11”E 22.45’ to an iron pin at the intersection of the southerly right-of-way line of Netherland Inn Road and the southwesterly right-of- way line of Industry Drive; thence departing said iron pin and continuing with said right-of-way line of Industry Drive S41°16’18”E 577.03’ to a point in the center of ▇▇▇▇▇ Creek, said point being corner to Tax Map 045K, Group D, Parcel 053.00 and Tax Map 046P, Group F, Parcel 016.90; thence departing said point and continuing with the center of ▇▇▇▇▇ Creek and the divisional line between the aforementioned properties S40°36’42”W 168.65’ to a point, said point being corner to Tax Map 045K, Group D, Parcel 053.00, Tax Map 046P, Group F, Parcel 016.90, and Tax Map 046P, Group F, Parcel 017.00; thence departing the center of ▇▇▇▇▇ Creek and continuing along the boundary line of Tax Map 045K, Group D, Parcel 053.00 N28°39’18”W 38.65’ to a point near the southeasterly bank of ▇▇▇▇▇ Creek, said point being corner to Tax Map 045K, Group D, Parcel 047.00 and Tax Map 045K, Group D, Parcel 053.00; thence departing said point and continuing southwesterly with the meanders of ▇▇▇▇▇ Creek and the South Fork of the ▇▇▇▇▇▇▇ River (with a tie of S65°48’30”W 214.46’) to a point, said point being corner to Tax Map 045K, Group D, Parcel 043.00 and Tax Map 045K, Group D, Parcel 047.00; thence departing said point and continuing southwesterly with the meanders the South Fork of the ▇▇▇▇▇▇▇ River (with a tie of N80°59’43”W 108.32’) to a point in the easterly right-of-way line of ▇▇▇▇▇▇ Street; thence continuing with said right-of-way line N27°10’35”W 566.00’ to the POINT OF BEGINNING, containing +/- 5.55 acres. THIS TRANSFER AGREEMENT (this “Agreement”), effective as of , 2024 (the “Donation Date”), is by and between City of Kingsport, Tennessee a municipal corporation chartered under the laws of the State of Tennessee (“Donee”) and the BlueCross BlueShield of Tennessee Foundation, a Tennessee nonprofit corporation (“Donor”). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed thereto in that certain Donation Agreement, effective , 2024 (the “Donation Agreement”), by and between Donor and Donee.

Parcel 2. BEGINNING on a magnetic nail at the intersection of the easterly right-of-way line of ▇▇▇▇▇▇ Street and the southerly right-of-way line of ▇▇▇▇▇▇ Street; thence departing said magnetic nail and continuing with said right-of-way line of ▇▇▇▇▇▇ Street N65°04’29”E 187.50’ to an iron pin; thence N27°10’35”W 29.70’ to an iron pin in the southerly right-of-way line of Netherland Inn Road; thence departing said iron pin and continuing with said right-of-way line the following seven (7) calls: with a non-tangential curve to the left having a radius of 103.54’, an arc length of 38.67’, and a chord bearing and distance of N80°33’04”E 38.45’ to a point; thence N69°51’01”E 22.91’ to a point; thence with a tangential curve to the right having a radius of 37.38’, an arc length of 19.52’, and a chord bearing and distance of N84°48’31”E 19.30’ to a point; thence S80°14’00”E 7.25’ to a point; thence S70°09’31”E 14.50’ to a point; thence S72°34’05”E 34.25’ to a point; thence with a tangential curve to the right having a radius of 77.47’, an arc length of 22.53’, and a chord bearing and distance of S64°14’11”E 22.45’ to an iron pin at the intersection of the southerly right-of-way line of Netherland Inn Road and the southwesterly right-of- way line of Industry Drive; thence departing said iron pin and continuing with said right-of-way line of Industry Drive S41°16’18”E 577.03’ to a point in the center of ▇▇▇▇▇ Creek, said point being corner to Tax Map 045K, Group D, Parcel 053.00 and Tax Map 046P, Group F, Parcel 016.90; thence departing said point and continuing with the center of ▇▇▇▇▇ Creek and the divisional line between the aforementioned properties S40°36’42”W 168.65’ to a point, said point being corner to Tax Map 045K, Group D, Parcel 053.00, Tax Map 046P, Group F, Parcel 016.90, and Tax Map 046P, Group F, Parcel 017.00; thence departing the center of ▇▇▇▇▇ Creek and continuing along the boundary line of Tax Map 045K, Group D, Parcel 053.00 N28°39’18”W 38.65’ to a point near the southeasterly bank of ▇▇▇▇▇ Creek, said point being corner to Tax Map 045K, Group D, Parcel 047.00 and Tax Map 045K, Group D, Parcel 053.00; thence departing said point and continuing southwesterly with the meanders of ▇▇▇▇▇ Creek and the South Fork of the ▇▇▇▇▇▇▇ River (with a tie of S65°48’30”W 214.46’) to a point, said point being corner to Tax Map 045K, Group D, Parcel 043.00 and Tax Map 045K, Group D, Parcel 047.00; thence departing said point and continuing southwesterly with the meanders the South Fork of the ▇▇▇▇▇▇▇ River (with a tie of N80°59’43”W 108.32’) to a point in the easterly right-of-way line of ▇▇▇▇▇▇ Street; thence continuing with said right-of-way line N27°10’35”W 566.00’ to the POINT OF BEGINNING, containing +/- 5.55 acres. THIS TRANSFER AGREEMENT (this “Agreement”), effective as of , 2024 (Kingsport Parks and Recreation provides year-round comprehensive recreation services for the “Donation Date”), is by and between City of Kingsport, Tennessee a municipal corporation chartered under the laws of the State of Tennessee (“Donee”) and regional community. Potential programs at the BlueCross BlueShield HealthyPlace at Kingsport Riverwalk Park encompass a diverse range of Tennessee Foundationactivities, a Tennessee nonprofit corporation (“Donor”)including outdoor yoga, healthy expos, homeschool PE, family fun day, pickleball, basketball, photography, outdoor movies, and birding. Capitalized terms used but not otherwise defined herein shall have The proposed features of Riverwalk Park, such as the meanings ascribed thereto water play area, open greenspace, exercise equipment, sports courts, and playgrounds will cater to individual explorations and family activities. Moreover, the proposed Kayak launch/pier will provide access to the waterway opening up new avenues for recreational programming focused on water sports like kayaking, canoeing, stand-up paddleboarding, tubing, and fishing, as well as opportunities for environmental education. This emphasis on outdoor programming aligns with the goals outlined in that certain Donation Agreement, effective , 2024 (the “Donation Agreement”), by Kingsport Parks and between Donor and DoneeRecreation Master Plan.