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midnight, Eastern Standard Time on December 31, 2025; and <br />(iv) The Fourth Management Agreement Renewal Period shall commence at <br />12:01 a.m., Eastern Standard Time on January 1, 2026 and shall end at 12:00 <br />midnight, Eastern Standard Time on December 31, 2030, and <br />(v) The Fifth Management Agreement Renewal Period shall commence at <br />12:01 a.m., Eastern Standard Time on January 1, 2031 and shall -end at 12,00 <br />midnight, Eastern Standard Time on December 31, 2035; and <br />(vi) The Six Management Agreement Renewal Period shall commence at <br />12:01 a.m., Eastern Standard Time on January 1, 2036 and shall end at 12:00 " <br />midnight, Eastern Standard Time on December 31, 2040. <br />All of the terms and conditions of the Management Agreement shall continue in full force <br />and effect during each of the Renewal Periods except that the number. of remaining Renewal <br />Periods permitted under the terms of the Management Agreement shall be reduced by one (1) <br />upon expiration of each Renewal Period for which SNM has exercised its option. <br />S'YM shall deliver written notice to City -of its election to exercise its option to renew the <br />Management Agreement no less than one hundred eighty (180) days before the Management <br />Agreement Expiration Date defined above or the expiration of the relevant Management <br />Agreement Renewal Period; failing which SNM's right to renew for any of the subsequent <br />Management Agreement Renewal Periods sha11 be null and void. <br />Article III.S. Maintenance of the Musewax. <br />Consistent with Article II.5 of the Lease, City shall make available to SNM the facility at <br />201 South Chapin Street, South Bend, Tndiana for operation as a museum for the purposes <br />described herein, during the Term of the Management Agreement, all in accordance with the <br />LEASE&MGMTAGMT V7FINAL_050809 29 <br />