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OFFER OF IRREVOCABLE DEDICATION - SEWER LINES This Offer of Irrevocable Dedication (hereinafter the Agreement ) is by and between GREEN STREET, LLC, a Vermont limited liability company with a principal place of business in Hinesburg, in the County of Chittenden, and State of Vermont, (hereinafter the Owner ), and the TOWN OF HINESBURG, a Vermont municipality located in the County of Chittenden, and State of Vermont, (hereinafter the Town ). In consideration of Ten Dollars ($10.00) paid by the Town to the Owner and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, it is covenanted and agreed as follows: 1. The Owner herein delivers to the Town a deed of conveyance for the sewer main lines, the descriptive portions of which are attached hereto as Exhibit A, said delivery constituting a formal Offer of Irrevocable Dedication to the Town, to be held by the Town until the acceptance or rejection of such Offer of Irrevocable Dedication by the Town (hereinafter the "improvements"). 2. Owner agrees that such formal Offer of Irrevocable Dedication is irrevocable and can be accepted by the Town at any time. 3. The execution and delivery of this Offer of Irrevocable Dedication shall impose no obligation by the Town to accept such Offer of Irrevocable Dedication. 4. This Offer of Irrevocable Dedication shall run with the land and be binding upon the Owner and the Town and their respective successors and assigns. 5. By the acceptance and recording of this Offer of Irrevocable Dedication - Sewer Lines, the Town of Hinesburg acknowledges that this Offer of Irrevocable Dedication - Sewer Lines supersedes and replaces the Offer of Irrevocable Dedication - Sewer Lines dated October 1, 2007, and of record in Book 194, Pages 631-635 of the Town of Hinesburg Land Records. IN WITNESS WHEREOF, we hereunto set our hands and seals this day of, 2015. IN PRESENCE OF: GREEN STREET, LLC WITNESS By: Duly Authorized Agent

STATE OF VERMONT CHITTENDEN COUNTY, SS. At Hinesburg, in said County, this day of, 2015, personally appeared, Duly Authorized Agent of GREEN STREET, LLC, who acknowledged the foregoing instrument, by sealed and subscribed, to be free act and deed, and the free act and deed of GREEN STREET, LLC. Before me: Notary Public My commission expires: 2/10/2019

EXHIBIT A Being an easement and right of way 20 feet in width for the purpose of laying, maintaining, repairing and replacing an underground sewer line in the area depicted as Proposed Relocation of a Portion of the Existing 20 Wide Sewer Easement to the Town of Hinesburg on a plat of survey entitled: Lands of Green Street, LLC & Robert S. Bast & Laura Carlsmith, Trustees of the Laura Carlsmith Revocable Trust, Route 116 & Charlotte Road, Hinesburg, Vermont, Sheet 1 of 2 and Sheet 2 of 2, prepared by Lamoureux & Dickinson Consulting Engineers, Inc., dated June 23, 2014, last revised September 26, 2014 (Sheet 1) and October 24, 2014 (Sheet 2) and recorded in Map Slides of the Town of Hinesburg Land Records.

EASEMENT DEED-SEWER LINE KNOW ALL PERSONS BY THESE PRESENTS, that GREEN STREET, LLC, a Vermont limited liability company with its principal place of business in Hinesburg, County of Chittenden and State of Vermont ( Grantor ), in consideration of Ten and More Dollars, and other valuable consideration, the receipt and satisfaction of which are hereby acknowledged, to it paid by the TOWN OF HINESBURG, a municipality located in Chittenden County, Vermont ( Grantee ), hereby GIVES, GRANTS, SELLS, CONVEYS and CONFIRMS unto the said Grantee, TOWN OF HINESBURG, and its successors and assigns, a perpetual sewer easement, on and through its property in the Town of Hinesburg, County of Chittenden and State of Vermont (the Easement ), described as follows, viz: Being an easement and right of way 20 feet in width for the purpose of laying, maintaining, repairing and replacing an underground sewer line in the area depicted as Proposed Relocation of a Portion of the Existing 20 Wide Sewer Easement to the Town of Hinesburg on a plat of survey entitled: Lands of Green Street, LLC & Robert S. Bast & Laura Carlsmith, Trustees of the Laura Carlsmith Revocable Trust, Route 116 & Charlotte Road, Hinesburg, Vermont, Sheet 1 of 2 and Sheet 2 of 2, prepared by Lamoureux & Dickinson Consulting Engineers, Inc., dated June 23, 2014, last revised September 26, 2014 (Sheet 1) and October 24, 2014 (Sheet 2) and recorded in Map Slides of the Town of Hinesburg Land Records (the Plat ). The Easement is conveyed to Grantee for use for municipal sewer line purposes. This Deed shall act as a bill of sale and does hereby convey all improvements located on, over and under the Easement, including but not limited to all pipes, lines, mains and related appurtenances; provided, however, that Grantor reserves for itself and its successors and assigns, the right to connect to such conveyed lines and mains for the development of its subdivision, as more particularly shown on the Plat. By acceptance and recording of this Easement Deed, Grantee acknowledges that it has received the necessary as-built certifications and test results, and has performed the investigations it deems necessary to accept the above-mentioned improvements in their as is - where is condition. The Easement is located within a portion of the same lands and premises conveyed to Green Street, LLC by Warranty Deed of Andrew E. Devost dated January 18, 2005 and recorded in Volume 176 at Page 609 of the Town of Hinesburg Land Records. The Easement is also subject to: (a) Town of Hinesburg Development Review Board Findings of Fact, Conclusions of Law and Order dated October 21, 2014; (b) Wastewater System and Potable Water Supply Permit #WW-4-2670 dated January 31, 2007 recorded in Volume 190 at Pages 448 of the Town of Hinesburg Land Records, as amended; (c) Land Use Permit #4C0854-1 dated June 1, 2007 and recorded in Volume 192 at Page 176 of the Town of Hinesburg Land Records, as amended; and (d) all easements and rights of way of record, not meaning to reinstate any claims barred by operation of the Vermont Marketable Record Title Act, 27 V.S.A. 601-611, both inclusive. Reference is hereby made to the above-mentioned Plat and deeds and the records thereof, and the references therein made all in further aid of this description. TO HAVE AND TO HOLD the said granted Easement, with all the privileges and appurtenances thereto, to the Grantee, TOWN OF HINESBURG, and its successors and assigns, to its

own use and behoof forever; and Grantor, GREEN STREET, LLC, for itself and its successors and assigns, covenants with Grantee, and its successors and assigns, that until the ensealing of these presents, Grantor is the sole owner of the Easement, and has good right and title to convey the same in the manner aforesaid, that the said Easement is FREE FROM EVERY ENCUMBRANCE, except as aforementioned; and it hereby engages to WARRANT and DEFEND the same against all lawful claims whatever, except as aforementioned. IN WITNESS WHEREOF, GREEN STREET, LLC has executed this Easement Deed by its Duly Authorized Agent this day of, 2015. GREEN STREET, LLC By: Duly Authorized Agent STATE OF VERMONT CHITTENDEN COUNTY, SS. At, Vermont this day of, 2015, personally appeared, Duly Authorized Agent of GREEN STREET, LLC, to me known, and he/she acknowledged this instrument by him/her signed and sealed, to be his/her free act and deed and the free act and deed of GREEN STREET, LLC. Before me, Notary Public Notary Commission issued in Chittenden County My commission expires: 2/10/19 <1001383v1/JOP> -2-

VERMONT Property Transfer Tax Return A. SELLER S (TRANSFEROR S) INFORMATION BLACK OUT ON TOWN COPY ONLY Entity SELLER #1 Name Entity SELLER #1 Federal ID number GREEN STREET, LLC Form PT-172 TOTAL number of SELLERS 1 If more than 2, attach Form 172-S. Individual SELLER #1 Social Security Number * 1 3 1 7 2 1 1 0 1 * Individual SELLER #2 Social Security Number Individual SELLER #1 Last Name First Name Initial Entity SELLER #1 or Individual SELLER #1 Mailing Address Following Transfer (Number and Street or Road Name) 187 WINDROW LANE State Zip Code HINESBURG VT 05461 Individual SELLER #2 Last Name First Name Initial Individual SELLER #2 Mailing Address Following Transfer (Number and Street or Road Name) State Zip Code B. BUYER S (TRANSFEREE S) INFORMATION BLACK OUT ON TOWN COPY ONLY Entity BUYER #1 Name Entity BUYER #1 Federal ID number TOWN OF HINESBURG TOTAL number of BUYERS 1 If more than 2, attach Form 172-B. Individual BUYER #1 Social Security Number INTERNATIONAL address checkbox Individual BUYER #2 Social Security Number Individual BUYER #1 Last Name First Name Initial Entity BUYER #1 or Individual BUYER #1 Mailing Address Following Transfer (Number and Street or Road Name) 10632 VT ROUTE 116 State Zip Code HINESBURG VT 05461 Individual BUYER #2 Last Name First Name Initial Individual BUYER #2 Mailing Address Following Transfer (Number and Street or Road Name) State Zip Code For Town Use Only 1039 Form PT-172, Page 1 of 4 Rev. 08/13

TOWN OF HINESBURG Buyer #1 or Entity SSN or FID Property Location Date of Closing SEWER LINE, GREEN STREET, HINESBURG * 1 3 1 7 2 1 2 0 1 * C. PROPERTY LOCATION Number and Street or Road Name D. F. H. I. J. K. M. P. S. T. SEWER LINE, GREEN STREET COMMUNITY HINESBURG DATE OF CLOSING 1039 M M D D Y Y Y Y LAND SIZE (Acres or fraction thereof) E. INTEREST IN PROPERTY - Write the number from the list 1. Fee Simple 2. Life Estate SPECIAL FACTORS 3. Undivided 1/2 Interest 4. Undivided % Interest TYPE OF BUILDING CONSTRUCTION AT THE TIME OF TRANSFER (Check all that apply) 1. None 2. Factory 3. Single Family Dwelling 4. Seasonal Dwelling SELLER S USE OF PROPERTY BEFORE TRANSFER (Enter number from list) G. Check if property was rented BEFORE transfer BUYER S USE OF PROPERTY AFTER TRANSFER 9 (Enter number from list) Check if property will be rented AFTER transfer 5. Farm Buildings 6. Multi-Family with Dwelling Units Transferred 7. Mobile Home 8. Condominium with Units Transferred 1. Primary Residence 2. Open Land 3. Secondary Residence For Town Use Only 4. Timberland 5. Operating Farm 6. Government Use 5. Time-Share 6. Lease If 4, enter % Interest here 7. Easement/Row 8. Other 9. Store 10. Residential New Construction 11. Other SEWER LINE 7. Commercial 8. Industrial 9. Other Check if property was purchased by tenant Check if buyer holds title to any adjoining property AGRICULTURAL/MANAGED FOREST LAND USE VALUE PROGRAM, 32 V.S.A. Chapter 124 L. If transfer is exempt from Property Transfer 1. Check if property being conveyed is subject to a land use change tax lien Tax, cite exemption number from instructions and complete Sections M, N, and O below. 2. Check if new owner elects to continue enrollment of eligible property TRANSFER TO MUNICIPALITY TOTAL Price Paid Value of purchaser s principal residence included in Line O for special tax rate (See instructions) DATE SELLER ACQUIRED 1. Primary Residence 2. Open Land 3. Secondary Residence PROPERTY TRANSFER TAX DUE from rate schedule on page 3 of this form. COMPLETE RATE SCHEDULE FOR ALL TRANSFERS. Make checks payable to VERMONT DEPARTMENT OF TAXES 4. Timberland 5. Operating Farm 6. Government Use 7. Commercial 8. Industrial 9. Other N. Price paid for Personal Property O. Price paid for Real Property... State type of Personal Property If price paid for Real Property is less than fair market value, please explain M M D D Y Y Y Y. ± 9 Q.... U. FINANCING: If sale was between family members, enter number from list below 1. Husband/Wife 2. Parent/Child 3. Grandparent/Grandchild 4. Other For transfers prior to July 1, 2011, fair market value of property enrolled in current use program included in Line O for special tax rate For transfers prior to July 1, 2011, fair market value of qualified working farm included in Line O for special tax rate IF A VERMONT LAND GAINS TAX RETURN IS NOT BEING FILED, cite exemption(s) from instructions on page 5 of this booklet R. VT Check if development rights have been conveyed Conventional/Bank Owner Financing Other 1 X. SEWER LINE SEWER LINE 0 00 0 00 01 18 2005 01 02. 02 0 00 % Form PT-172, Page 2 of 4 Rev. 08/13

TOWN OF HINESBURG Buyer #1 or Entity SSN or FID Property Location Date of Closing SEWER LINE, GREEN STREET, HINESBURG * 1 3 1 7 2 1 3 0 1 * RATE SCHEDULE Tax on Special Rate Property 1. Value of purchaser s principal residence. Also enter on Line P. (See instructions)... 1. 2. For transfers prior to July 1, 2011, value of property enrolled in current use program. Also enter on Line Q.... 2. 3. For transfers prior to July 1, 2011, value of qualified working farm. Also enter on Line R.... 3. 4. Add Lines 1, 2, and 3... 4. 5. Tax rate... 5. 0.005 6. Tax due on Special Rate Property (Multiply Line 4 by Line 5)... 6. Tax on General Rate Property 7. Enter amount from Line O on page 2 of this form... 7. 0.00 8. Enter amount from Line 4 above... 8. 9. Subtract Line 8 from Line 7...... 9. 0.00 10. Tax rate... 10. 0.0125 11. Tax due on General Rate Property (Multiply Line 9 by Line 10)... 11. 0.00 TOTAL TAX DUE 12. Add Line 6 and Line 11. Enter here and on Line S on page 2 of this form.... 12. 0.00 LOCAL AND STATE PERMITS AND ACT 250 NOTICE The parties are hereby given notice that: The property being transferred may be subject to regulations governing potable water supplies and wastewater systems under 10 V.S.A. chapter 64 and building, zoning and subdivision regulations; The property being transferred may be subject to Act 250 regulations regarding land use and development under 10 V.S.A. chapter 151; The parties have an obligation to investigate and disclose knowledge regarding flood regulations affecting the property. To determine if the property is in compliance with or exempt from these rules, contact the relevant agency. Contact information is provided in the instructions on page 7. WITHHOLDING CERTIFICATION Buyer(s) certifies that Vermont income tax has been withheld from the purchase price and will be remitted to the Commissioner of Taxes with Form RW-171 within 30 days from the transfer, OR that the transfer is exempt from income tax withholding for the following reason (check one): 1. Under penalties of perjury, seller(s) certifies that at the time of transfer, each seller was a resident of Vermont or an estate. X 2. Buyer(s) certifies that the parties obtained withholding certificate number from the Commissioner of Taxes in advance of this sale. 3. Buyer(s) certifies that this is a transfer without consideration. (See instructions for Form RW-171.) 4. Seller(s) is a mortgagor conveying the mortgaged property to a mortgagee in a foreclosure or transfer in lieu of foreclosure, with no additional consideration. 1039 For Town Use Only Form PT-172, Page 3 of 4 Rev. 08/13

TOWN OF HINESBURG Buyer #1 or Entity SSN or FID Property Location Date of Closing SEWER LINE, GREEN STREET, HINESBURG * 1 3 1 7 2 1 4 0 1 * Transferor and Transferee state that the information submitted on this return is true, correct and complete to the best of their knowledge. GRAVEL & SHEA PC PO BOX 369 BURLINGTON, VT 05402-0369 Prepared by (print or type) Preparer s Address Buyer s Representative Buyer s Representative Telephone Town or City: Please forward original to the VT Department of Taxes within 30 days of receipt. THIS SECTION TO BE COMPLETED BY TOWN OR CITY CLERK Book Number Page Number Grand List year of Date of Record Grand List Value. Parcel ID Number M M D D Y Y Y Y Grand List Category* SPAN ACKNOWLEDGMENT Return received. SIGNED, Clerk DATE * Please use the following numeric two-digit grand list category codes Residential <6 Acres....01 Residential >6 Acres....02 Mobile Home/Un....03 Mobile Home/La....04 Seasonal <6 Acres....05 Seasonal >6 Acres....06 Commercial....07 Commercial Apt....08 Industrial....09 Utilities Elec....10 Utilities Other....11 Farm...12 Other...13 Woodland....14 Miscellaneous....15 1039 For Town Use Only Form PT-172, Page 4 of 4 Rev. 08/13