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Attachment E THE CONSERVATION EASEMENT CONTENT The following TERMS AND CONDITIONS are required to be included in this Conservation Easement unless modified by the North Carolina Department of Agriculture and Consumer Services. A. Definitions Grantor —the landowning entity that provides the body of the easement. Grantee —the recipient of the easement. Conservation Purposes — agricultural, horticultural, and forestland activities. Property — agricultural farmland. B. Grant of Conservation Easement Grantor(s) hereby voluntarily grant and convey to the Grantee, and the Grantee hereby voluntarily accepts, a perpetual (or a term of years) Conservation Easement, which must be defined by a metes and bounds description. Grantor(s) promise that they will not perform, nor knowingly allow others to perform, any act on or affecting the Property that is inconsistent with the covenants herein. Grantor(s) authorize the Grantee to enforce these covenants in the manner described herein. C. Grantor's Development Rights Grantor(s) hereby voluntarily grant and convey to the Grantee all development rights for the Property, except as otherwise reserved and provided by the terms of this Conservation Easement, that are now or hereafter inherent in the Property. D. Grantor's Reserved Uses and Restrictions Subject to the terms and restrictions hereto, the Grantor(s) reserve to and for themselves and their successors all customary rights and privileges of ownership, unless otherwise specifically prohibited herein. E. Grantor's Right to Use the Property for Customary Rural Enterprises Grantor(s) retain the right to use the portion of the Property as shown on Exhibit B, and more particularly described in the Baseline Documentation Report, for otherwise lawful and customary rural enterprises, such as, but not limited to, a winery, bed and breakfast, saw mills, farm machinery repair enterprises. Conducting customary rural commercial enterprises on any other part of the Property is not permitted without the advance written permission of the Grantee in each instance. The Grantee shall not give such permission unless the Grantee determines that the proposed use will not substantially diminish or impair the conservation values of the Property. F. Prohibited Activities Any activities, practices, or uses of the Property, that would in anyway alter, impede, or interfere with the conservation values and agricultural goals sought to be protected by this Conservation Easement are strictly prohibited. Attachment number 3 F -6 Page 129