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We have read and understand the foregoing and agree to submit disputes arising <br /> out of the matters included in the"arbitration of disputes"provision to neutral arbitration. <br /> HENDRICK'S INITIALS: CLC'S INITIALS: <br /> COUNTY INITIALS: <br /> CITY INITIALS: <br /> ARTICLE 6 <br /> TERM OF AGREEMENT <br /> The Term of this Agreement shall commence on the Effective Date and expire upon <br /> satisfaction of all conditions,obligations, and requirements of this Agreement,unless earlier <br /> terminated as provided in this Agreement. <br /> ARTICLE 7 <br /> GENERAL PROVISIONS <br /> 7.1 Counterparts; Facsimile and Electronic Signatures. This Agreement may <br /> be executed in counterparts, each of which shall be deemed an original,but all of which, <br /> taken together, shall constitute one and the same instrument. A signed copy of this <br /> Agreement transmitted by facsimile or other electronic means to the other parties shall be <br /> binding on the signatory thereto. <br /> 7.2 Entire Agreement; Incorporation of Recitals. This Agreement,together <br /> with all Exhibits and the Declaration, constitutes the entire agreement between the parties <br /> with respect to the subject matter of this Agreement, and supersedes all prior understandings <br /> or agreements. This Agreement may be modified only by a writing signed by both parties. <br /> All exhibits to which reference is made in this Agreement are deemed incorporated in this <br /> Agreement whether or not actually attached. The Recitals contained in this Agreement are <br /> part of the substance provisions of this Agreement. <br /> 7.3 Partial Invalidity. If any provision of this Agreement is held by a court of <br /> competent jurisdiction to be invalid or unenforceable, the remainder of this Agreement shall <br /> continue in full force and effect and shall in no way be impaired or invalidated, and the <br /> parties agree to substitute for the invalid or unenforceable provision a valid and enforceable <br /> provision that most closely approximates the intent and economic effect of the invalid or <br /> unenforceable provision. <br /> 7.4 Choice of Law. This Agreement and each and every related document are to <br /> be governed by, and construed in accordance with the laws of the State of California. <br /> 73 Waiver of Covenants,Conditions or Provisions. The waiver by one party <br /> of the performance of any covenant,condition or provisions,or of the time for performing <br /> any act,under this Agreement shall not invalidate this Agreement nor shall it be considered <br /> 0002990044\10874266 10 <br />