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REPRESENTATIONS, AGREEMENTS AND WARRANTIES SET FORTH IN THIS AGREEMENT, <br />sELLERs MAKE I,I<i WENNANTY, EXPRESS OR IMPLIED, AS TO THE SUITABIUry OR <br />FITNESS OF THE GROUNDWATER MITIGATION PROVIDED UNDER THIS AGREEMENT FOR <br />ANY PURPOSE. <br />3. Grruenal PRovtstorus <br />3.1 Entire Aqreement. - This Agreement contains the entire agreement between Sellers <br />and Buyer Wtn resp6ffi tne suUject mattei contained herein. There are no agreements, promises, <br />assurances, representations, wairanties, undertakings or understandings, either written or oral, <br />between the parties other than those set forth in this Agreement. <br />g.Z Severabilitv. - The provisions of this Agreement are severable. lf any provision is <br />held to be invaliE oifrEf-orceable, itshall be enforced to the fullest extent allowed by law in that and <br />other contexts, and the validity and force of the remainder of this Agreement shall not be affected <br />thereby. <br />3.3 lndemnification. - The parties agree to indemnifiT and hold each other and their <br />respective omcffimptoyees and agents harmless from any claims of third parties for acts or <br />omissions of either party arising under or related to this Agreement. <br />3.4 Assiqnment. - This Agreement is binding on and accrues to the beneflt of Sellers and <br />the Buyer anO tneir respective succeslors and assigns. The Sellers may assign their interest if the <br />Roan Trust Water Rights are conveyed or the assignee has suitable water rights to mitigate the <br />Consumptive Water Ut-se on the Property. The Buyer may not assign its interest in this Agreement <br />without Sellers' prior written consent. <br />3.S Default. -- lf, after expiration of any rescission right period provlde! for by law, Buyer <br />breaches any covenan-t or condition contained in this Agreement, the Deposit shall be forfeited to <br />Sellers as the sole and exclusive remedy available to Sellers for the default. Sellers and the Buyer <br />agree that Escrow Agent shall deliver such amount to Sellers as liquidated damages and not as a <br />penalty. <br />3.6 Notice. - Notices under this Agreement shall be in writing directed to the other party <br />at the address snow-n-above, and shall be effettive, unless otherwise provided by law: (1) if mailed, <br />on the third day after deposit as registered or certified mail, postage prepaid, (2) if sent by overnight <br />delivery using a nationally recognized courier service, one business day after deposit with such <br />courier, (3) if ient by facsimile, upon confirmed transmission to the address, or (4) if sent by personal <br />delivery,'upon receipt by the addressee. Either party may change its address for notices by at least <br />five days' advance written notice to the other' <br />g.7 prohibition Aqainst Recordation and Gonfidentialitv -- Buyer shall not €use or <br />allow this Rgreernent, or a snort torm memorandum or an assignment of this Agreement to become <br />public recorl without'Sellers' prior written consent, which consent may be withheld by Sellers in their <br />sole discretion. The Buyer and Seller agree that this Agreement shall not be provided to Ecology or <br />any other pafi. Buyer ind Sellers agree to execute a Memorandum of Agreement to acknowledge <br />the existence of the Agreement. Buyer may provide a copy of the Memorandum of Agreement to <br />Ecology. <br />3.8 Survival. -- All warranties and representations contained in this Agreement shall <br />survive closing i-e execution and delivery of any documents at the Closing date, and shall not be <br />merged into a-ny document delivered by Sellers or Buyer at the Closing Date. All provisions which <br />contimplate performance after the Closing Date, shall survive termination of this Agreement and the <br />Closing Date, and shall not be so merged. <br />3.g Amendment. -- This Agreement may be amended only by an instrument in writing <br />signed by both partiesJ.lo changes, alterations or modifications hereto shall be effective unless made <br />in writing and signed by both parties. <br />3