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binding upon their respective estates, heirs, executors administrators, successors, successors-in- <br />trust and assigns. <br />20. Entire Agreement. All understandings and agreements previously existing <br />between the parties relating to the Water Rights, if any, are merged into this Agreement, which <br />alone fully and completely expresses their agreement, and the same is entered into after full <br />investigation, neither party relying upon any statement or representation made by the other not <br />embodied herein. This Agreement may be modified only by a wriffen amendment executed by all <br />parties. <br />21, Interpretation. This Agreement has been reviewed by both parties and each party <br />has had the opportunity to consult with independent counsel with respect to the terms hereof and <br />has done so to the extent that such party desired. No stricter construction or interpretation of the <br />terms hereof shall be applied against either party as the drafter hereof. <br />22. Counterparts. This Agreement may be executed in counterparts, each of which <br />shall be deemed to be an original instrument. All such counterparts together shall constitute a fully <br />executed Agreement. Facsimile transmission of this Agreement and retransmission of any signed <br />facsimile transmission shall be the same as delivery of an original. <br />23. Amendment. This Agreement may not be modified or amended except by the <br />written agreement of the parties. <br />Signatures on the following page <br />8