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• <br />Sanford Hol~houser <br />Attorneys at Law <br />SENATOR TERRY SANFORD (197 7--1998) <br />GOVERNOR JAMES E. HOL9i0USER, JR. <br />November 12, 2007 <br />Ms. Laura E. Blackmon <br />County Manager <br />Orange County <br />Post Office Box 8181 <br />Hillsborough, North Carolina 27278 <br />Q~'~ <br />~ G <br />RE: Advice and Representation in Economic Development Matters <br />~~ <br />• <br />Dear Ms. Blackmon: <br />Please accept this letter as a proposal and if accepted a confirmation of our <br />understanding that we will represent Orange County, North Carolina in providing legal <br />assistance and advice on economic development matters as directed by you. We will work <br />with the County leadership to structure fiscally responsible and competitive investments in <br />significant commercial and industrial projects which locate in the County thereby creating <br />jobs for its citizens and tax revenues to support the continued vitality of the County. We <br />will, if selected for this work, immediately undertake such a project with you and your <br />leadership. We sincerely appreciate your calling on us to assist you, and we look forward <br />to working with you. <br />Bob Jessup and I will be the principal attorneys handling this matter, and other <br />elements of the Firm may assist as well. My assistant is Jennifer Randall. If you have <br />difficulty in reaching us, Jennifer will be able to assist you. Should you find it convenient <br />to communicate with us by facsimile, our number is shown on the letterhead above. <br />Bob Jessup and I will be billing at hourly rates of $285 and $285 respectively. <br />Several people who may assist us and their standard hourly rates follow: Governor James <br />E. Holshouser, Jr. at an hourly rate of $350; Samuel W. Whitt at an hourly rate of $225; <br />David Garrett at an hourly rate of $175; and our paralegals at hourly rates of $75. <br />Our quoted rates will remain in effect until December 31, 2008. We will submit <br />monthly statements for services rendered that will also include an additional itemization of <br />any costs advanced, such as copying, telephone, postage, and express mail. Enclosed is a <br />copy of our firm's standard terms of engagement. If this billing arrangement is <br />acceptable, please sign and date the enclosed copy of this letter and return it to us in the <br />enclosed self-addressed, stamped envelope. <br />SANFORD HOLSHOUSER LLP <br />98960 201 SHANNON OAKS CIRCLE, SUITE 100, GRY, NORTH GROLINA 27511 <br />POST OFflCE BOX 5646, GRY, NORTH GROLINA 27512 <br />919.755.1800 TELEPHONE 919.653.0435 FACSIMILE <br />www sanlordholshouser.~n <br />