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Draft 5-28-09 <br />constitute one and the same Agreement. The parties agree that faxed signature copies shall be <br />legally binding. <br />19. GOVERNING LAWS. This Agreement shall be governed by and construed in accordance with the <br />laws of the State of North Carolina applicable to contracts entered into and wholly to be performed <br />with the State of North Carolina. <br />20. NO THIRD PARTY BENFICIARIES. Unless otherwise specifically provided herein, no person <br />or entity that is not a party to this Agreement will have any equitable or other rights by virtue of this <br />Agreement. <br />IN WITNESS WHEREOF, the parties have caused their authorized representative to execute this <br />Agreement as of the date first above written. <br />Sports Endeavors Inc. <br />By: <br />Signature <br />Mike Moylan, President <br />Attest: <br />By: <br />Title <br />Orange County <br />By: <br />Signature <br />Valerie Foushee, Chair, Board of Commissioners <br />Attest: <br />By: <br />Clerk to the Board <br />Page 7 of 7 <br />