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Telecopy: 704-825-8869 <br />and to: Geoffrey E. Gledhill <br />Coleman. Gledhill, Hargrave & Peek, P.C. <br />129 E. Tryon Street <br />P. O. Drawer 1 X29 <br />Hillsborough, North Carolina 27278 <br />Telecopy: 919-732-7997 <br />If to Seller: RT Holdings, LLC <br />c!o Eaton Vance Management <br />225 State Street <br />Boston, MA 02109 <br />Attention: Adam V6'eigold <br />Telecopy: 617-45.1-0642 <br />with copy to: Ivlaupin Taylor, P.A. <br />3200 Beechleaf Court, Suite 500 <br />Raleigh, North Carolina 27604-1064 <br />or: Post Office Box 19764 <br />Raleigh, North Carolina 27619-9764 <br />Attention: Ronald R. Rogers, Esq.iDavid A. Bookhout, Esq. <br />Telecopy: 919-981-4300 <br />All notices and demands so given shall be effective upon the delivery, mailing or sending of the same to the party to <br />whom a notice or demand is given, if personally delivered or sent by telecopy, and within two (2) days or upon <br />receipt, whichever is earlier, if sent by express courier service or certified mail, return receipt requested. <br />m) Survival: Except as provided herein to the contrary, the warranties and representations contained <br />in this Agreement shall not survive the Closing. <br />n) Time is of the Essence. Time is of the essence as to the time for the giving of notices, for Closing, <br />and as to all other obligations of Buyer and Seller hereunder. <br />o) No Third-Party Beneficiary. The parties to this Agreement acknowledge and agree that the rights <br />and obligations contained herein are for the sole and express benefit of Buyer and Seller and that nothing herein <br />shall operate to create rights in or obligations to other persons or entities not party to this Agreement. <br />(the next page is the signature page) <br />10 <br />RALE[GI-0.454'65 6 <br />