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~~ <br />b. Desi cation Agreement. The parties designate Seller as the person responsible <br />for filing Form 1099 with the Internal Revenue Service following the consummation of the <br />transactions described in this Contract. By execution of this ageemcnt below, said party accepts <br />and agrees to be bound by this designation. The parties intend that this Section shall constitute a <br />"desitmation agreement" within the meaning of 26 C.F.R. Section L6045-4, as the same may be <br />amended from time to time. The address for Seller is set forth below. <br />c. Notices. Any notice required or permitted to be given under this Contract shall be <br />in writing and shall be deemed to have been given when deposited in Federal Express (or any <br />other national "next day" delivery service) or in the United States mail via registered or certified <br />mail, postage prepaid, return receipt requested, and addressed as follows: <br />SELLER: Peter J. Herm, Esq. <br />Senior Vice President/Real Estate Counsel <br />The Trump Group <br />4000 Island Boulevard, PH-4 <br />Aventura, Florida 33160 <br />with copy to: William 7. Brian, Jr., Esq. <br />Womble Carlyle Sandridge & Rice, P.L.L.C. <br />P.O. Box 13069 <br />Research Triangle Park, NC 27709 <br />BUYER: John M. Link, 7r. <br />County Manager <br />Orange County <br />200 S. Cameron Street <br />Hillsborough, NC 27278 <br />with copy to: Pamela Jones <br />Director of Purchasing and Central Services <br />Orange County <br />129 E. King Street <br />Hillsborough, NC 27278 <br />and: <br />Geoffrey E. Gledhill, Esq. <br />Coleman, Gledhill, Hargrave & Peek, P.C. <br />Orange County Attorney <br />P.O. Drawer 1529 <br />129 E. Tryon Street <br />Hillsborough, NC 27278 <br />Either party may, from thne to time, by notice as provided above, designate a different address to <br />which notice to it shall be sent. <br />RTP 84406v7 <br />1z <br />