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(b) This Agreement shall be governed by and construed in accordance with the laws <br /> of the State of North Carolina, without,however, giving effect to any principle of conflicts of <br /> law. <br /> (c) The captions in this Agreement are inserted for convenience of reference only and <br /> in no way define, describe or limit the scope or intent of this Agreement or any of the provisions <br /> hereof. <br /> (d) Any provision herein contained which by its nature and effect is required to be <br /> observed, kept or performed after the Closing Date, shall survive the closing and remain binding <br /> upon and for the benefit of the parties hereto, their heirs, personal representatives, successors or <br /> assigns,until fully observed, kept or performed. <br /> (e) This Agreement shall be binding and shall inure to the benefit of the parties hereto <br /> and their respective beneficiaries, heirs, personal representatives, successors and permitted <br /> assigns. <br /> (f) As used in this Agreement,the masculine shall include the feminine and neuter, <br /> and vice versa; the singular shall include the plural and the plural shall include the singular, as <br /> the context may require. <br /> (g) Any provision contained in this agreement which by its nature and effect, if <br /> required to be observed, kept or performed after closing shall survive the closing and shall <br /> remain binding upon and for the benefit of the parties hereto until fully observed, kept or <br /> performed. <br /> 7. CLOSING: All parties agree to execute any and all documents and papers <br /> necessary in connection with the closing and transfer of title to the Property on or before <br /> December 31, 2013 in Hillsborough,North Carolina("Closing Date"). <br /> 8. POSSESSION: Possession of the Property shall be delivered at closing. <br /> 8 <br />