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16 <br /> Memorandum of Agreement <br /> Triangle Water Supply Partnership <br /> d) Any Participant maybe removed from the Partnership by a Super Majority Vote <br /> of the Participants. For any Participant who is removed pursuant to this <br /> provision, Final Dues will be calculated and invoiced to the Participant as <br /> described in paragraph 14 (f). <br /> e) This Agreement constitutes the entire agreement between the Parties with respect <br /> to its general subject matter. This Agreement may not be changed except in <br /> writing signed by all the Parties. <br /> 16)Additional agreements: It is understood that no party is obligated to participate in <br /> future separate agreements beyond this initial Agreement. <br /> 17)Miscellaneous Provisions: <br /> a) The Parties each represent, covenant and warrant for the other's benefit as <br /> follows: <br /> i) Each Party has all necessary power and authority to enter into this Agreement <br /> and to carry out the transactions contemplated by this Agreement, and this <br /> Agreement has been authorized by Resolution spread upon the minutes of <br /> each Party's governing body. This Agreement is a valid and binding <br /> obligation of each Party. <br /> ii) Neither the execution and delivery of this Agreement, nor the fulfillment of or <br /> compliance with its terms and conditions, nor the consummation of the <br /> transactions contemplated by this Agreement, results in a breach of the terms, <br /> conditions and provisions of any agreement or instrument to which either <br /> Party is now a party or by which either is bound or constitutes a default under <br /> any of the foregoing. <br /> iii) To the knowledge of each Party, there is no litigation or other court, or <br /> administrative proceeding pending or threatened against such Party(or against <br /> any other person) affecting such Party's rights to execute or deliver this <br /> Agreement or to comply with its obligations under this Agreement. Neither <br /> such Party's execution and delivery of this Agreement,nor its compliance <br /> with its obligations under this Agreement,requires the approval of any <br /> regulatory body or any other entity the approval of which has not been <br /> obtained. <br /> b) The singular of terms used in this Agreement shall include the plural, and the <br /> masculine shall include the feminine, and vice versa. <br /> c) A signed copy of this Agreement shall be considered as an original. <br /> d) The parties intend that this Agreement be governed by the law of the State of <br /> North Carolina. In the event of conflict or default that might arise for matters <br /> associated with this Agreement, the Parties agree to informally communicate to <br /> resolve the conflict. If any such dispute cannot be informally resolved, then such <br /> August 7, 2018 Page 14 of 35 <br />