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Very truly yours, <br /> ROBERT W. BAIRD & CO. INCORPORATED, on <br /> its own behalf and on behalf of Samuel A . Ramirez & <br /> Co . , Inc. and Siebert Williams Shank & Co. , LLC <br /> By : <br /> Ryan Maher <br /> Managing Director <br /> Approved, accepted and agreed to : <br /> ORANGE COUNTY, NORTH CAROLINA <br /> By : <br /> Travis M <br /> County Manager <br /> [Signature Page for Bond Purchase Agreement — Orange County 2025 LOBS] <br />