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Agreement to Transfer Election Share <br />TABLE OF CONTENTS <br />ARTICLE 1 ........................................................................................................................2 <br />Section 101. Term .....................................................................................................2 <br />Section 102. Definitions ............................................................................................2 <br />ARTICLE 2 ........ ................................................................................................................4 <br />Section 201. Assignment of Transferred Rights .......................................................4 <br />Section 202. Acceptance and Assumption of Transferred Rights; <br />Consideration .................................................................................................. ..4 <br />Section 203. Obligations Retained by Delano ........................................................ ..5 <br />ARTICLE 3 ........ ................................................................................................................5 <br />Section 301. Apportionment of Transferred Rights, Assumed <br />Development Costs, and Reimbursement Amount ......................................... ..5 <br />Section 302. CMMPA Financing and Billing Treatment of <br />Reimbursement Amount and Assumed Development Costs ......................... ..5 <br />ARTICLE 4 ...................................................................................................................... ..6 <br />Section 401. Waivers and Releases by Delano ....................................................... ..6 <br />Section 402. Waivers and Releases by the Acquiring Cities .................................. ..6 <br />Section 403. Consent, Waivers, and Releases by CMMPA .................................... ..7 <br />ARTICLE 5 ...................................................................................................................... ..7 <br />Section 501. Definition of Termination Conditions ................................................ ..7 <br />Section 502. Effect of the Occurrence of a Termination Condition ........................ ..8 <br />ARTICLE 6 ...................................................................................................................... ..8 <br />Section 601. Termination, Amendment, and Waiver ............................................. ..8 <br />Section 602. Notices and Communications ............................................................. ..8 <br />Section 603. Arbitration .......................................................................................... ..9 <br />Section 604. Governing Law and Venue ................................................................ ..9 <br />Section 605. Obligations of Good Faith and Fair Dealing ...................................... ..9 <br />Section 606. Severability ......................................................................................... ..9 <br />Section 607. Assignment of Transfer Agreement ................................................... 10 <br />Section 608. Confidentiality of Information ........................................................... 10 <br />Section 609. Duly Authorized Signatories; Binding Effect of Execution ............... 10 <br />Section 610. Delivery of Opinions .......................................................................... 10 <br />Section 611. Entire Agreement ............................................................................... 10 <br />i <br />