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fN s r.W (KtiTC fa-r1 ;gZ- £SN .4.? ''L V 6 r,) rP, <br /> �' 5 r. 7TH �f �`' t 'l��j '�'r �aw ,c}'1* <br /> 0!` � Ve.', , / �,. <br /> f� til y G f � � fl <br /> n, 1c" �'?yr � ` t;Y��. <br /> 7 � F � z14 � aid 1f <br /> ;✓e,:,ti �� X �� .�ux$�>--`ei+�d..�`sii"N.0 i..:s.sa.x ,.i�.,�cy a., f ;r.:.��cu..w('ao YnIi3�-.:��,�:u�.'�"`Fe�''�' +k'Y .<s ;La��3 <br /> 2600 US Bancorp Center Peter K Beck Pete <br /> 800 Nioollet Mall Attorney at L a W 612-991-1350 teckiaw,com <br /> Minneapolis,MN 55402 www.peterbeckiawcom <br /> June 6,2014 <br /> Paymentus <br /> do President and CEO <br /> 3455 Peachtree Road NE <br /> 5th Floor <br /> Atlanta,GA 30326 <br /> Re: Notice of Non Renewal <br /> Dear Sir: <br /> This letter is written on behalf of Elk River Municipal Utilities("ERMU"). On April 10, <br /> 2010, Paymentus and ERMU entered into the enclosed Master Services Agreement <br /> ("Agreement"). <br /> Pursuant to Section 9.1 of the Agreement, the Agreement was in effect for three years <br /> and automatically renewed at the end of three years. Therefore, the Agreement currently runs <br /> until April 19,2016. <br /> This letter constitutes ERMU's written notice, in compliance with and pursuant to <br /> Section 9.1 of the Agreement, that ERMU elects not to automatically renew the Agreement <br /> beyond April 19,2016,and will not be renewing the Agreement beyond that date. <br /> Please contact the undersigned or Theresa Slominski, ERMU's Finance Director, if you <br /> have any questions. <br /> Very truly yours, <br /> PETER K. o CK ATTORNEY AT LAW PLLC <br /> By: Ys <br /> Peter K. Beck <br /> PKB:tk <br /> cc: Theresa Slominski <br /> Finance and Office Manager,ERMU <br /> Troy Adams <br /> General Manager, ERMU <br /> 730740.DOCX <br /> 81 <br />