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17. Notices. Any notices given hereunder shall be in writing and shall be <br />deemed to have been given when delivered personally or three (3) days after deposited in <br />the United States mail, registered, postage prepaid, addressed as follows: <br />If to Borrower: <br />If to Lender: <br />Alliance Machine, Inc. <br />17520 Tyler Street NW <br />Elk River, Minnesota 55330 <br />Attention: Bryan Provo <br />Economic Development Authority of the City of Elk River <br />13065 Orono Parkway <br />Elk River, Minnesota 55330 <br />Attn: Director of Economic Development <br />or addressed to any such party at such other address as such party shall hereafter furnish <br />by notice to the other party. Any notice delivered personally to Borrower shall be <br />delivered to an officer of Borrower, and any notice delivered personally to Lender shall <br />be delivered to an officer of Lender at the address for Lender for the mailing of notices. <br />Either party may change its address for the giving of notices by giving the other party at <br />least ten (10) days notice in the manner provided above. <br />18. Headings. The headings used in this Agreement are for convenience only <br />and do not define, limit or construe the contents of this Agreement. <br />19. Binding on Successors and Assigns. Subject to the limitations on transfer <br />contained in this Agreement, this Agreement shall be binding upon and inure to the <br />benefit of the successors and assigns of the parties hereto. <br />20. Governing Law. This Agreement shall be governed by and construed in <br />accordance with the laws of Minnesota, without giving effect to any choice or conflict of <br />law provision or rule. <br />21. Counterparts. This Agreement may be executed in two (2) or more <br />counterparts, each of which shall be an original and all of which shall constitute the same <br />agreement. <br />22. Entire Agreement. This Agreement, the Note, the Security Agreement and <br />the other documents executed by Borrower and/or Lender pursuant to this Agreement <br />contain the entire agreement between the parties with respect to the subject matter hereof <br />and supersede all prior understandings and agreements, both oral and written. This <br />Agreement may be amended only in a writing signed by the parties hereto. <br />-10- <br />