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Sent by: DRB MINNEAPOLIS 6123405584; 05/07/98 13:02; JetraX #801 ;Page 24/39 <br /> Agreement or any subsequent agreement between the parties. Developer's obligation to comply with <br /> the conditions subsequent set forth in Section 3.5 of this Agreement shall survive the termination of <br /> this Agreement and shall remain in effect until complied with. <br /> IN WITNESS WHEREOF,the Authority has caused this Agreement to be duly executed in <br /> its name and behalf; and the developer has caused this Agreement to be duly executed in its name and <br /> behalf, on or as of the date first above written. <br /> ECONOMIC DEVELOPMENT <br /> AUTHORITY IN AND FOR THE CITY <br /> OF ELK RIVER <br /> By;_ <br /> Henry A. Duitsman, President <br /> By: <br /> Patrick Dwyer, Vice President <br /> DEVELOPER <br /> MORRELL& MORRELL, INC. <br /> By; <br /> Its: <br /> By:. <br /> Its: <br /> MORRELL TRANSFER,INC. <br /> By: <br /> Its: <br /> By: <br /> Its: <br /> S <br /> Beckl 548664.2 19 <br />