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S-1 <br />DOCSOPEN\EL185\30\976961.v1-9/24/24 <br />IN WITNESS WHEREOF, the Lender and the Borrower have caused this Master <br />Amendment Agreement to be executed in their respective names all as of the date and year first <br />written above. <br />ECONOMIC DEVELOPMENT AUTHORITY <br />OF THE CITY OF ELK RIVER <br />By: <br />Name: <br />Its: President <br />By: <br />Name: <br />Its: Executive Director <br />STATE OF MINNESOTA ) <br />) SS. <br />COUNTY OF SHERBURNE) <br />The foregoing instrument was acknowledged before me this _____________, 2024, by <br />_______________, the President of the Economic Development Authority of the City of Elk <br />River, on behalf of the Lender. <br />Notary Public <br />STATE OF MINNESOTA ) <br />) SS. <br />COUNTY OF SHERBURNE) <br />The foregoing instrument was acknowledged before me this ____ day of <br />_____________, 2024, by _______________, the Executive Director of the Economic <br />Development Authority of the City of Elk River, on behalf of the Lender. <br />Notary Public <br />Page 23 of 124