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<br />Ou"!" fe,;; and reimbursable expenses shall become due and payao]e simultaneously with the delive¡ y of <br />the securitiês to the purchaser. <br /> <br />5. In the event any bond ejection be necessary, if such ejection shall fail, the fee due us shall be <br />- 0- ; however, should the same or similar propositions again be submitted <br />to election held within -~- months from date tu:reof, then at our option the ab'Teement covered <br />by this proposal shall apply to any such securities. <br /> <br />6. It is further understood and agreed that we reserve the right to submit a bid for the securities <br />when offered for sale. <br /> <br />7. This agreement sha11 be terminated by the de]ivery to the purchaser of all the securities covered <br />hereby, whether delivered all at one time, or in installments. <br /> <br />8. Special Conditions. In addition to the terms and ob]igations herein contained, this proposal and <br />agreement is subject to the following special conditions: <br /> <br /> <br />Either ~arty may terminate this agreement upon the expiration <br />of thirty (30) days from the date the terminating Darty provides <br />written notice of termination to any authorized representative <br />of the non-terminating party. .. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />9. This proposa] is submitted in duplicate originals. When accepted by Issuer it wi1l constitute the <br />entire agreement between Issuer and the undersigned for the purpose and considerations herein specified. <br />Your acceptance wi11 be indicated by proper signatures of your authorized officers or representatives on <br />both copies and the returning of one executed copy to us: <br /> <br />Respectfu11y submitted, <br />Firm: FIRST SOUTHWEST CONPANY <br />. r- <br /> <br /> <br />By <br /> <br />ACCEPTANCE <br />ACCEPTED pursuant to Resolution- adopted by the Clty Council <br />_of the City of San Marcos, Texas <br /> <br />on this 24 of July 19~. <br /> <br /> <br /> <br /> <br />TitJe MAyor <br /> <br /> <br /> <br /> <br />A TrEST: <br /> <br /> <br />lYf~8fYm~ <br /> <br />TitJe Ci ty Secretary <br /> <br /> <br /> <br />(SEAL) <br /> <br /> <br /> <br /> <br />MAC. Form C-1 <br />~. '. . '^' <br />