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The foregoing verification is made solely to comply with Section 2252.152, Texas
<br /> Government Code, and to the extent such Section does not contravene applicable Federal law
<br /> and excludes the Paying Agent and each parent company, wholly- or majority-owned
<br /> subsidiaries, and other affiliates of the same, if any, that the United States government has
<br /> affirmatively declared to be excluded from its federal sanctions regime relating to Sudan or Iran
<br /> or any federal sanctions regime relating to a foreign terrorist organization. The Paying Agent
<br /> understands "affiliate" to mean any entity that controls, is controlled by, or is under common
<br /> control with the Paying Agent within the meaning of SEC Rule 405, 17. C.F.R. § 230.405, and
<br /> exists to make a profit.
<br /> (c) The Paying Agent hereby verifies that, for purposes of Section 2274.002 of the
<br /> Texas Government Code, as amended, that the Paying Agent and its parent company, wholly- or
<br /> majority- owned subsidiaries, and other affiliates, if any,
<br /> (1) do not have a practice, policy, guidance or directive that discriminates against a firearm
<br /> entity or firearm trade association; and
<br /> (2) will not discriminate during the term of this Agreement against a firearm entity or firearm
<br /> trade association.
<br /> The foregoing verification is made solely to comply with Section 2274.002, Texas Govermnent
<br /> Code, as amended, to the extent Section 2274.002, Texas Government Code does not contravene
<br /> applicable Texas or federal law. As used in the foregoing verification, "discriminate against a
<br /> firearm entity or firearm trade association" (A)means, with respect to the entity or association, to
<br /> (i) refuse to engage in the trade of any goods or services with the entity or association based
<br /> solely on its status as a firearm entity or firearm trade association; (ii) refrain from continuing an
<br /> existing business relationship with the entity or association based solely on its status as a firearm
<br /> entity or firearm trade association; or (iii) terminate an existing business relationship with the
<br /> entity or association based solely on its status as a firearm entity or firearm trade association; and
<br /> (B) does not include: (i) the established policies of a merchant, retail seller, or platform that
<br /> restrict or prohibit the listing or selling of ammunition, firearms, or firearm accessories; and (ii) a
<br /> company's refusal to engage in the trade of any goods or services, decision to refrain from
<br /> continuing an existing business relationship, or decision to terminate an existing business
<br /> relationship: (aa) to comply with federal, state, or local law, policy, or regulations or a directive
<br /> by a regulatory agency; or(bb) for any traditional business reason that is specific to the customer
<br /> or potential customer and not based solely on an entity's or association's status as a firearm entity
<br /> or firearm trade association. The Paying Agent understands "affiliate" to mean any entity that
<br /> controls, is controlled by, or is under common control with the Paying Agent within the meaning
<br /> of SEC Rule 405, 17. C.F.R. § 230.405, and exists to make a profit.
<br /> (d) Pursuant to Section 2274.002 (as added by Senate Bill 13 in the 87th Texas
<br /> Legislature, Regular Session), Texas Government Code, as amended, the Paying Agent hereby
<br /> verifies that it and its parent company, wholly- or majority- owned subsidiaries, and other
<br /> affiliates, if any, do not boycott energy companies and, will not boycott energy companies
<br /> SAN MARCOS CTRCO 2023(TWDB):PayingAgtRegAgrmnt
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