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<br />I <br /> <br />9. In the event that the terms of the Bond Purchase Agreement are not <br />acceptable to the Corporation and the Corporation elects to sell the Bonds <br />at public sale, then we will be given the exclusive right to submit for your <br />consideration a Financial Advisory Contract covering the contemplated financing. <br />10. This proposal is submitted in duplicate originals. When accepted by you, <br />it will constitute the entire agreement between Corporation and Underwriter <br />for the purposes and considerations herein specified. Your acceptance will be <br />indicated by the signatures of your President and Secretary on both copies, <br />and the returning of one executed copy to us. <br /> <br />Respectfully submitted, <br /> <br />FIRST SOUTHWEST C <br /> <br /> <br />By <br /> <br />I <br /> <br />ACCEPTANCE <br /> <br />Accepted pursuant to resolution adopted by the Board of Directors on this the <br /> <br />Lt/fA day of :r ~L/,.;eu > 1980. <br />I <br /> <br />ATTEST: <br /> <br />~~~~~ <br />( resident <br /> <br />Ik~,rl:k~~ <br /> <br />(SEAL) <br /> <br />I <br /> <br />-4- <br />