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<br />b. Venue for resolution by a court of competent jurisdiction of any dispute arising <br />under the terms of this Agreement, or for enforcement of any of the provisions of <br />this Agreement, is specifically set by Agreement of the parties hereto in Travis <br />County, Texas. <br /> <br />7. The State reserves the right to amend or withdraw this Agreement at any time prior to <br />acceptance by the Sponsor. The acceptance period cannot be greater than 30 days after <br />issuance unless extended by the State. <br /> <br />8. The Sponsor's acceptance of this Offer and ratification and adoption of the Agreement <br />incorporated herein shall be evidenced by execution of this instrument by the Sponsor, as <br />hereinafter provided, and said Agreement shall comprise a contract, constituting the <br />obligations and rights of the State of Texas and the Sponsor with respect to the <br />accomplishment of the project and the operation and maintenance of the airport. Such <br />Agreement shall become effective upon execution of this instrument and shall remain in <br />full force and effect for a period of at least 20 years. <br /> <br />9. This Agreement constitutes the full and total understanding of the parties concerning their <br />rights and responsibilities in regard to this project and shall not be modified, amended, <br />rescinded or revoked unless such modification, amendment, rescission or revocation is <br />agreed to by both parties in writing and executed by both parties. <br /> <br />10. All commitments by the Sponsor and the State hereunder are subject to constitutional and <br />statutory limitations and restrictions binding upon the Sponsor and the State (including 99 <br />5 and 7 of Article 11 of the Texas Constitution, if applicable) and to the availability of <br />funds which lawfully may be applied. <br /> <br />Page 10 of 14 <br />