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<br /> 4. Tanger will pay for all advertising placed urider this agreement, and Tanger will <br /> provide the City with proof of the advertising and copies of invoices for the advertising. Funds <br /> expended by Tanger may include placement fees, design fees, agency commissions or other fees <br /> traditionally charged by third parties to Tanger. Tanger will not pay itself or any of its officers or <br /> employees for any services it provides in connection with the advertising expenses incurred <br /> under this agreement. Subject to the maximum City contribution of$150,000.00 the City will <br /> reimburse Tanger 50% of all advertising costs incurred by Tanger under this agreement within 30 <br /> days from receipt of invoice copies and advertising proofs. <br /> 5. Tanger shall provide City with an analysis of funds expended under this agreement, <br /> and reports on traffic, sales, sales tax and zip code analysis for the Tanger Outlet Center. These <br /> reports will be due on February 15, 1999, June 15, 1999, and October 15, 1999. <br /> 6. Tills Agreement may be renewed under the same terms and conditions ifboth parties <br /> provide their written consent to the renewal on or before September 30, 1999. <br /> 7. Neither party may assign its rights or obligations under this agreement without the <br /> written consent ofthe other party. All amendments to this agreement must be in writing and <br /> signed by both parties. <br /> 8. This Agreement shall be construed according to laws of the State of Texas. This <br /> agreement is perform able in San Marcos, Hays County, Texas. <br /> TANGER PROPERTIES LIMITED <br /> PARTNERSHIP, a North Carolina limited <br /> partnership <br /> t r, Authorized Agent and <br /> ChiefE I e Officer and Chairman of <br /> cu <br /> the Board of Tanger Factory Outlet Centers, <br /> Inc. <br /> CITY OF SAN MARCOS, TEXAS <br /> STATE OF NOl}IHÇARO~INA <br /> COUNTY OF OJl \iOL û <br />