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<br /> all obligations hereunder shall terminate on said effective date. <br /> 8. This Agreement shall be covered by, and construed in <br /> accordance with, the laws of the State of Texas. <br /> 9. This Agreement shall not be assigned by either party <br /> without the prior written consent of the other. <br /> 10. This Agreement constitutes the sole agreement of the <br /> parties with respect to the matters it addresses and supercedes <br /> any understandings or written or oral agreements between the <br /> parties with respect to the subject matter hereof. <br /> 11. If any part of this Agreement for any reason is declared <br /> invalid, such decision shall not affect the validity of any <br /> remaining portion, which remaining portion shall remain in force <br /> and effect as if this Agreement had been executed with the invalid <br /> portion eliminated. <br /> 12. Each individual executing this Agreement on behalf of <br /> the parties hereto certify that they authorized and empowered to <br /> execute the same on behal f of such party and that such party is <br /> authorized to enter into this agreement. <br /> EXECUTED this 4 day of December , 1989. <br /> THE CITY OF SAN MARCOS \.. <br /> BY: <br /> ATTEST: <br /> dk~~ <br /> <br /> -4- <br />