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Municipal Advisory Service Agreement <br />5 <br />TERM OF THIS AGREEMENT <br />This Agreement may be terminated by thirty (30) days written notice by either the Client or Northland <br />and it shall terminate sixty (60) days following the closing date related to the issuance of the Debt. <br />Dated this 2nd day of May, 2023. <br /> <br />Northland Securities, Inc. <br /> <br />By: <br />Tammy Omdal, Managing Director <br /> <br /> <br />By: _________________________________ <br />Clifton Schultz, Managing Director <br /> <br /> <br />City of Lake Elmo, Minnesota <br /> <br />By: _________________________________ <br />Its: _________________________________