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account. <br />5. Governing Law. This Agreement shall be interpreted in accordance with and be <br />governed by the laws of the State of Minnesota <br />6. Entire Agreement. This Agreement sets forth the entire agreement of the parties hereto <br />and supersedes all prior agreements and understandings between the parties with respect to the <br />matters contained herein. <br />7. Amendment. Modification or Waiver. No amendment, modification or waiver of any <br />condition, provision or term herein shall be valid or of any effect unless made in writing, signed by <br />the party or parties to be bound or by a duly authorized representative thereof and specifying with <br />particularity the extent and nature of such amendment, modification and waiver. <br />IN WITNESS WHEREOF, the City and Applicant have caused this Agreement to be duly <br />executed on the day and year first above written. <br />[SIGNATURES ON FOLLOWING PAGE(S)] <br />3 <br />