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0 <br />Nix i$ P.CE 531 <br />4. RIGHT OF FINANCIAL ADVISOR TO PROVIDE BOND UNDERWRITING SERVICES: Nothing <br />contained in this Agreement and/or future agreements shall preclude the Financial Advisor from <br />underwriting or purchasing as senior or co-manager all or a portion of the bonds. <br />5. NON-ASSIGNABILITY OF AGREEMENT: The Financial Advisor agrees that it will not assign, <br />transfer, sublet or otherwise dispose of this Agreement, or its right, title or interest therein, to any person or <br />firm otherwise than to (a) partnerships that succeed the business of the Financial Advisor's present firm and <br />in which a majority of the directors of the present firm shall be general partners, or (b) corporations that <br />succeed to the business of the Financial Advisor's present firm and in which persons who are directors in <br />Financial Advisor's present firm own stock having unconditional rights to vote for the election of directors. <br />6. RELATIONSHIP: The relationship of the Financial Advisor to the County arising out of this <br />Agreement shall be that of an independent contractor. The Financial Advisor will inform the County of <br />similar business service requests, and the Financial Advisor agrees to avoid conflicting business <br />relationships for project advisory services. <br />7. CONFIDENTIALITY: It is expressly understood by the Financial Advisor that all information, <br />documents, instruments, or any other materials or data provided by the County, as well as their business <br />operations, are of a confidential and proprietary nature, and should be used only with the consert of the <br />County in performing services contained herein. <br />8. EFFECTIVE DATE: This Agreement shall take effect upon its execution by both parties. <br />IN WITNESS WHEREOF, the County and the Financial Advisor have duly caused this <br />Agreement to be executed as of the date first written above. <br />COUNTY OF LEE, N A <br />Wi ess: By: <br />CayngI M. Lee <br />Witness: ~L, ,.u,.-. <br />Name: Ilerbert A. Hincks <br />Title: Chairman, Lee County Board of <br />Commissioners <br />L ERRIS, BAKER WATTS, INCORPORATED <br />By: ~yat A br~l~~sv <br />Name: Title: <br />019 <br />