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<br />Developer: Primestar Properties, Inc., 3147 Boy Scout Camp Rd.,
<br />Kannapolis, North Carol1na 28081
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<br />4.12 Appl1cabl~~Law. This Agreement is entered into under and pursuant to,
<br />and ].s to be construed and enforceable in accordance w1th, the laws of the
<br />State of North Carolina.
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<br />4.13 Executlon of Agreement. This Agreement may be executed in multiple parts
<br />as originals or by facslmile copies of executed orlginals; provided, however,
<br />if executed and evidence of execution is made by facsimlle copy, then an
<br />original shall be provided to the other party within seven (7) days of receipt
<br />of said facsimile copy.
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<br />4.14 Hold Harmless. Developer agrees to and shall hold Cabarrus County, its,
<br />officers, agents, employees, consultants, special counsel and representatives
<br />harmless from liability: (1) for damages, just compensation, restitution
<br />judiclal or equitable relief arising out of claims for personal injury,
<br />including health, and claims for property damage which may arise from the
<br />direct or indirect operations of the Developer or their contractors,
<br />subcontractors, agents, employees or other persons acting on their behalf which
<br />relates to the project; and (2) from any claim that damages, just compensation,
<br />restitution, Judicial or equitable relief IS due by reason of the terms of or
<br />effects arising from this Agreement. Developer agrees to pay all costs for the
<br />defense of Cabarrus County and its officers, agents, employees, consultants,
<br />special counsel and representatives regarding any action for damages, Just
<br />compensation, restitutlon, Judicial or equitable relief caused or alleged to
<br />have been caused by reason of Developer's actions in connection with the
<br />ProJect or any claims arislng out of th1S Agreement. ThlS hold harmless
<br />Agreement applies to all claims for damages, Just compensation, restitution,
<br />judic1al or equitable relief suffered or alleged to have been suffered by
<br />reason of the events referred to in this paragraph or due by reason of the
<br />terms of, or effects, arisi.ng from this Agreement regardless of whether or not
<br />the County prepared, supplied or approved this Agreement, plans or
<br />specifications, or both, for the Project. The developer further agrees to
<br />indemnify, hold harmless, and pay all costs for the defense of the County,
<br />1ncluding fees and costs for special counsel to be selected by Cabarrus County,
<br />regarding any actlon by a third party challenging the validity of this
<br />Agreement or assertlng that damages, just compensation, restitutlon, judicial
<br />or equitable relief is due to personal or property rights by reason of the
<br />terms of, or effects arising from this Agreement. Cabarrus County may make all
<br />reasonable deciSIons with respect to its representatlon in any legal
<br />proceeding.
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<br />4.15 Relat10nshlp of Parties. The contractual relationship between Cabarrus
<br />County and Developer arising out of this Agreement is one of independent
<br />contractor and not agency. It 1S specifically understood by the part1es that:
<br />(a) the ProJect is a prlvate development; (b) County has no Interest in or
<br />responsibilitles for or duty to third parties concerning any improvements to
<br />the Property unless the County accepts the improvements pursuant to the
<br />provisions of this Agreement or in connection with any applicable subdivision
<br />map approval; and (c) As between the County and the Developer, the Developer
<br />shall have the full power and exclusive control of the Property subject to the
<br />obligations of the Developer set forth in this Agreement.
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<br />5.1 Default.
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<br />5.1.1 Events of Default. Developer IS in default under this Agreement upon the
<br />happening of one or more of the following events or conditions:
<br />
<br />(1) If a warranty, representation or statement made or
<br />furnished by Developer to Cabarrus County is false or
<br />proves to have been false In any material respect when it was
<br />made;
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<br />(2) A findlng and determination made by Cabarrus County
<br />followlng a periodic review that upon the basis of
<br />substantial evidence the Developer has not complied in good
<br />faith with one or more of the terms or conditions of this
<br />Agreement.
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<br />(3) Any other event, condi t1on, act or omisslon which
<br />materially interferes with the intent and objectives of
<br />thls Agreement.
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<br />5. ] .2 PrClcedu~..2:'pon....Jle f a,,-Lt .
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