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years from the Commencement Date, such share to be 10% of the contribution for each <br />full year of the 10 years the Community Room is not available. Any amounts required to <br />be returned to the City pursuant to foregoing provision shall be paid by the Company to <br />the City within 30 days of demand therefor. <br />4. Authority. The Company warrants to the City that it has full authority to enter into this <br />Agreement and grant the right of use provided herein; that all consents or other <br />authorizations necessary for the grant of such right of use have been obtained and given, <br />and that upon execution, this Agreement shall be enforceable against the Company in <br />accordance with its terms. The undersigned representative of the Company warrants that <br />he or she has been duly authorized to execute this Agreement on behalf of the Company. <br />5. Binding Effect. This Agreement shall be binding on the Company and the City and their <br />respective successors and assigns. <br />IN WITNESS WHEREOF, the parties have executed this Agreement effective as of the date <br />first set forth above. <br />ALFALFA'S MARKET, INC. <br />A Colorado Corporation <br />By: <br />Mark Retzloff, Chair <br />ATTEST: <br />Print Name <br />hc> <br />CITY OF LOUISVILLE <br />