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15. NO ADMISSION.OF LIA MTY <br /> The parties acknowledge and agree that neither this.Agreement, the act of entering <br /> into it,nor any act or omission pursuant.hereto shall be construed.as an admission of any <br /> nature. <br /> 15. COMPLIANCE WrM LAWS <br /> Throughout-the term of this.Agreement,Texaco and Owner shall.AtAU times comply <br /> fully with all applicable laws,ordinances,rules, and regulations of any governmental agency <br /> having jurisdiction over the Property. <br /> 17. BINDING EFFECT <br /> This Agreement shall be binding upon and inure to the benefit of the parties hereto <br /> and their respective heirs,successors and assigns Owner shall promptly notify Texaco of <br /> any transfer of its interest in,the Property and.sball:provide a copy of this Agreement to any <br /> and alltransferees. <br /> 18.. AUTHORIZED SIGNATORIES <br /> OVyt ebt warrants and represents ethat Owner owns the Property and has authority to <br /> enter into'ehis Agreement. Each of the signatories hereto warrants and represents that he or <br /> she is competent and,authorized=to enter into this Agreement on behalf of the party for whom <br /> he or she purports to sign. <br /> IN WITNESS WHEREOF,the parties have caused this Agreement to be executed <br /> and effective as of the last date set forth below. <br /> TEXACO; t TEXA� NC., a DelAware oration <br /> Dated: 2030.: By; Gtr <br /> Name: Py _n k- E:rS61-er <br /> It3: . v f., ere S's Clsi�- gnd <br /> OWNER: JOSEPH P FASO, TRUSTEE OF THE <br /> JOSEPH P.FASO DECLARATION OF <br /> TRUSTED DATED MAY 2512006 <br /> Dated: 32010 By; <br /> Name: <br /> Its: <br /> Page 5 294793.1 <br />