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Permit and with the consent of Licensor, Licensees shall notify Licensor in <br /> advance of the work and apply for, obtain from the agency with jurisdiction, and <br /> complete the work according to the terms of the permit. Licensees agree that they <br /> shall properly abandon or close all of the monitoring wells or other borings that <br /> have been installed on the Subject Property after obtaining all required permits <br /> and authorization when the need to monitor such wells or borings ceases but in no <br /> event later than twenty(20) years from the date of this Agreement. <br /> 9. This Agreement shall be binding upon and shall inure to the benefit of the heirs, <br /> successors and assigns of the parties. <br /> 10. The undersigned represent and warrant they each have the full power, right and <br /> authority to enter into this Agreement. <br /> 11. By entering into this Agreement none of the Parties admit any liability or <br /> responsibility for any contamination or other environmental condition of the <br /> Subject Property, and neither this agreement nor the activities conducted by <br /> Licensees' consultant and its agents and contractors may be construed as such an <br /> admission in any court or legal proceeding. <br /> 12. The rights and obligations under paragraphs 6, 8, and 12, shall survive <br /> termination of this Agreement. <br /> 13. This Agreement shall be executed in counterparts with the same force and effect <br /> as if executed in one complete document by all Parties to the Agreement. This <br /> Agreement may be executed by facsimile signature, and the parties hereto agree <br /> that a facsimile signature shall have the same force and effect as an original. <br /> 5 270277.1 <br />