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reasonable regulations as the Bond Registrar may prescribe, the Bond Registrar shall provide for the registration of Bonds and the registration of transfers of Bonds entitled to be registered or transferred as herein provided Upon surrender for transfer of any Bond at the principal office of the Bond Registrar, the City shall execute Bond Registrar shall authenticate, insert g ��f necessary� . , stration (as provided in paragraph 9) of, an and the Bo g d the date of re i d sliver, in the name of the designated transferee or transferees, one or more new Bonds of any Authorized Denomination or Denominations of a like aggregate principal amount, having the same stated maturity and interest rate, as requested by the ransferor• provided, however, that no Bond may be registered in "bearer" similar des not , . blank or in the name of bearer or g At the option of the Helder, Bonds may be exchanged for Bonds of an Authorized Denomination or Denominations of a like aggregate principal rincipal amount and stated maturity, upon surrender of g the Bonds to be exchanged at the principal office of the Band Registrar, Whenever any Bonds are so surrendered for exchange, the city shall execute (if necessary) , and the Bond Registrar shall authenticate, insert the date of registration of, i deliver the Bends which the Helder making the exchange s entitled to receive. All Bonds surrendered upon any exchange or transfer provided for in this resolution shall be promptly canceled by the Bond Registrar and thereafter disposed of as directed by the city. All Bonds delivered in exchange for or upon transfer of shall be valid general obligations of the City evidencing Bonds g , the same debt, and entitled to the same benefits under this resolutions as the Bands surrendered for such exchange or transfers Every Bond presented or surrendered for transfer or exchange shall be duly endorsed or be accompanied by a written instrument of transfer, 'in form satisfactory to the Bond Registrar, dul y executed by the Holder thereof or his{ her or its attorney duly authorized in writing* The Bond Registrar may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection with the transfer or exchange of any Bond and any legal or unusual costs regarding transfers and lost Bonds. Transfers shall also be subject to reasonable regulations of the city contained in any agreement with the Bond Registrar,stray including regulations which permit the Bond Registrar to close its transfer books between record dates and payment dates, The Manager is hereby authorized to negotiate and execute the tens of said agreement 1006009.1 19