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9a. Attachment A ARTICLE VI. FINANCING . Within 20 days of the date of execution of this Agreement, the Section 6.1. Financing Buyer shall submit to the Authority evidence of financing for the Improvements in compliance with the provisions of Section 2.1(b) of this Agreement. If the Authority finds that the financing is adequate in amount to provide for the construction of the Improvements, the Authority shall notify the Buyer of its approval. If the Authority rejects the evidence of financing as inadequate, the Buyer shall have 30 days or such additional period of time as the Buyer may reasonably require from the date of such notification to submit evidence of financing satisfactory to the Authority. If the Buyer fails to submit such evidence or fails to use due diligence in pursuing financing, the Authority may terminate this Agreement and both parties shall be released from any further obligation or liability hereunder. Closing shall not take place until Buyer has provided Authority with acceptable evidence of financing for construction of the Improvements. . Whenever the Authority shall Section 6.2. Copy of Notice of Default to Lender deliver any notice or demand to the Buyer with respect to any Event of Default by the Buyer in its obligations or covenants under this Agreement, the Authority shall at the same time forward a copy of such notice or demand to each holder of any Mortgage authorized by this Agreement at the last address of such holder shown in the records of the Authority. . In order to facilitate obtaining financing for the Section 6.3. Subordination construction of the Improvements by the Buyer, the Authority may, in its sole and exclusive discretion, agree to modify or subordinate this Agreement in the manner and to the extent the Authority deems reasonable, upon request by the financial institution and the Buyer. ARTICLE VII. PROHIBITIONS AGAINST ASSIGNMENT AND TRANSFER . The Buyer represents and agrees Section 7.1. Representation as to Redevelopment that its undertakings pursuant to the Agreement, are for the purpose of Development of the Property and not for speculation in land holding. The Buyer further recognizes that, in view of the importance of the Development to the general welfare of Roseville and the substantial financing and other public aids that have been made available by the Authority for the purpose of making the Development possible, the qualification and identity of the Buyer are of particular concern to the Authority. The Buyer further recognizes that it is because of such qualifications and identity that the Authority is entering into this Agreement, and, in so doing, is further willing to rely on the representations and undertakings of the Buyer for the faithful performance of all undertakings and covenants agreed by the Buyer to be performed. 441549v2 MNI RS275-1 7