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Honorable Mayor and City Council <br />City of Paris <br />Page 3 <br />6. As consideration for the services rendered by us and as reimbursement for the expenses <br />which we are to incur, it is understood and agreed that your City is to pay, and we are to accept, a cash fee <br />for such professional services in accordance with the fee schedule set forth herein. Such fee shall become <br />due and payable simultaneous~ with delivery of the obligations to the purchaser <br />7 In the event this proposed financing is not consummated, then the fee due us shall be <br />nothing; however, should the same or similar proposition again be considered within twenty-four (24) <br />months from the date of your acceptance hereof, then, at our option, the agreement covered by this <br />proposal shall apply to any obligations authorized. <br />8. It is further understood and agreed that we reserve the right to submit a bid for any <br />obligations offeredat public competitive sale. <br />This agreement may be terminated by either party by giving 30 days written notice to the <br />other party. <br />10. This proposal is submitted in duplicate and, when accepted by you, it will constitute the <br />entire agreement between your City and the undersigned for the purposes and considerations herein <br />specified. Your acceptance will be indicated by the signature of your Mayor, attested by your City Secretary <br />on both copies, and the return of one executed copv to us. <br />Respectfully submitted, <br />SOUTHWEST SECURITIES,INC. <br />a4' '4 'L. <br />By: 00 <br />' <br />Dan A. Almon, Senior Vice President <br />ACCEPTANCE <br />ACCEPTED pursuant to resolution adopted by the Mayor and City Council of the City of Paris, Texas, on <br />this the day of 12009. <br />Mayor <br />ATTEST: <br />City Secretary <br />