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Proposal for Highest and Best Use Study1-4&LIk <br /> Mr. Scot Wrighton V4 loom <br /> Page 8 <br /> CONDITIONS <br /> The report will be prepared in accordance with our Standard Conditions, which are attached. <br /> To indicate your acceptance of this proposal, please sign and return it to us as authorization <br /> for us to proceed with the engagement. <br /> As a material inducement for Hotel & Leisure Advisors to enter into this agreement for <br /> services and for value received, and the consideration of Hotel & Leisure Advisors' <br /> performance in providing appraisal and consulting services for the client, the signature on <br /> this letter guarantees the company's timely payment of this agreement.This includes, but is <br /> not limited to, the payment of any and all sums due pursuant to the agreement. This <br /> guarantee applies to services rendered prior to and after the above date. <br /> The terms of this agreement shall be interpreted and construed in accordance with the laws <br /> of the State of Ohio. The client hereby submits to the nonexclusive jurisdiction of the court <br /> having jurisdiction in the County of Cuyahoga, State of Ohio, and agrees not to raise and <br /> waive any objection based upon forum non conveniens. <br /> Thank you for this opportunity to be of service. We look forward to working with you on this <br /> assignment. <br /> Hotel & Leisure Advisors, LLC <br /> 0.'t f47",-, <br /> David J. Sangree, MAI, ISHC <br /> President <br /> I OTFI &I..FJS IKi Al)\'ISOWS A &L A <br /> t.- . <br />