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The Group acknowledges that the Hotel anticipates benefits from this Agreement that go beyond the room,food and <br /> beverage, and meeting space charges contained herein. Accordingly,if this Agreement is cancelled or terminated by <br /> the Group for any reason other than a force majeure Event, the Group recognizes that the actual amount of damages <br /> that the Hotel will incur will be difficult or impossible to ascertain. Therefore,if this Agreement is cancelled for any <br /> reason other than as provided in the preceding paragraph or is otherwise ternunated or breached by the Group,the <br /> Group agrees to pay$15,000 as liquidated damages and not as a penalty(the "Liquidated Damages"). <br /> If the Hotel breaches this Agreement by failing to provide the accommodations contracted for in this Agreement for <br /> any reason other than a force majeure Event,the Group shall be entitled to recover its actual damages that are the <br /> result of such breach,subject to mitigation thereof as required by law and provided that in no case shall the Group's <br /> recovery of damages exceed the amounts actually paid to the Hotel under this Agreement. The Hotel shall not be <br /> liable for any indirect, special, consequential,or incidental damages of any kind. <br /> Governing Law;Attorney's Fees; Severability: This Agreement shall be governed by and interpreted under the <br /> laws of the State of Illinois. Should any legal proceedings be required to enforce any provisions of this Agreement, <br /> the prevailing party deternuned by the finder of fact,shall be entitled to recover all of its costs and expenses related <br /> thereto including without limitarion expert witness',consultants',and attorneys' fees and court costs. If any <br /> provision of this Agreement is determined to be unenforceable,the remaining provisions hereof shall conrinue in full <br /> force and effect and this Agreement shall be enforceable as if the provision found unenforceable were not contained <br /> herein. This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements, <br /> whether written or oral. <br /> Assignment of Agreement: The Group shall not assign this Agreement without the prior written consent of the <br /> Hotel. The Hotel shall have the unrestricted right to assign this Agreement to any successor owner of the Hotel, <br /> which assignment shall occur automatically as of the date of any such sale of the Hotel. Notwithstanding any <br /> assi ent whether or not consented to the Grou shall remain liable for all obli ations under this A reemen <br /> I � , , P g g t. <br /> Notices: Any notice required,under this Agreement,to be given should be sent to the following addresses: <br /> If to the Hotel: <br />� Decatur Conference Center and Hotel: <br />� 4191 West Hi hwa 36 <br /> g Y <br /> Decatur, Illinois 62522 <br /> Attention: General Manager <br /> A notice shall be deemed given: (a)upon receipt if sent by overnight nationally recognized courier;or(b)if mailed, <br /> three business days after its deposit,properly addressed and postage prepaid,with the United States Postal Service. <br /> Agreement Signatures: This Agreement shall become effective as of the date it is fully executed by the parties <br /> hereto,provided that such execution occurs before the Oprion Date. Until the effective date,no space or guest room <br /> arrangements herein are binding on the Hotel. Each party hereby represents to the other that each person who signs <br /> this Agreement below on its behalf is fully authorized to do so. <br /> Option Date:The Meeting Dates and Room Block will be reserved until OS/30/08(the "Option Date")by which <br /> date a copy of this Agreement signed by the Group must be returned to the Hotel. If the Hotel has not received the <br /> signed Agreement by OS/30/08,the Hotel will: release the guest rooms in the Room Block;cancel any meeting <br /> space and other arrangements for the Group;and have no further obligations to the Group under this When this <br /> Agreement is returned to the Hotel by 05/30/08 and signed by both parties it will be a binding contract and the <br /> Group will be liable for the Room Block based on the Meeting Rates to the extent the rooms in the Room Block are <br /> not used and paid for by the Group's guests("Group Guests")during the Meeting Dates. <br /> 5 <br />