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Section 7. Other Provisions. <br />• 7.1. No Joint Venture. Nothing contained herein, nor any action of Seller or City <br />Council in approving or failing to approve this Agreement, shall be deemed or construed as <br />making either of those entities a partner or joint venturer with Buyer, or as creating a principal - <br />agent relationship or any other relationship except that of seller and buyer. <br />7.2. Notices. Any notice, election, waiver, or consent required or permitted to be given <br />under this Agreement shall be made in writing and, except as otherwise provided herein, shall <br />be deemed effective when hand -delivered or when delivered by United States registered or <br />certified mail, return receipt request, postage prepaid, addressed as follows: <br />To City of Charlottesville: To Buyer: <br />Gary O'Connell Frank R. Stoner, IV <br />City Manager Wrenson Corporation <br />P.O. Box 911 P.O. Box 6786 <br />Charlottesville, VA 22902 Charlottesville, VA 22906 <br />with a copy to: with a copy to: <br />• W. Clyde Gouldman, II <br />City Attorney George B. McCallum, III <br />City of Charlottesville McCallum & Kudravetz, P.C. <br />P.O. Box 911 250 East High Street <br />Charlottesville, VA 22902 Charlottesville, VA 22902 <br />7.3. Binding Agreement. Upon its execution and approval as required herein, this <br />Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their <br />respective successors and assigns. <br />7.4. Entire Agreement. This Agreement contains the entire agreement between the <br />parties with respect to the subject matter hereof. There are no understandings, oral or written, <br />with respect to this transaction, which are not explicitly set forth in writing in this Agreement. <br />7.5. Modification. Except as otherwise provided herein, this Agreement may be <br />modified and/or amended by and upon the express, written agreement of Buyer and Seller, <br />executed in the same manner and formality as this Agreement. Except as otherwise provided <br />herein, no modification and/or amendment of this Agreement shall be effective unless signed by <br />each party hereto. <br />0 9 <br />