4. This Agreement shall enure to the benefit of and be binding upon the parties hereto, and their respective successors and assigns. IN WITNESS WHEREOF the parties have hereunto caused their corporate or common seals to be affixed in the presence of their officers duly authorized in that behalf. THE CORPORATE SEAL of THE CORPORATION ) OF THE CITY OF PORT COQUITLAM was here~-) unto affixed this day of 1978 in the presence of: Mayor City Clerk SIGNED BY THE SAID DAVID PEAT AND GARRY J. DERKSEN this day of 1978 in the presence of: Witness DAVID PEAT ) ) ) ) ) ) ) ) ) ) Witness GARRY J. DERKSEN . doing business as tha GOLLYWOG TEEN DISCO/DANCE STUDIO.