12. Any party may at any time give notice in writing to the other of any change of address of the party giving such notice and from and after the giving of such notice, the address therein specified should be deemed to be the address of such party for the Giving of notice hereunder.

13. This Agreement shall be construed in accordance with the laws of the Province of British Columbia.

14, Tf, at any time, any dispute, question or difference arises concerning the interpretation of this Agreement or of the respective rights or liabilities of the parties, such dispute, question or difference will be referred (except as herein provided) to a single arbitrator agreed upon by the parties. In the event that the parties are unable to resolve the matter in accordance with the foregoing paragraph, the provisions of the Commercial Arbitration Act of British Columbia and any amending or successor legislation will apply.

15. This Agreement will be binding upon and enure to the benefit of the / successors and permitted assigns of the respective parties.

16. The terms, covenants, provises, conditions and agreements made and given by Westview herein shall be construed and held to be several as well as joint in respect of Sandcastles and No. 16.!__ However, as between Sandcastles and No. 16, Sandcastles and No. i6 acknowledge and agree that all obligations of Westview set forth herein shall be fulfilled by Sandcastles on behalf of Westview. Genstar and Westview further agree that nothi set_out herein modifies or restricts the City’s statuto authority or discretion set out in an statute, bylaw or regulation to impose requirements or

controls in the development of land within the jurisdiction of the City.

IN WITNESS WHEREOF THE PARTIES HERETO have executed this Agreement as of the day and year first above written.

The Corporate Seal of IMASCO ENTERPRISES INC.

was hereunto affixed in the presence of:

Title:

c/s

Title:

Se et et ee Ne ae ee ee ee