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