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(4. tension of Ttme for STATE. The STATE will have an extension of time to <br /> respond to the pending complaints concerning the Public Service Company Tax while the <br /> parties seek to obtain the enactment of the enabling legislation. The STATE will not file <br /> a response or objection and does not waive any objection to the pending complaint during <br /> the attempt to obtain the enactment of the enabling legislation. In the event the Tax <br /> Appeal Court determines that the attempts to obtain the enactment of the enabling <br /> legislation have failed, the STATE shall have thirty days from the filing of the Tax <br /> Appeal Court's determination of such failure in which to file a response to the pending <br /> complaints Therefore, the STATE vnll not file a motion to chsmiss while the enactment <br /> of the enabling legislation is still being worked on. <br /> 15. Attorneys' Fees. Costs. and Exgenses Each Party will beaz its own <br /> attomeys' fees, costs, and all other expenses and will not make claim against the other <br /> Party or any other party for attomeys' fees, costs, and other expenses incurred in the <br /> prosecution, defense, or settlement of the claims and matters involved herein. (however, <br /> this provision should not be deemed to contradict section 13 above concerning breach or <br /> disputes concerning this Agreement.) <br /> 16 No Pnor Assignment. The Parties represent and warrant that they have <br /> not assigned to any other pazty or entity any claim or interest in a claim which would <br /> otherwise be a claim released or wazved under this Agreement <br /> 17. Counterpazts. Tlus Agreement maybe executed in several counterparts, <br /> each of which shall be deemed an onginal, and all such counterparts together shall <br /> constitute one and the same instnunent <br /> 18. Facsimile Signature. Tlus Agreement maybe executed vta facsimile <br /> transrrussion <br /> 19. Knowledge of Terms and Advice of Counsel. The Pazties have been <br /> advised by legal counsel with respect to this Agreement, and they understand and <br /> acknowledge its terms, significance, and consequence <br /> 20. Authon .The execution and delivery of this Agreement by each of the <br /> Parties shall constitute a warranty and representation by that party that this Agreement <br /> <br /> has been duly and validly suthonzed by or on behalf of said Party and constitutes a <br /> legally binding obligation of such party, enforceable in accordance with its terms <br /> 21. Joint PreQaration. It is agreed that this Agreement was prepared jointly by <br /> <br /> the Pazties and that it shall not be construed for or against any party merely by reason of <br /> <br /> the fact that an opposing party prepazed a pazticulaz portion of the Agreement <br /> 22. Governing Law This Agreement shall be subject to and governed by the <br /> laws of the State of Hawaii. <br /> 23 Voluntary Agreement The Pazties hereby warrant and represent that the <br /> execution of this Agreement is being done freely and voluntarily <br /> AGREEMENT PAGE6 <br /> IMANHONO )39853 I <br /> <br />