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16.3 Termination. After the effective date of termination, the Board <br /> shall continue to exist for the limited purpose of discharging the <br /> Board's debts and liabilities, settling its affairs, and disposing of its <br /> property and surplus monies, if any. <br /> 17.0 Captions. <br /> The captions of this Agreement are for convenience and reference only <br /> and in no way define, limit, or describe the scope or intent of this <br /> Agreement. <br /> 18.0 Severability. <br /> The provisions of this Agreement are severable. If any section, <br /> paragraph, subdivision, sentence, clause, or phrase of the Agreement is <br /> held to be contrary to law, rule, or regulation having the force and effect of <br /> law, such decision shall not affect the remaining portions of this <br /> Agreement. <br /> 19.0 Counterparts. <br /> This Agreement may be executed in any number of counterparts, and <br /> each such counterpart hereof shall be deemed to be an original <br /> instrument, but all such counterparts together shall constitute but one <br /> agreement. The Fiscal Agent shall act as administrator of the Agreement <br /> for the purpose of maintaining the document and insuring its availability to <br /> all Participants. The Fiscal Agent shall provide notice to all parties in the <br /> event of the addition or withdrawal of a Participant. <br /> 20.0 Construction. <br /> Each provision of this Agreement has been reviewed and negotiated, and <br /> represents the combined work product of all Participant hereto. NO <br /> presumption or other rules of construction that would interpret the <br /> provisions of this Agreement in favor of or against the Participant <br /> preparing the same shall be applicable in connection with the construction <br /> or interpretation of any of the provision of this Agreement. <br /> 21.0 Governing Law. <br /> This Agreement, and the rights of the parties hereto, shall be governed by <br /> and construed in accordance with the laws of the State of Minnesota. <br /> 22.0 Entire Agreement_ <br /> The entire agreement between the Participants hereto is contained in this <br /> Agreement, and this Agreement supersedes all of their previous <br /> understanding and agreements, written and oral, with respect to the <br /> subject matter of this Agreement. <br /> Final 11-23, 2010 8 <br />