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however that INC may tran~.er this Agreement or any of its interests or obligations hereunder to <br />any subsidiary of INC or the Insurer, if from and after such transfer the obligations of the <br />transferee hereunder shall be guaranteed by the Insurer under terms at least as favorable as the <br />terms of the Policy. <br />8.5 Governin~. <br />This Agreement and the rights and obligations of the parties hereunder <br />shall be governed by and construed and interpreted in accardance with the laws of the State of <br />Colorado. <br />8.6 Severabilitv. <br />In the event any provision of this Agreement is declared invalid or <br />unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render <br />unenforceable any other provisions hereof. <br /><. <br />,. ~~,~~~ <br />8.7 Counterparts. ; ~-~ <br />This Agreement e te ~~umber of copies and by the <br />different arties hereto on the same or s co ~~ e ,~s~each of which shall be deemed to be <br />P ~ <br />an original instrument. <br />8.8 Inte~ration of Terms. <br />This Agreement contains the entire agreement between the parties relating <br />to the subject matter hereof and supersedes all oral statements and prior writings with respect <br />thereto. <br />8.9 Descriptive Headin~s. <br />The descriptive headings of the various articles and sections of this <br />Agreement are inserted for convenience of reference only and shall not be deemed to affect the <br />meaning or construction of any of the provisions hereof. <br />This document is incorporated <br />into the contract b~ reference. <br />