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written or oral modifications to the Agreement. Each party represents and warrants to the other that <br />the Agreement is currently an effective, valid and binding obligation. <br />GE Ionics Inc. represents and warrants to City that, as of the date of this First <br />Amendment, City is not in default of any material term of the Agreement and that there have been no <br />events that, with the passing of time or the giving of notice, or both, would constitute a material <br />default under the Agreement. <br />City represents and warrants to GE Ionics Inc. that, as of the date of this First <br />Amendment, GE Ionics Inc. is not in default of any material term of the Agreement and that there <br />have been no events that, with the passing of time or the giving of notice, or both, would constitute a <br />material default under the Agreement. <br />3.4 Adequate Consideration. The parties hereto irrevocably stipulate and agree that <br />they have each received adequate and independent consideration for the performance of the <br />obligations they have undertaken pursuant to this First Amendment. <br />3.5 Counterparts. This First Amendment may be executed in duplicate originals, each <br />of which is deemed to be an original, but when taken together shall constitute but one and the same <br />instrument. <br />[Signatures on following page] <br />RVPUB\NGS\635122 _2_ <br />