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Section 15. Aoalicable Law:Venue. This Purchase Agreement shall be interpreted, <br /> govemed and enforced in accordance with the law of the State applicable to contracts made and <br /> performed in such State. <br /> Very truly yours, <br /> RAYMOND JAIV�S&ASSOCIATES,INC., <br /> as Underwriter <br /> By: <br /> ����'`,�i�, <br /> � Robert Larkins <br /> Managing Director <br /> ' The foregoing is hereby agreed to <br /> and accepted at 4:15 PM Pacific time <br /> on Apri123,2015 <br /> PORT OF REDWOOD CITY <br /> By: <br /> Michael J.Giari <br /> Executive Director <br /> 17 <br /> 31498-001 I�BPA-FIN <br /> SF�321393079.5 <br />