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<br />Section 5 <br />This Agreement shall be effective upon the Closing Date at which time Franchise and <br />System ownership shall have transferred from Franchisee to Transferee. <br /> <br />"City" <br />City of Redwood City <br /> <br />"Transferee" <br />Astound Broadband, LLC <br /> <br />By: <br /> <br />Barbara Pierce, Mayor <br /> <br />Its: <br /> <br />Date: <br /> <br />Attest: <br /> <br />Patricia Howe, City Clerk <br /> <br />Approved as to Form: <br /> <br />Stan Yamamoto, City Attorney <br />