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which Alliance Bioenergy closes on the Property and terminates one year from that date. <br /> In no event, shall the Option Term extend more than 18 months from the date of execution <br /> of this Option Agreement. The Option shall immediately terminate if Alliance Bioenergy <br /> is unable to close on the Property, or within 180 days of the execution of this Option <br /> Agreement, whichever occurs first. <br /> 4. County Retainage of Processed Vegetative Waste. If Alliance Bioenergy exercises the <br /> Option, the County will have the right to retain up to 40,000 tons of processed vegetative <br /> waste per year. <br /> 5. Quality and Quantity of Processed Vegetative Waste. The County does not guarantee <br /> the quality or quantity of processed vegetative waste that will be provided to Alliance <br /> Bioenergy. <br /> 6. No Charge or Fee for Processed Vegetative Waste. Alliance Bioenergy will not charge <br /> the County any fee or charge for accepting or receiving County's processed vegetative <br /> waste. <br /> 7 Acts of God. In the event of a hurricane or other significant act of God,which impacts the <br /> amount of vegetative waste, the County shall retain the right to utilize other methods of <br /> disposal of processed vegetative waste. <br /> 8. Final Contract. Upon exercise of the Option, County and Alliance Bioenergy shall have <br /> 60 calendar days to enter into a contract for the processed vegetative waste on mutually <br /> agreeable terms,which shall include the terms and conditions contained within this Option <br /> Agreement. <br /> 9. Governing LawNenue. This Option Agreement shall be governed by the laws of the <br /> State of Florida. Venue for any lawsuit brought by either party against the other party or <br /> otherwise arising out of this Agreement shall be in Indian River County,Florida, or, in the <br /> event of federal jurisdiction, in the United States District Court for the Southern District of <br /> Florida. <br /> 10. Notices. Any notice required hereunder shall be in writing and shall be delivered by <br /> personal delivery, courier, express or overnight mail, or certified mail, return receipt <br /> requested, addressed to the appropriate party as follows: <br /> If to County Jason Brown <br /> County Administrator <br /> Indian River County <br /> 1801 27th Street <br /> Vero Beach, Florida 32960 <br /> Page 2 of 3 <br />