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facts and circumstances related to the Dispute shall be "frozen" for a period beginning at <br />12:00p.m. (noon) on Monday, July 16, 2018, and ending at 11:59p.m. on June 7, 2021, unless <br />terminated earlier pursuant to the terms of a Fourth Amended Settlement Agreement between <br />1851 and Cabrillo signed as of January 14, 2021 (the "Settlement Agreement'). Paragraph 5d of <br />the Settlement Agreement provides that the Tolling Agreement shall be extended to the earlier <br />of (i) the date on which all of the "Contingencies" set forth in Paragraph 5 of the Settlement <br />Agreement are completely satisfied and (ii) June 7, 2021. In addition, as provided in prior <br />versions of this Tolling Agreement, this Tolling Agreement may also be terminated ten days after <br />receipt of written notice to terminate this Tolling Agreement delivered by one or more of the <br />Parties to each of the other Parties (a 'Termination Notice"). A Termination Notice shall be <br />delivered by Certified Mail and email to the addresses set forth below, which may be changed <br />by delivery of notice to each of the other Parties by Certified Mail and email. Termination of this <br />Tolling Agreement shall be effective ten (10) days after receipt of the Termination Notice by all <br />Parties. Upon termination of this Tolling Agreement, the respective positions of the Parties will <br />be as they stood at 12:00p.m. (noon) on July 16, 2018, and any relevant statutory or contractual <br />time periods will then resume. The elapsed time during the effectiveness of this Tolling <br />Agreement, however, shall not be counted toward any remaining relevant statutory or contractual <br />time periods. Nothing in this Tolling Agreement prevents any Party from asserting any claim or <br />defense in any action related to the Dispute if that claim or defense could have been asserted <br />as of 12:00p.m. (noon) on July 16, 2018, including, but not limited to, any claim or defense based <br />upon statutes of limitations, laches, or the passage of time. Further, nothing in this Tolling <br />Agreement shall prohibit 1851 from filing a claim based upon the Dispute at any time prior to the <br />termination of this Tolling Agreement. <br />The individuals signing this Tolling Agreement, including counsel signing on behalf of a Party, <br />represent that they are authorized to sign on behalf of the Party for whom they are signing. <br />This Tolling Agreement may be signed in counterparts by one or more of the Parties and those <br />counterparts, when taken together, shall have the same force and effect as if a single, original <br />document had been signed by all of the Parties. <br />K. For purposes of executing this Tolling Agreement, a facsimile signature shall have the same <br />force and effect as an original signature. <br />L. This Tolling Agreement contains the entire agreement of the Parties with respect to its subject <br />matter. All negotiations, agreements, statements, or promises between the Parties or their <br />agents with respect to this transaction are merged in this Tolling Agreement. <br />[Signatures on next page] <br />