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NOW, THEREFORE, in consideration of the premises and of the mutual covenants <br />contained herein and for other good and valuable consideration, the receipt of which is hereby <br />acknowledged, the parties hereto agree at follows: <br /> <br /> 1. Amendment of Exhibits. The Agreement is hereby amended by adding the <br />following Exhibits in substitution for the corresponding Exhibits attached to the Agreement: <br /> <br />Exlfibit A: Schedule of Basic Premium Payments <br />Exhibit B: Allocable Proportion for each Participant <br />Exhibit I: Notice Addresses <br /> <br /> 2. Adnfission of West Covina as a New Participant. West Covina is hereby admitted as <br />a Participant, effective as of the Effective Date (as defined in Section 5 hereof); provided, however, <br />that the Authority shall provide Coverage to West Covina, effective retroactively as of July 1, 2003. <br />In connection with the foregoing: <br /> <br /> (a) Solely in connection with the admission of West Covina as a Participant, each of the <br />Authority, Huntington Beach, Oxnard, San Bemardino, and Santa Ana hereby (i) waives the <br />provisions of subsection (a) of Section 6.1 of the Agreement pertaining to the date by which West <br />Covina is required to have become a member of the Authority and (ii) agrees that, notwithstanding <br />such subsection (a), such membership shall instead be effective on or before the Effective Date. <br /> <br /> (b) Solely in connection with the admission of West Covina as a Participant, each of the <br />Authority, Huntington Beach, Oxnard, San Bemardino, and Santa Ana hereby (i) waives the <br />provisions of subsection (b) of Section 6.1 of the' Agreement pertaining to the date by which West <br />Covina is required to have provided to the Authority a completed application for admission and <br />(ii) agrees that, notwithstanding such subsection (b), such application shall instead be provided on <br />or before the Effective Date. <br /> <br /> (c) Solely in connection with the admission of West Covina as a Participant, each of the <br />Authority, Huntington Be/tch, Oxnard, San Bemardino, and Santa Ana hereby (i) waives the <br />provisions of subsection (c) of Section 6.1 of the Agreement pertaining to the date by which West <br />Covina is required to have approved an amendment to the Agreement pursuant to which West <br />Covina shall become subject to all of the terms thereof as a Participant and (ii) agrees that, <br />notwithstanding such subsection (c), such approval by West Covina may instead be provided on <br />any date on or prior to the Effective Date. <br /> <br /> (d) Solely in connection with the admission of West Covina as a Participant, each of the <br />Authority, Huntington Beach, Oxnard, San Bemardino, and Santa Ana hereby (i) waives the <br />provisions of subsection (d) of Section 6.1 of the Agreement pertaining to the first date of the <br />Coverage Period for West Covina and (ii) agrees that, notwithstanding such subsection (d), such <br />Coverage Period shall instead commence retroactively as of July 1, 2003. <br /> <br /> (e) Solely in connection with the admission of West Covina as a Participant, each of the <br />Authority, Huntington Beach, Oxnard, San Bemardino, and Santa Ana hereby (i) waives the <br /> <br />Third Amendment to LRCA.DOC 2 <br /> <br /> <br />