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11. Advice, Comprehension of Agreement. In entering into this Agreement, each Claimant represents and <br />warrants that (i) such Claimant has relied solely upon the legal and tax advice of such Claimant's own attorneys <br />and other advisors, who are the attorneys and advisors of such Claimant's choice, concerning the legal and <br />income taxconsequences of this Agreement; and (ii) the terms of this Agreement have been completely read <br />by end explained to such Claimant and are fully understood and voluntarily accepted by such. Claimant. <br />12. Description of periodic Payments. The Periodic Payments are as set forth in attached Addendum No. 1, <br />which is hereby Incorporated In and made a part of this Agreement, <br />1' In choosing governing law the parties should be aware that the effectiveness 'of both contractual and "legal' <br />restriction on assignment of rights to receive future Periodic Payments -including (i) contractual restrictions Integral <br />to the intended tax treatment of periodic payments and the annuities held as qualified funding assets and (iQ <br />statutes, regulations and "rule(s] of law" prohlbtting, restricting or requiring consent for assignments -may be Ilmlted <br />(unintentionally) by sweeping override provisions enacted in §§ 9-406 and 9-408 of Revised Article 9 of the Uniform <br />Commercial Code, ,vhich took effect in most states In July, 2009. Most states have enacted amendments that make <br />the overrides in §§ 9406 and 9-408 inapplicable to structured settlements; but until appropriate corrective <br />amendments are in effect nationwide, the parties to a qualified assignment may find it advisable to avoid <br />designating as governing law the lacy of a state that has not yet enacted such amendments. <br />10/11 [PL ISS QARJ Page 4 of W26140.11A <br />