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. . .' . . . . .~ .. Section 6.03. Execution of Counterparts. This Agreement may be executed in several separate counterparts, including by Additional Party Agreement, each of which shall be an original and all of which shall constitute one and the same instrument Section 6.04. Applicable law. This Agreement shall be governed by and construed in accordance with the laws of the State. Section 6.05. Tennination. (a) A Participant may terminate itself as a party to this Agreement, with or without cause, by providing written notice to the Pool at least 60 days prior to such termination. (b) Upon the vote of a majority of its full membership, the Board may order the termination of this Agreement by directing that all outstanding operating expenses of the Pool be paid and remaining assets of the Pool be distributed to Participants in accordance with their respective pro rata interests. Section 6.06. Tenn. This Agreement shall have an initial term beginning with the effective date set forth below and ending September 1, 1992 and shall be automatically renewed for one year on such date and each anniversary of such date, except with respect to any Local Government that may have terminated itself as a Participant or as otherwise directed by the Board. Section 6.07. Fiscal Year. The fiscal year for the Pool shall be set forth in the Bylaws. Section 6.08. Notices. Any notices or other information required or permitted to be given hereunder shall be sent (a) to the Pool as set forth in the Information Statement, and (b) to a Participant as set forth in its application to become a Participant or as otherwise provided by written notice to the Administrator. Section 6.09. Entire Agreement: Amendments. This Agreement represents the entire agreement and understanding of the Participants. This Agreement may be amended with the approval of a majority of the full membership of the Board, provided that notice of any such amendment is sent to all Participants at least 60 days prior to the effective date thereof. IN WITNESS WHEREOF the initial parties hereto have caused this Agreement to be executed as of the respective dates set forth below, to become effective of the latest such date. Houston Independent School District By: Is/Leonard Sturm 7/11/91 Deputy Superintendent of Finance Lewisville Independent School District By: /s/ Tom}. Zimmerer 7/8/91 Asst Superintendent for Business Humble llndependent School District By: /s/ Michael Novack 7/9/91 Business Manager San Antonio Independent School District By: /s/ Victor Rodriguez 7/22/91 Superintendent * 13 *