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Develapntent Agreenrent betweei: PANZICA INVESTMLNTS m:d Mayfield Vi[lage <br />3. ECONOMIC DEVELOPMENT AND FINANCIAL INCENTIVES: <br />The Village recognizes that the expansion of the operation of PANZICA <br />INVESTMENTS will have a positive effect on the economic well-being of the <br />Village. The Village will undertake every effort to secure financial incentives from <br />the State of Ohio including but not limited to Ohio Department of Development <br />Funds, Community Development Block Grants or the Job Creation Tax Credit in <br />order to facilitate the expansion of PANZICA INVESTMENTS within the Village. <br />4. AMENDMENT <br />This Agreement may be amended by mutual agreement of the parties. <br />5. ENTIRE AGREEMENT <br />This Agreement constitutes the entire agreement of the parties concerning the <br />subject matter hereof and supersedes all prior and contemporaneous <br />agreements, understandings and arrangements concerning such subject matter. <br />Page 2 of 3