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D. In reviewing a request for sale or transfer, the City may inquire into the financial and <br />operational qualifications of the prospective controlling party or transferee, and Grantee shall <br />assist the City in so inquiring. The City may condition said assignment or transfer upon such <br />terms and conditions as it deems reasonably appropriate, provided, however, any such terms and <br />conditions so attached shall be related to the financial and operational qualifications of the <br />prospective controlling party or transferee and to the resolution of outstanding and unresolved <br />issues of noncompliance with the terms and conditions of this Franchise by Grantee. <br />E. Notwithstanding anything to the contrary in this subsection, the prior approval of the City <br />shall not be required for any sale, assignment or transfer of the Franchise or Telecommunications <br />System to an entity controlling, controlled by or under the same common control as Grantee, <br />provided that that such proposed successor shall have the same or greater financial qualifications <br />as has Grantee as of the effective date of this Franchise or at the time of such sale, assignment, or <br />transfer, whichever financial qualifications are greater. The proposed assignee or transferee must <br />agree in a duly notarized writing to comply with all of the provisions of the Franchise. Further, <br />Grantee may pledge the assets of the Telecommunications System for the purpose of financing <br />without the consent of the City; provided that such pledge of assets shall not impair or mitigate <br />Grantee's responsibilities and capabilities to meet all of its obligations under the provisions of this <br />Franchise. <br />F. Grantee may sell or issue securities to its employees, or to the public, or in a private <br />placement to private investors, in accordance with applicable law, without the consent of the <br />City, provided, however, that such sale or issuance of securities is not likely to adversely affect <br />the ability of Grantee to perform all of its obligations under the Franchise. <br />13. MISCELLANEOUS PROVISIONS <br />13.1 Notices. <br />Throughout the term of the Franchise, each party shall maintain and file with the other a local <br />address for the service of notices by mail. All notices shall be sent postage prepaid to such <br />respective address and such notices shall be effective upon the date of mailing. The City or the <br />Grantee may change these addresses by written notice at any time. At the Effective Date of this <br />Franchise: <br />Grantee's address shall be: <br />Mobilitie, LLC <br />ATTN: Legal Department <br />2220 University Drive <br />Newport Beach, CA 92660 <br />The City's address shall be: <br />City of Everett <br />Paul McKee <br />3200 Cedar St. <br />Everett, WA 98201 <br />28 of 30 <br />