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• <br />• <br />8. Execution; Certificates. The Certificates shall be <br />executed on behalf of the City by the manual signatures of its <br />Mayor and Administrator and be sealed with the seal of the City; <br />provided, however, that the seal of the City may be a printed <br />facsimile; and provided further that the corporate seal may be <br />omitted on the Certificates as permitted by law. In the event of <br />disability or resignation or other absence of either such <br />officer, the Certificates may be signed by the manual signature <br />of that officer who may act on behalf of such absent or disabled <br />officer. In case either such officer whose signature shall <br />appear on the Certificates shall cease to be such officer before <br />the delivery of the Certificates, such signature shall <br />nevertheless be valid and sufficient for all purposes, the same <br />as if he or she had remained in office until delivery. The City <br />may elect to deliver, in lieu of printed certificates, one or <br />more typewritten certificates in substantially the form set forth <br />above, with such changes as may be necessary to reflect more than <br />one maturity in a single certificate. <br />9. Date of Registration. The Certificate Registrar <br />shall insert as a date of registration the date of original <br />issue, which date is March 21, 2000. <br />10. Registration; Transfer; Exchange. The City will <br />cause to be kept at the principal office of the Certificate <br />Registrar a certificate register in which, subject to such <br />reasonable regulations as the Certificate Registrar may prescribe <br />(if other than the City), the Certificate Registrar shall provide <br />for the registration of Certificates and the registration of <br />transfers of Certificates entitled to be registered or <br />transferred as herein provided. <br />Upon surrender for transfer of any Certificate at the <br />principal office of the Certificate Registrar, the City shall <br />execute (if necessary)', and the Certificate Registrar shall <br />insert the date of registration (as provided in paragraph 9) of, <br />and deliver, in the name of the designated transferee or <br />transferees, one or more new Certificates of any authorized <br />denomination or denominations of a like aggregate principal <br />amount, having the same stated maturity and interest rate, as <br />requested by the transferor; provided, however, that no <br />Certificate may be registered in blank or in the name of 'bearer" <br />or similar designation. <br />At the option of the Holder, Certificates may be <br />exchanged for Certificates of any authorized denomination or <br />denominations of a like aggregate principal amount and stated <br />maturity, upon surrender of the Certificates to be exchanged at <br />the principal office of the Certificate Registrar. Whenever any <br />Certificates are so surrendered for exchange, the City shall <br />execute (if necessary), and the Certificate Registrar shall <br />1146366.1 <br />14 <br />