Financial- Melvin Mark (Files 1-2)

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~ ~ including whether or not such violation of such Applicable Law, or the application thereof to the Project or Owner, should be contested. Unless Owner shall elect to contest such violation or Applicable Law, Manager shall work with the architect to advise Owner as to such steps as are necessary to correct such violation or as are otherwise required to comply with Applicable Laws. If Owner elects to contest such violation of Applicable Law, Manager shall assist Owner in such contest and shall observe and consult with any professionai advisers retained to conduct such contest. Nothing herein shall be construed to require or permit Manager to fail to cure promptly any such violation or fail to comply promptly with any such Applicable Law, if such failure would or might expose Manager or Owner to any criminal liability. 7.3 Impositions Manager shall forward to Owner, for payment, all Impositions. Manager shall receive and review bills or statements ~or all Impositions and shall furnish receipted copies of such bills and statements to Owner. Manager shall also advise Owner (a) of any material increase in any Imposition, (b) whether the amoiuit of any Imposition should be challenged, and (c) the means available for obtaining a reduction of the same, together with its recommendations as to the course of action to be pursued. If Owner shall so request, Manager shall institute appropriate protests or challenges to the Imposition or take such other appropriate steps to obtain a reduction of the same. All linpositions and any expenses of Manager reasonably incurred in contesting the same or otherwise seeking a reduction thereof, including legal, professional, appraisal, and accounting fees, if required, shall be expenses of the Project, chargeable to Owner. 7.4 Insnection As necPSSary or appropriate, or when reasonably requested by Owner, Manager shall make physical inspections of the Project and work with the architect and the general contractor to make recommendations to Owner regarding maintenance or conservation work which may be necessary or appropriate to preserve or improve the value and profitability thereof. Manager shall notify Owner, promptly after Manager receives notice thereof, of any substantial damage to the Project or any personal injury or properiy damage suffered or claimed to have been suffered by any person on or with respect to the Project and Manager's recommendations with respect thereto. Manager shall forward to Owner all summonses, subpoenas, and other like legal documents served upon Manager relating to actual or alleged liability of Owner, Manager, or the Project, together with its recommendations with respect thereto. 7.5 Public Reports Manager shall assist Owner when requested in the preparation of reports as required by Applicable Laws. All fees and charges required to be paid in connection with such reports, including the fees and disbursement~ in connection with such reports, including the fees and disbursements of professional advisors related thereto, shall be an expense of the Project, chargeable to Owner. 10 o~as~9o.o~