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6 <br />more, the Annual License Fee for the affected year shall be prorated for such time period, with <br />the amount of such pro-ration credited to the following year’s Annual License Fee. <br />7.6 Corporate Authority. The persons signing on behalf of the respective parties <br />represent that he/she has been duly authorized to execute this Agreement and has obtained all <br />necessary and applicable approvals to make this Agreement fully binding. <br />The parties have read and understand the foregoing terms of this Agreement and do, by <br />their respective signatures agree to its terms. <br />[SIGNATURE PAGE FOLLOWS]