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Section 9. Distribution of Fees. The Reimbursable Fees collected by City pursuant to this Agreement shall be distributed in the ratio of ninety-five percent(95%) to Developer and five percent(5%) to City. The percentage allocated to City is based upon the cost of administration of this Agreement and is sufficient to compensate City for all of its costs and expenses in connection therewith. Section 10. Time and Manner of Disbursement. Disbursement of Reimbursement Fees collected by City pursuant to this Agreement shall be made to Developer within sixty(60)days of the collection thereof. For fees already collected for reimbursement of the Improvements, said disbursement shall be made upon completion of said work to the satisfaction of the City Engineer. The right to the Reimbursement Fees shall be personal to Developer and shall continue notwithstanding the subsequent sale or transfer of the Property. Developer shall have the right, in its sole discretion,to assign its interest to the Reimbursement Fees to another person or entity at any time by providing City written notice of such assignment. Developer hereby directs that any Reimbursement Fees due to Developer pursuant to this Agreement shall be payable to Ponderosa Homes II, Inc. and mailed to: Ponderosa Homes II, Inc. 6130 Stoneridge Mall Rd., Ste. 185 Pleasanton, CA 94588 Developer may change the payee and/or address of payments by notice in writing to City, such notice to be effective upon receipt by City. Section 11.Term. Ten years after the date of this Agreement, City shall cease collecting Reimbursement Fees and Developer shall not be entitled to the receipt of any further Reimbursement Fees pursuant to this Agreement. Section 12. Amendments. Any amendment, modification, suspension or cancellation of this Agreement must be in writing, signed by the appropriate authorities for City and Developer. Section 13. Disputes. Disputes arising under this Agreement shall be filed with the City Manager, who shall be authorized to resolve such disputes. Any decision made by the City Manager with respect to this Agreement may be appealed to the City Council. Any such appeal to the City Council must be