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_ .' Notwithstanding the change of control, Grantee remains legally responsible for any default under <br /> the Franchise not currenfiy known to Grantor, including, but not limited to, any franchise fees <br /> which may be due to the Grantor. <br /> <br /> Section 4 <br /> <br /> Any interest in the System and the Franchise or the control related thereto may be transferred to <br /> any entity wholly owned by TCIC or under common control with TCIC upon notice to the <br /> Grantor. <br /> <br /> The Grantor hereby consents to and approves the assignment, mortgage, pledge or other <br /> enctunbrance, if any, of the Franchise, System or assets relating thereto, or of the interests in the <br /> permitted holder thereof, as collateral for a loan. <br /> <br /> TCIC will cause the Grantee to complete the Pleasanton portion of the voluntary system upgrade <br /> currently under construction in the City of Livermore, and shall offer expanded programming on <br />- the Pleasanton system no later than December 31, 1996. If the Pleasanton portion of the <br /> voluntary system upgrade is not completed by January 1, 1997, TCIC will cause the Grantee to <br /> pay to Grantor liquidated damages as described in Section 4.3 of the Franchise Agreement, <br /> subject to the Force Majeure conditions described in Section 12.1 of the Franchise Agreement. <br /> <br /> Section 7 <br /> <br /> Section 7.3(e) of the Franchise Agreement is hereby deleted and substituted in its entirety to read <br /> as follows: <br /> <br /> "Upon completion of the Pleasanton portion of the voluntary <br /> system upgrade currently under commxction in the City of <br /> Livermore due m be completed no later than December 31, 1996, <br /> the Grantee will provide to Grantor a total of three (3) PEG access <br /> channels, to be used exclusively by the Grantor and the cities of <br /> Livermore, Dublin and San Ramon. <br /> <br /> The Grantor, in conjunction with the cities of Livermore, Dublin <br /> and San Ramon, shall designate one of the three PEG channels to <br /> be a shared channel with leased access programming in accordance <br /> with federal law. Grantor agrees to allow Grantee to place leased <br /> a~cess programming on the shared channel, using any time slots <br /> not used by the cities." <br /> 2 <br /> <br /> <br />