Common use of VALIDITY AND TERMINATION OF AGREEMENT Clause in Contracts

VALIDITY AND TERMINATION OF AGREEMENT. This agreement, and its appendix, enter into force on July 1, 2008 and expire on June 30, 2009. However, both parties are authorized to cancel the agreement with a 30 day notice. If either one of the parties believes that the agreement has been seriously violated, the agreement may be terminated without prior notice. However, the other party shall be notified in writing immediately of the termination. This agreement replaces previously made agreements between the contracting parties in relation to HFF bond issuance and market making in the secondary market. If contracting parties agree, provisions of this agreement may be reviewed during the term of the agreement. Reykjavík, June 18 2008 The Housing Financing Fund XXXXXXXXXXXXX.

VALIDITY AND TERMINATION OF AGREEMENT. This agreement, and its appendix, enter into force on July 1, 2008 2011 and expire on June 30, 20092012. However, both parties are authorized to cancel the agreement with a 30 day notice. If either one of the parties believes that the agreement has been seriously violated, the agreement may be terminated without prior notice. However, the other party shall be notified in writing immediately of the termination. This agreement replaces previously made agreements between the contracting parties in relation to HFF bond issuance and market making in the secondary market. If contracting Contracting parties agreeagree to begin revising the agreement no later than May 1, provisions of this agreement may be reviewed during the term of the agreement2012. Reykjavík, June 18 2008 15, 2011 The Housing Financing Fund XXXXXXXXXXXXX.

VALIDITY AND TERMINATION OF AGREEMENT. This agreement, and its appendix, enter into force on July 1, 2008 2014 and expire on June 30, 20092015. However, both parties are authorized to cancel the agreement with a 30 day noticenotice until the contract has expired. If either one of the parties believes that the agreement has been seriously violatedviolated or in an event of force majeure, the agreement may be terminated without prior notice. However, the other party shall be notified in writing immediately of the termination. This agreement replaces previously made agreements between the contracting parties in relation to HFF bond issuance and market making in the secondary market. If contracting parties agree, provisions of this agreement may be reviewed during the term of the agreement. Reykjavík, June 18 2008 30, 2014 The Housing Financing Fund XXXXXXXXXXXXX.

VALIDITY AND TERMINATION OF AGREEMENT. This agreement, and its appendix, enter into force on July 1, 2008 2009 and expire on June 30, 20092010. However, both parties are authorized to cancel the agreement with a 30 day notice. If either one of the parties believes that the agreement has been seriously violated, the agreement may be terminated without prior notice. However, the other party shall be notified in writing immediately of the termination. This agreement replaces previously made agreements between the contracting parties in relation to HFF bond issuance and market making in the secondary market. If contracting parties agree, provisions of this agreement may be reviewed during the term of the agreement. Reykjavík, June 18 2008 xx 2009 The Housing Financing Fund XXXXXXXXXXXXX.

VALIDITY AND TERMINATION OF AGREEMENT. This agreement, and its appendix, enter into force on July 1, 2008 2015 and expire on June 30, 20092016. However, both parties are authorized to cancel the agreement with a 30 day noticenotice until the contract has expired. If either one of the parties believes that the agreement has been seriously violatedviolated or in an event of force majeure, the agreement may be terminated without prior notice. However, the other party shall be notified in writing immediately of the termination. This agreement replaces previously made agreements between the contracting parties in relation to HFF bond issuance and market making in the secondary market. If contracting parties agree, provisions of this agreement may be reviewed during the term of the agreement. Reykjavík, June 18 2008 xxxxx The Housing Financing Fund XXXXXXXXXXXXX.

VALIDITY AND TERMINATION OF AGREEMENT. This agreement, and its appendix, enter into force on July 1, 2008 2016 and expire on June 30, 20092017. However, both parties are authorized to cancel the agreement with a 30 day noticenotice until the contract has expired. If either one of the parties believes that the agreement has been seriously violatedviolated or in an event of force majeure, the agreement may be terminated without prior notice. However, the other party shall be notified in writing immediately of the termination. This agreement replaces previously made agreements between the contracting parties in relation to HFF bond issuance and market making in the secondary market. If contracting parties agree, provisions of this agreement may be reviewed during the term of the agreement. Reykjavík, June 18 2008 xxxxx The Housing Financing Fund XXXXXXXXXXXXX.

VALIDITY AND TERMINATION OF AGREEMENT. This agreement, and its appendix, enter into force on July 1December 17, 2008 and expire on June 30, 2009. However, both parties are authorized to cancel the agreement with a 30 day notice. If either one of the parties believes that the agreement has been seriously violated, the agreement may be terminated without prior notice. However, the other party shall be notified in writing immediately of the termination. This agreement replaces previously made agreements between the contracting parties in relation to HFF bond issuance and market making in the secondary market. If contracting parties agree, provisions of this agreement may be reviewed during the term of the agreement. Reykjavík, June 18 December 16 2008 The Housing Financing Fund XXXXXXXXXXXXX.

VALIDITY AND TERMINATION OF AGREEMENT. This agreement, and its appendix, enter into force on July 1December 10, 2008 and expire on June 30, 2009. However, both parties are authorized to cancel the agreement with a 30 day notice. If either one of the parties believes that the agreement has been seriously violated, the agreement may be terminated without prior notice. However, the other party shall be notified in writing immediately of the termination. This agreement replaces previously made agreements between the contracting parties in relation to HFF bond issuance and market making in the secondary market. If contracting parties agree, provisions of this agreement may be reviewed during the term of the agreement. Reykjavík, June 18 December 9 2008 The Housing Financing Fund XXXXXXXXXXXXX.