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NORTH CAROLINA <br /> TRANSFER OF PARTNERSHIP INTEREST AGREEMENT <br /> CABARRUS COUNTY <br /> <br />1994, by and between KANNAPOLIS CHAMBER OF COM/~ERCE, INC., a North <br />Carolina non-profit corporation, with its principal place of <br />business in Kannapolis, Cabarrus County, North Carolina (herein- <br />after "Selling Partner"); THE GREATER CABARRUS COUNTY ECONOMIC <br />DEVELOPMENT CORPORATION, a North Carolina non-profit corporation, <br />with its principal place of business in Concord, Cabarrus County, <br />North Carolina (hereinafter "Buying Partner"); and CONCORD/CABAI~RUS <br />COUNTY C~AMBER OF COMMERCE, INC., a North Carolina non-profit <br />corporation with its principal place of business located in <br />Concord, Cabarrus County, North Carolina (hereinafter "Continuing <br />Partner"); <br /> <br /> W I T N E S S E T H: that-- <br /> <br /> WHEREAS, on August 30, 1991, Selling Partner and Continuing <br /> Partner formed a North Carolina General Partnership known as <br /> CF~AMBER OF COM14ERCE PROPERTIES (hereinafter the "Partnership"); and <br /> <br /> WHEREAS, Selling Partner desires to transfer to Buying Partner <br />all of its interest in the Partnership upon the terms and <br />conditions stated herein, with the consent of Continuing Partner. <br /> <br /> NOW, THEREFORE, in consideration of the premises and the <br />mutual covenants contained herein the parties hereto do hereby <br />agree as follows: <br /> <br /> 1. Selling Partner does hereby transfer to Buying Partner all <br />of its interest in that certain North Carolina General Partnership <br /> <br />1 <br /> <br /> <br />