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16. Binding Effect And Amendment. This Agreement <br />shall be binding upon the parties' respective representatives, <br />successors and assigns, and may not be modified, altered or <br />amended except by subsequent written agreement signed by both <br />parties. The obligations of Fieldcrest under this Agreement may <br />not be assigned without the prior written consent of City. <br /> <br />Executed this 21st day of August, 1989. <br /> <br />CITY O~ .~NAPOL!S <br /> <br /> # <br />FIELDCRE~CANNON, INC. <br /> / <br /> <br />(SEAS) <br /> <br />WATER COMPANY ACQUISITION CORPORATION <br /> <br />COR/K737501 <br /> <br />-10- <br /> <br /> <br />