The Reservation Payment is fully refundable by us to you at anytime (for example, if you choose to cancel or abandon yourreservation, or if we decline to maintain you as a reservation holder).This Agreement does not constitute an agreement for the sale of aModel X and does not lock in pricing, a production slot, or anestimated delivery date. You are under no obligation to purchase aModel X from us, and we are under no obligation to supply you with aModel X or any other vehicle. If and when we notify you of theavailability of a Model X and you wish to proceed with the purchase ofa Model X, such sale and purchase will be governed by a separateand legally binding Purchase Agreement between you and us orbetween you and another Tesla subsidiary (Tesla).