Terms of the agreement call for a "feasibility period" (as defined in the agreement) of 90 days during which FFC may inspect and perform due diligence procedures with respect to the property. The purchaser may elect to terminate the agreement at any time during this 90-day feasibility period. After this period, the purchaser would forfeit $100,000 of earnest money to the Company, should it elect not to proceed with the transaction. The agreement also subjects both parties to various conditions that must be met prior to closing that are usual and customary in such real estate transactions.