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NEWTON PRINCIPLES
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Last modified
1/7/2020 4:36:15 PM
Creation date
1/6/2020 2:49:21 PM
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Contracts
Company Name
NEWTON PRINCIPLES
Contract #
A-2017-369-20
Agency
Planning & Building
Council Approval Date
11/21/2017
Expiration Date
12/31/2020
Destruction Year
2025
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G. Failure by OPERATOR to cooperate with CITY or CITY's authorized agents in any <br />inspection, examination and audit of OPERATOR's commercial cannabis business <br />books and records (including tax filings and returns). <br />H. OPERATOR shall cure the default resulting from the cause for termination within <br />thirty (30) days of the date of the notice of termination. If OPERATOR falls to cure <br />the default within thirty (30) days of the date of the notice of termination for cause, <br />this AGREEMENT will be terminated. <br />I. This AGREEMENT will automatically terminate if: <br />I. OPERATOWs Regulatory Safety Permit is revoked by CITY or is not renewed by <br />CITY, or <br />ii3OPERATOR transfers its Regulatory Safety Permit pursuant to Santa Ana <br />Municipal Code section 40-12. <br />9. Termination Without Cause. <br />Upon mutual written agreement of the Parties, this AGREEMENT may be terminated <br />with thirty (30) days' notice. <br />10, Termination -Effect on Prior Oblinations. <br />Upon any termination of this AGREEMENT, OPERATOR's obligation to report and remit <br />operating agreement fees due and payable under the terms of this AGREEMENT for each <br />month or fraction of a month of a cannabis business operation engaged in within the City of <br />Santa Ana prior to termination of this AGREEMENT shall continue to be in effect. Past due <br />penalties and late interest charges shall continue to accrue and be applicable until all <br />operating fees due under this AGREEMENT are paid in full. OPERATOR's liability for any <br />remaining unpaid past due penalties and/or late Interest charges shall continue until fully <br />satisfied. <br />11. Remedies. <br />A. It is acknowledged by the parties that CITY would not have entered into this <br />AGREEMENT if it were to be liable in damages under this AGREEMENT, or with <br />respect to this AGREEMENT or the application thereof, except as hereinafter <br />expressly provided. <br />R Each of the parties hereto may pursue any remedy at law or equitable relief available <br />for the breach of any provision of this AGREEMENT, except that CITY shall not be <br />liable In monetary damages, unless expressly provided for In this AGREEMENT. <br />C. Any dispute, claim or controversy arising out of or relating to this Agreement or the <br />breach, termination, enforcement, interpretation or validity thereof, including the <br />determination of the scope or applicability of this agreement to arbitrate, shall be <br />determined by -arbitration In Orange County California before three arbitrators. The <br />arbitration shall be administered by JAMS pursuant to its Comprehensive Arbitration <br />Rules and Procedures pursuant to JAMS' Streamlined Arbitration Rules and <br />Procedures. Judgment on the Award may be entered In any Court having jurisdiction, <br />
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