ORANGE, COUNTY OF (30) - Laserfiche WebLink

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I b. All notices shall be deemed effective when in -writing and delivered in -person or 2 deposited in the United States mail, first class, postage prepaid and addressed as above. 3 Any notices, correspondence, reports and/or statements authorized or required by this 4 AGREEMENT, addressed in any other fashion shall be deemed not given. The parties 5 hereto may change the addresses to which notices are to be sent by giving notice of such 6 change to the other party. 7 8 10. TERMINATION 9 a. Either party shall have the right to terminate this AGREEMENT prior to the 10 payment of funds, with cause immediately, or without cause with thirty (30) days written 11 notice. Any such termination shall be effected by delivery to the other party in a manner 12 prescribed in Paragraph 9 above, of a written "Notice of Termination" specifying the 13 extent to which performance of work under this AGREEMENT is terminated, and the 14 date upon which such termination became effective. 15 16 b. In the event AGREEMENT is terminated after funds have been remitted by 17 COUNTY to CITY, CITY or its successor in interest, shall refund all funds contributed 18 by COUNTY, to a total of $150,000, plus compound interest calculated from the date of 19 deposit through the date of refund, at the rate of six percent (6%) per year. Such 20 termination shall be effected by delivery to CITY of a written "Notice of Termination" 21 specifying the extent to which performance of work under this AGREEMENT is 22 terminated, and the date upon which such termination becomes effective. 23 24 11. SURETY 25 CITY agrees that in the event CITY, or its successor or successor in interest, does not 26 complete construction of said PROJECT as specified in Paragraph 2 above, AGREEMENT shall 27 be subject to termination as specified in Paragraph 10.b. above. 28 —6—