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Attn: Orin Williams <br />8. ENTIRE AGREEMENT. This Agreement supersedes any and all agreements, either <br />oral or written, between the parties hereto with respect to the subject matter of this Agreement, and <br />contains all of the covenants and agreements between the parties with respect to this matter. Each <br />party to this Agreement acknowledges that no representations, inducements, promises or agreements, <br />orally or otherwise, have been made with regard to this matter by any party, or anyone acting on <br />behalf of any party, which are not embodied herein, and that no other agreement, statement, or <br />promise regarding this matter not contained in this Agreement shall be valid or binding. Any <br />modification or amendment of this Agreement will be effective only if it is in writing and signed by <br />both parties to this Agreement. <br />9. APPLICABLE LAW. This Agreement has been made and entered into in the State of <br />California and the laws of said State shall govern the validity and interpretation hereof and the <br />parties' performance hereunder. <br />10. SEVERABILITY. Whenever possible, each provision of this Agreement shall be <br />interpreted in such a manner as to be effective and valid under applicable law, but if any provision of <br />this Agreement shall be held by a court of competent jurisdiction to be invalid, void or unenforceable <br />under the applicable law, such provision will be ineffective to the extent of such prohibition or <br />invalidity, without invalidating the remainder of such provision, or the remaining provisions of this <br />Agreement. <br />11. REMEDIES FOR BREACH. Any material default in the performance of any terms or <br />conditions of this Agreement, by either party, shall constitute a breach of this Agreement. The non - <br />defaulting party shall provide thirty (30) day written notification to cure each and every breach <br />identified in the notification. In the event that the defaulting party fails to cure its default within such <br />period of time, the non -defaulting party shall have the right, notwithstanding any other provision of <br />this Agreement, to terminate this Agreement without further notice and without prejudice to any <br />other remedy to which it may be entitled at law, in equity, or under this Agreement. The failure of a <br />parry to object to any default in the performance of the terms and conditions of this Agreement shall <br />not constitute a waiver of either that term or conditions or any other term or condition of this <br />Agreement. <br />12. BINDING EFFECT AND NONASSIGNABILITY. This Agreement and all the <br />terns, covenants, conditions, and agreements herein contained shall be binding upon and inure to the <br />benefit of the Parties and their respective successors. This Agreement shall not be assignable by <br />either Party. <br />[SIGNATURES ONFOLLOWING PAGE] <br />Exhibit 1 <br />