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City of Sunny Isles Beach 18070 Collins Avenue, Sunny Isles Beach, Florida 33160 <br /> (305) 947-0606 phone (305) 949-3113 Fax <br /> Manager or his designee. All insurance policies and certificates of insurance shall provide <br /> that the policies may not be canceled or altered without thirty(30) days prior written notice <br /> to the City. Contractor shall also require and ensure that each of its sub-Contractors <br /> providing services hereunder (if any) procures and maintains, until the completion of the <br /> services, insurance of the types and to the limits specified herein. ANY EXCEPTIONS <br /> TO THE INSURANCE REQUIREMENTS IN THIS SECTION MUST BE <br /> APPROVED IN WRITING BY THE CITY. <br /> IV. TERMINATION AND REMEDIES FOR BREACH. <br /> A. If, through any cause within reasonable control, the Contractor shall fail to fulfill in <br /> a timely manner or otherwise violate any of the covenants, agreements or <br /> stipulations material to this Agreement,the City shall have the right to terminate the <br /> Services then remaining to be performed. Prior to the exercise of its option to <br /> terminate for cause, the City shall notify the Contractor of its violation of the <br /> particular terms of the Agreement and grant Contractor ten (10) days to cure such <br /> default. If the default remains uncured after ten (10) days the City may terminate <br /> this Agreement, and the City shall receive a refund from the Contractor in an amount <br /> equal to the actual cost of a third party to cure such failure. If Contractor fails, <br /> refuses or is unable to perform any term of this Agreement, City shall pay for <br /> services rendered as of the date of termination. <br /> (i.) In the event of termination, all finished and unfinished documents, data and <br /> other work product prepared by Contractor shall be delivered to the City and <br /> the City shall compensate the Contractor for all Services satisfactorily <br /> performed prior to the date of termination. <br /> (ii.) Notwithstanding the foregoing, the Contractor shall not be relieved of liability <br /> to the City for damages sustained by it by virtue of a breach of the Agreement <br /> by Contractor and the City may reasonably withhold payment to Contractor for <br /> the purposes of set-off until such time as the exact amount of damages due the <br /> City from the Contractor is determined. <br /> B. Termination for Convenience of City. The City may, for its convenience and without <br /> cause terminate the Services then remaining to be performed at any time by giving <br /> Contractor ten (10) days written notice. The terms of Paragraph 8A(i) and A(ii) <br /> above shall be applicable hereunder. <br /> C. Termination for Insolvency. The City also reserves the right to terminate the <br /> remaining Services to be performed in the event the Contractoris placed either in <br /> voluntary or involuntary bankruptcy or makes any assignment for the benefit of <br /> creditors. <br /> V. JURISDICTION, VENUE AND WAIVER OF JURY TRIAL. This Agreement shall <br /> be interpreted and construed in accordance with and governed by the laws of the State of <br /> Florida. All parties agree and accept that jurisdiction of any dispute or controversy arising <br /> out of this Agreement, and any action involving the enforcement or interpretation of any <br /> rights hereunder shall be brought exclusively in the Eleventh Judicial Circuit in and for <br /> 073-6759 Econolite Control Products.Inc. 4 <br />