AG 1999 06 21 - Laserfiche WebLink

Home Browse Search

proceedings, call (or have called) a meeting of its creditors, then this Agreement shall be deemed in default immediately upon such occurrence and the County, at its sole option, shall be entitled to any rights and remedies available to it under law or equity. 9.3 Transfer of Ownership - This Agreement shall not be assigned or transferred by LLC nor (solely at the option of the County) shall this Agreement continue if a controlling interest in LLC is sold without the prior written consent of the Board of County Commissioners, which consent if given shall be evidenced by a resolution of the Board. 9.4 Compliance Equal Opportunity Act - During the performance under the terms of this Agreement, LLC must at all times be in compliance with Title VII of the 1964 Civil Rights Act and the Equal Opportunity Act in 1972 or any successors to such Acts in that LLC shall not on the grounds of race, color, national origin, or sex, discriminate in any form or manner against the fi'anchisee's employees. LLC, in accepting this Agreement, shall by acceptance be deemed to have given assurance to Cabarrus County that this said franchise as granted by Cabarrus County is conditioned upon the veracity of such assurance. 9.5 Bond and Insurance Performance and Payment Bonds- LLC will execute the performance and payment Bonds included herein as security for the faithful performance and payment of all its obligations under this Agreement. This bond shall initially be in the amount of $100,000 in such form and with such sureties as are acceptable to the County. The required amount of the bond may be changed at the County's discretion. Prior to execution of the Agreement, the County may require LLC to furnish such other Bonds, in such form and with such sureties as the County may require. LLC's Liability Insurance - LLC will purchase and maintain such insurance as will protect it from claims under workmen's compensation laws, disability benefit laws or other similar employee benefit laws; from claims for damages because of bodily injury, occupational sickness or disease, or death of its employees including claims insured by usual personal injury liability coverage; from claims for damages because of bodily injury, sickness or disease, or death of any person other than its employees, from claims for injury to or destruction of tangible property including loss of use resulting therefrom -- any or all of which may arise out of, be attributable to, or result from the LLC's operations under the Agreement, whether such operations be by LLC or by any subcontractor, agent or anyone directly or indirectly employed by any of them or for whose acts many of them may be legally liable. This insurance shall be written for not less than any limits of liability specified herein or required by law, whichever is greater, and shall include contractual liability insurance. Before starting the work, LLC will file with the County certificates of such insurance, acceptable to the County. These certificates shall contain a provision that the coverage afforded under the policies will not be canceled or materially changed until at least thirty days prior written notice has been given to the County. Insurance Required A. General - Before starting and until completion of the term of the Agreement, LLC shall procure and maintain insurance of the types and to the limits specified in paragraphs (I) through (5) inclusive below.