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EXHIBIT 2 <br />29. Corporate Status <br />All corporate Subrecipients shall be registered with the California Secretary of State and shall be in good <br />standing, without suspension by the California Secretary of State, Franchise Tax Board, or Internal <br />Revenue service. The corporate Subrecipient shall maintain the good status standing with the Secretary of <br />State of California throughout the term of this Contract. Any change in corporate status or suspension <br />shall be reported by Subrecipient immediately in writing to County's Project Manager. If Subrecipient <br />fails to maintain good standing or has failed to be in good standing at the time of the effective date of this <br />Contract, County, in addition to all remedies available under the law and this Contract, pursuant to <br />Termination provision of this Contract, terminate this Contract for cause. <br />Subrecipient, by signing this Contract, does swear under penalty of perjury that no more than one (1) final <br />unappealable finding of contempt of court by a federal court has been issued against Subrecipient within <br />the immediately preceding two-year period because of Subrecipient's failure to comply with an order of a <br />federal court which orders the Subrecipient to comply with an order of the National Labor Relations <br />Board. <br />30. Equipment <br />All computer -related and electronic equipment purchased with funds provided under this Contract or <br />which are furnished to Subrecipient by County shall be considered "Equipment." This includes, but is not <br />limited to laptops, desktop computers, iPads, cell phones, PDAs, cameras, and DVD players. Title to all <br />items of Equipment purchased vests and will remain in County, and as such shall be designated by <br />County's Project Manager. The use of such items of Equipment is limited to the performance of this <br />Contract. Upon the termination of this Contract, Subrecipient shall immediately return any items of <br />Equipment to County or its representatives or dispose of them in accordance with the directions of <br />County's Project Manager. <br />Subrecipient further agrees to the following: <br />A. To maintain all items of Equipment in good working order and condition, except for normal wear and <br />tear. <br />B. To label all items of Equipment, do periodic inventories as required by County's Project Manager and <br />to maintain an inventory list showing where and how the Equipment is being used, in accordance with <br />procedures developed by County's Project Manager. All such lists shall be submitted to County's Project <br />Manager within ten (10) days of the request, therefore Inventory lists must be maintained for four (4) <br />years after final disposition of property. <br />C. To report in writing to County's Project Manager immediately after discovery, the loss or theft of any <br />items of Equipment. For stolen items, the local law enforcement agency must be contacted, and a copy of <br />the police report submitted to County's Project Manager. <br />D. To purchase a policy or policies of insurance covering loss or damage to any and all Equipment <br />purchased under this Contract, in the amount of the full replacement value thereof, providing protection <br />against the classification of fire, extended coverage, vandalism, malicious mischief and special extended <br />County of Orange MA-012-25010267 Page 42 of 52 <br />OC Community Resources Regional Workforce Consulting Services <br />