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FAAC, INC. 2 - 2006
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FAAC, INC. 2 - 2006
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Last modified
1/3/2012 3:00:05 PM
Creation date
2/17/2006 4:49:32 PM
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Contracts
Company Name
FAAC Incorporated
Contract #
A-2006-014
Agency
Police
Council Approval Date
5/1/2006
Expiration Date
2/6/2011
Insurance Exp Date
5/1/2007
Destruction Year
2016
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<br />to pay any amount when due under this Agreement which must be cured immediately, the <br />defaulting Party will have thirty (30) days after receipt of the notice of default to either cure the <br />default or, if the default is not curable within thirty (30) days, provide a written cure plan. The <br />defaulting Party will begin implementing the cure plan immediately after receipt of notice by the <br />other Party that it approves the plan. <br /> <br />13.2 FAILURE TO CURE. If a defaulting Party fails to cure the default as provided <br />above in Section 13.1, unless otherwise agreed in writing, the non-defaulting Party may <br />terminate any unfulfilled portion of this Agreement. In the event of termination for default, the <br />defaulting Party will promptly return to the non-defaulting Party any of its Confidential <br />Information. <br /> <br />14. CONFIDENTIALITY <br /> <br />CONFIDENTIAL INFORMATION. During the term of this Agreement, the parties may <br />provide each other with Confidential Information. Each Party will: maintain the confidentiality <br />of the other Party's Confidential Information and not disclose it to any third party, except as <br />authorized by the disclosing Party in writing or as required by a court of competent jurisdiction; <br />restrict disclosure of the Confidential Information to its employees who have a "need to know" <br />and not copy or reproduce the Confidential Information; take necessary and appropriate <br />precautions to guard the confidentiality of the Confidential Information, including informing its <br />employees who handle the Confidential Information that it is confidential and is not to be <br />disclosed to others, but these precautions will be at least the same degree of care that the <br />receiving Party applies to its own confidential information and will not be less than reasonable <br />care; and use the Confidential Information only in furtherance of the performance of this <br />Agreement. Confidential Information is and will at all times remain the property of the <br />disclosing Party, and no grant of any proprietary rights in the Confidential Information is given <br />or intended, including any express or implied license, other than the limited right of the recipient <br />to use the Confidential Information in the manner and to the extent permitted by this Agreement. <br /> <br />15. INSURANCE <br /> <br />15.1. Prior to undertaking performance of workunder this Agreement, Seller shall <br />maintain and shall require its subcontractors, if any, to obtain and maintain insurance as <br />described below: <br /> <br />15.1.1. Commercial General Liability Insurance. FAAC shall maintain <br />commercial general liability insurance naming the City, its officers, agents, volunteers, <br />and employees as additional insured(s) and shall include, but not be limited to protection <br />against clairns arising from bodily and personal injury, including death resulting there <br />from and damage to property, resulting from any act or occurrence arising out of FAAC's <br />operations in the performance of this Agreernent, including, without limitation, acts <br />involving vehicles. The amounts of insurance shall be not less than the following: single <br />limit coverage applying to bodily and personal injury, including death resulting there <br />from, and property damage, in the total. amount of $1,000,000 per occurrence. FAAC <br />shall supply City with a fully executed additional insured endorsement in substantially <br />the form attached hereto as Attachment 2 to this Agreement upon execution of this <br />Agreement and shall be approved in form by the City Attorney. <br /> <br />Santa Ana, CSA <br />FAAC <br /> <br />Page 6 <br /> <br />2.6.06 <br />
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