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10A Action 2011 0418 Supplement
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10A Action 2011 0418 Supplement
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4/15/2011 1:23:49 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
4/18/2011
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10A Action 2011 0418
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the Agreement had the breaching party fully performed pursuant to the terms and <br /> conditions of this Agreement. <br /> 10. NOTICES. Any notices to be given hereunder shall be in writing, and shall be deemed to <br /> have been given (a) upon delivery, if delivered by hand, (b) three (3) days after being mailed <br /> first class, certified mail, return receipt requested, postage and registry fees prepaid, or (c) <br /> one Business Day after being delivered to a reputable overnight courier service, excluding <br /> the U.S. Postal Service, prepaid, marked for next day delivery, if the courier service obtains <br /> a signature acknowledging receipt, in each case addressed or sent to such party as follows: <br /> 10.1. Notices to Redflex: <br /> Redflex Traffic Systems, Inc. <br /> 23751 North 23` Avenue <br /> Phoenix, AZ 85027 <br /> Attention: PROGRAM MANAGEMENT <br /> Facsimile: (623) 207 -2050 <br /> 10.2. Notices to the Customer: <br /> City of San Leandro <br /> 835 East 14 Street, <br /> San Leandro, California 94577 <br /> Attention: Traffic Division <br /> Facsimile: (510)577 -3275 <br /> DISPUTE RESOLUTION. Upon the occurrence of any dispute or disagreement between <br /> the parties hereto arising out of or in connection with any term or provision of this <br /> Agreement, the subject matter hereof, or the interpretation or enforcement hereof (the <br /> "Dispute "), the parties shall engage in informal, good faith discussions and attempt to <br /> resolve the Dispute. In connection therewith, upon written notice of either party, each of the <br /> parties will appoint a designated officer whose task it shall be to meet for the purpose of <br /> attempting to resolve such Dispute. The designated officers shall meet as often as the <br /> parties shall deem to be reasonably necessary. Such officers will discuss the Dispute. If the <br /> parties are unable to resolve the Dispute in accordance with this Section 10, and in the event <br /> that either of the parties concludes in good faith that amicable resolution through continued <br /> negotiation with respect to the Dispute is not reasonably likely, then the parties may <br /> mutually agree to submit to binding or nonbinding arbitration or mediation. <br /> 11. MISCELLANEOUS. <br /> 11.1. Assignment. Neither party may assign all or any portion of this Agreement <br /> without the prior written consent of the other, which consent shall not be unreasonably <br /> withheld or delayed; provided, however, The Customer hereby acknowledges and agrees <br /> that the execution (as outlined in Exhibit F), delivery and performance of Redflex's <br /> rights pursuant to this Agreement shall require a significant investment by Redflex, and <br /> that in order to finance such investment, Redflex may be required to enter into certain <br /> agreements or arrangements ( "Financing Transactions ") with equipment lessors, banks, <br /> financial institutions or other similar persons or entities (each, a "Financial Institution" <br /> and collectively, "Financial Institutions "). The Customer hereby agrees that Redflex <br /> shall have the right to assign, pledge, hypothecate or otherwise transfer ("Transfer ") its <br /> rights, or any of them, under this Agreement to any Financial Institution in connection <br /> with any Financing Transaction between Redflex and any such Financial Institution, <br /> subject to the Customer's prior written approval, which approval shall not be <br /> unreasonably withheld or delayed. The Customer further acknowledges and agrees that <br /> 14 <br />
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