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4. HAZARDOUS MATERIALS <br /> Grantee shall be responsible for securing any necessary or prudent studies, permits, or <br /> authorizations associated with treatment, removal, storage, or any other handling of <br /> hazardous substances including, but not limited to, toxic waste, petroleum waste, <br /> asbestos, and similar substances, prior to the removal of any vessel and water hazard <br /> pursuant to this Agreement. <br /> Grantee shall be responsible for the proper and lawful handling, abatement, removal, <br /> storage, and/or disposal of any hazardous substances encountered in the execution of <br /> this Agreement. <br /> 5. TITLES AND LIENS <br /> Grantee shall comply with all relevant provisions of the Harbors and Navigation Code <br /> regarding notices, hearings and liens in the performance of this Agreement. Grantee (in <br /> conjunction with local law enforcement) shall conduct a title search for all vessels <br /> presumed to be abandoned, as provided by Harbors and Navigation Code section 526. <br /> 6. MEDIA <br /> Grantee agrees to acknowledge DBW's financial support whenever work funded by this <br /> Agreement is publicized in any news media, brochures, or other type of promotional <br /> material. <br /> 7. OUTSIDE SERVICES <br /> It is understood and agreed that, at its discretion, DBW reserves the right to obtain <br /> marine salvage services outside the terms of this Agreement. <br /> 8. PERMITS AND DOCUMENTATION <br /> Prior to the removal of any eligible water hazard, the Grantee shall obtain all necessary <br /> permits, authorizations, and documentation necessitated by any applicable provision of <br /> law. <br /> 9. SECURING OF BIDS <br /> Grantee shall comply with any applicable laws and regulations governing the <br /> competitive bidding process when awarding subcontracts to marine salvage companies <br /> under this Agreement. <br /> 10. SUBCONTRACTORS <br /> The Grantee warrants that any marine salvage company performing work under this <br /> Agreement holds a valid business license and carries general commercial liability <br /> insurance coverage sufficient to fully insure against any and all risks of hazardous <br /> activities associated with the work to be performed under this Agreement. Grantee shall <br /> provide DBW with a certificate of insurance from any subcontractor prior to the <br /> commencement of any work under this Agreement. <br /> 3 <br />