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d.SELF INSURANCE If the Grantee is self-insured for a portion or all of its insurance, the Grantee shall provide evidence of self-insurance when requested by DBW. Review of financial information including a letter of credit may be required. The DBW reserves the right to request financial information. e.STATEMENT OF INSURANCE COVERAGE: Grantee certifies and agrees that they have all required insurance coverages as stated in the grant agreement, which will be in effect for the entire term of the agreement. Approver initials :Date: Name: Title: 23.TERMINATION a.DBW may terminate this Agreement for any reason upon thirty (30) days written notice to Grantee. b.If the Grantee fails to keep the required insurance in effect at all times during the term of this agreement, DBW may, in addition to other remedies it may have, terminate this agreement upon two days written notice. c.DBW may, by two-day written notice to Grantee and without any prejudice to its other remedies, terminate this agreement because of failure of Grantee to fulfill any of the requirements of this agreement. d.Upon receipt of any notice terminating this Agreement, Grantee shall immediately discontinue all removal and disposal activities affected, unless the notice directs otherwise. In such event, DBW shall pay Grantee only for removal and disposal activities completed prior to the termination date. e.Upon termination of this agreement, Grantee shall promptly return all advanced funds. At DBW’s sole discretion, DBW may offer an opportunity to cure any breach prior to terminating for default. 24.ASSIGNMENT This Agreement is not assignable by the Grantee, either in whole or in part, without the consent of the State in the form of a formal written amendment. 25.MATCHING 10% REQUIREMENT a.Section 525(C) of the Harbors and Navigation Code states, “A grant awarded by the department pursuant to subparagraph (A) shall be matched by a 10% contribution from the local agency receiving the grant.” b.The 10% contribution is in addition to funds awarded in the grant and may be made by cash and/or in-kind contributions from agency’s personnel hours (net hourly rate only with no benefits included) for work completed directly toward SAVE program objectives. Other SAVE-related expenses may be used with advance DBW approval in writing. c.If using personnel hours for in-kind match, only net, raw hours will be accepted, and Date: 08/12/2022 Contract # C22S0624, City of San Leandro Marina, Surrendered and Abandoned Vessel Exchange (SAVE) Fiscal Year 2022/2023 __________________________________________________________________________ Page: 13 of 4141