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<br />July 15, 2024 Page 63 City of San Leandro/ACI Franchise Agreement <br />12.4 JURISDICTION 2490 <br />Any lawsuits between the Parties arising out of this Agreement shall be brought and concluded in the 2491 <br />courts of Alameda County in the State of California, which shall have exclusive jurisdiction over such 2492 <br />lawsuits. With respect to venue, the Parties agree that this Agreement is made in and will be performed 2493 <br />in Alameda County. 2494 <br />12.5 BINDING ON SUCCESSORS 2495 <br />The provisions of this Agreement shall inure to the benefit to and be binding on the successors and 2496 <br />permitted assigns of the Parties. 2497 <br />12.6 ASSIGNMENT 2498 <br />Neither Party shall assign its rights nor delegate or otherwise transfer its obligations under this Agreement 2499 <br />to any other Person without the prior written consent of the other Party. Any such assignment made 2500 <br />without the consent of the other Party shall be void and the attempted assignment shall constitute a 2501 <br />material breach of this Agreement. 2502 <br />For purposes of this Section, "assignment" shall include, but not be limited to: (i) a sale, exchange, or other 2503 <br />transfer of substantially all of Contractor's local, regional, and/or corporate assets dedicated to service 2504 <br />under this Agreement to a third party; (ii) a sale, exchange, or other transfer of ten percent (10%) or more 2505 <br />of the local, regional, and/or corporate stock or ownership of Contractor to a Person (other than a transfer 2506 <br />of shares in Contractor by the owner of such shares to members of the owner’s family or a trust for the 2507 <br />benefit of his family, to Contractor or to another owner of shares in Contractor) except that no cumulative 2508 <br />sale, exchange, or transfer of shares may exceed twenty percent (20%) during the Term of the Agreement 2509 <br />(other than a transfer of shares in Contractor by the owner of such shares to members of the owner’s 2510 <br />family or a trust for the benefit of his family, to Contractor or to another owner of shares in Contractor); 2511 <br />(iii) any reorganization, consolidation, merger, recapitalization, stock issuance or re-issuance, voting trust, 2512 <br />pooling agreement, escrow arrangement, liquidation, or other transaction to which Contractor or any of 2513 <br />its shareholders is a party that results in a change of ownership or control of ten percent (10%) or more 2514 <br />of the value or voting rights in the local, regional, and/or corporate stock of Contractor (excluding as the 2515 <br />result of changes in ownership or control between an owner of shares in Contractor and Contractor, 2516 <br />members of the owner’s family, or a trust for the benefit of the owner’s family, or to another owner of 2517 <br />shares in Contractor); (iv) any reorganization, consolidation, merger, recapitalization, stock issuance or 2518 <br />re-issuance, voting trust, pooling agreement, escrow arrangement, liquidation, or other transaction to 2519 <br />which Contractor or any of its shareholders is a party that results in a change of ownership or control of 2520 <br />ten percent (10%) or more of the value or voting rights in the local, regional, and/or corporate stock of 2521 <br />Contractor (other than from changes in ownership or control between an owner of shares in Contractor 2522 <br />and another owner of shares in Contractor) unless Contractor engages a professional manager to oversee 2523 <br />this Agreement; (v) divestiture of an Affiliate (e.g., trucking company, materials recovery facility, transfer 2524 <br />station) used by Contractor to fulfill its obligations under this Agreement; and, (vi) any combination of the 2525 <br />foregoing (whether or not in related or contemporaneous transactions) that has the effect of any such 2526 <br />transfer or change of local, regional, and/or corporate ownership and/or control of Contractor. For 2527 <br />purposes of this Section, the term "proposed assignee" shall refer to the proposed transferee(s) or other 2528 <br />successor(s) in interest pursuant to the assignment. 2529 <br />Docusign Envelope ID: 908A450D-1F36-4C09-B8A4-C1D639B5A05A