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assets from Toss due to theft, fraud and/or undue physical damage, and as a minimum shall purchase a blanket fidelity bond <br />covering all employees in an amount equal to cash advances from the City. <br />B. Time <br />Time is of the essence of all provisions of this Agreement. <br />C. Entire Agreement/Modifications <br />This Agreement constitutes the entire agreement of the parties hereto with respect to the Grant and supersedes <br />any prior agreements or understandings, written or oral, with respect to the Grant. Grantee is not relying upon any <br />promises, representations or understandings, written or oral, in entering into the Agreement, other than as <br />expressly set forth in the Agreement. Either party may request modifications in the scope of services, project duration, <br />performance or reporting standards, or other terms or conditions herein. Proposed modifications, which are mutually <br />agreed upon, shall be incorporated by written amendment to this contract signed by both parties. The City and Business <br />agree that this Agreement shall be modified if necessary to achieve compliance with HUD requirements. <br />D. Headings <br />The article and section headings in no way define, limit, extend or interpret the scope of this Agreement or of any <br />particular article or section. <br />E. Validity <br />In the event that any provision of this Agreement shall be held to be invalid, the same shall not affect in any respect <br />whatsoever the validity of the remainder of this Agreement. <br />F. Governing Law <br />This Agreement shall be governed by and construed in accordance with the laws of the State of Washington, and <br />the ordinances of the City of Everett, except to the extent federal law applies. <br />G. Counterparts <br />This Agreement may be executed in counterparts, and each such counterpart shall be deemed to be an original. <br />H. Future Support <br />The Grantor makes no commitment of future support and assumes no obligation for future support of the activity <br />contracted herein except as set forth in this Agreement. <br />I. Addresses <br />Written notices, requests, grievances or adjustments to the Community Development Division shall be made to: <br />Economic Development Department <br />City of Everett <br />2930 Wetmore Avenue, Suite 10-A <br />Everett, WA 98201 <br />Written notices, requests, grievances or adjustments to the Grantee shall be made to: <br />EVT Music Initiative <br />Ryan Crowther <br />3608 Norton Ave <br />Everett, WA 98201 <br />Notice shall be effective when hand -delivered during normal business hours or two (2) business days after mailing, <br />postage prepaid, to the proper address. Either party may change its address for notices by written notice as <br />specified above. <br />VI. SUBROGATION <br />2 <br />