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5 <br /> C. Any purchase made pursuant to this Agreement is not a purchase from <br /> either of the parties. This Agreement shall create no obligation to either of <br /> the parties to purchase any particular good or service, nor create to either of <br /> the parties any assurance, warranty, or other obligation from the other party <br /> with respect to purchasing or supplying any good or service. <br /> 4. Duration Agreement—Termination. This Agreement shall continue in force <br /> until canceled by either party, which cancellation may be effected upon receipt by <br /> one of the parties of the written notice of cancellation of the other party. <br /> 5. Right to Contract Independent Action Preserved. Each party reserves the <br /> right to contract independently for the acquisition of goods or services without <br /> notice to the other party and shall not bind or otherwise obligate the other party to <br /> participate in the activity. <br /> 6. Compliance with Legal Requirement. Each party accepts responsibility for <br /> compliance with federal, state, or local laws and regulations including, in <br /> particular, bidding requirements applicable to its acquisition of goods and <br /> services. <br /> 7. Financing. The method of financing of payment shall be through budgeted <br /> funds or other available funds of the party for whose use the property is actually <br /> acquired or disposed. Each party accepts no responsibility for the payment of <br /> the acquisition price of any goods or services intended for use by the other party. <br /> 8. Filing. Executed copies of this Agreement shall be filed as required by Section <br /> 39.34.040 of the Revised Code of Washington prior to this Agreement becoming <br /> effective, <br /> 9. Interlocal Cooperation Disclosure. Each party may insert in.its solicitations for <br /> goods a provision disclosing that other authorized governmental agencies may <br /> also wish to procure the goods being offered to the party and allowing the bidder <br /> the option of extending its bid to other agencies at the same bid price, terms, and <br /> conditions. <br /> 10. Non-Delegation/Non-Assignment. Neither party may delegate the <br /> performance of any contractual obligation, to a third party, unless mutually <br /> agreed in writing. Neither party may assign this Agreement without the written <br /> consent of the other party. <br /> 11. Hold Harmless. Each party shall be liable and responsible for the consequence <br /> of any negligent or wrongful act or failure to act on the part of itself and its <br /> employees. Neither party assumes responsibility to the other party for the <br /> consequences of any act or omission of any person, firm, or corporation not a <br /> party to this Agreement. <br /> 1 5 <br /> r <br /> U:\TownCierk;agreetCityofEverettInterlocal.dry Page 2 of 3 <br />