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GENERAL TERMS AND CONDITIONS <br /> 3. Assign to THE BOARD, in the manner, at the times, and to the extent directed by the Authorized <br /> Representative, all of the rights, title, and interest of the Contractor under the orders and <br /> subcontracts so terminated, in which case THE BOARD has the right, at its discretion,to settle or <br /> pay any or all claims arising out of the termination of such orders and subcontracts; <br /> 4. Settle all outstanding liabilities and all claims arising out of such termination of orders and <br /> subcontracts,with the approval or ratification of the Authorized Representative to the extent the <br /> Authorized Representative may require, which approval or ratification shall be final for all the <br /> purposes of this clause; <br /> 5. Transfer title to THE BOARD and deliver in the manner,at the times,and to the extent directed by <br /> the Authorized Representative any property which, if the contract had been completed, would <br /> have been required to be furnished to THE BOARD; <br /> 6. Complete performance of such part of the work as shall not have been terminated by the <br /> Authorized Representative; and <br /> 7. Take such action as may be necessary, or as the Authorized Representative may direct, for the <br /> protection and preservation of the property related to this contract,which is in the possession of <br /> the Contractor and in which THE BOARD has or may acquire an interest. <br /> 43. WAIVER <br /> Waiver of any default or breach shall not be deemed to be a waiver of any subsequent default or <br /> breach. Any waiver shall not be construed to be a modification of the terms of this Contract unless <br /> stated to be such in writing and signed by Authorized Representative of THE BOARD. <br /> CERB Planning Contract Page I 20 <br />