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<br />nm-1 ....ql,~:i_pm"'n t ?!:" I\n l'!.0"'f~.1HV1y" of ml;! t",r:i." J. ~ ()f th~ p!:"opfll!r qll.al:i. +.y , all' .1':",':{1V. T.''''!d.''y' r;n"!!
<br />. ',;ont!r"'.<:!.b:n;, t.he ~ubconb:"'.~b);!:' !!Ih'!!!.l.\. f~,U.to make pt:ompt payment f.or mat.eri'!!!,l", labor Qr
<br />'''''qldp~nt furni.!!<hed and ,,"uppl,ied in and ;;>.b01It the perfo:r.ml\n('~e of the Subcontract Wo:t:k, or
<br />t",U. to flubmit h.l the Contractor sab.sfact:ory evidence (,r the payment by tho:!! ~l,h~ontr.actor
<br />of all i.ndebtedness incurred fo:t, m,1'l.terial, labor and equipment included in C\ny p:r:evin",'~
<br />monthly R1'!!(:tI~isit.ionr or if by rea~()n (;If a. disput"!J b'!!lbfl!'!en Sllbcontractor <lnd any Labor
<br />Union, the Pr.oject shall be subject: to picketinq by the Union o:r::t::he Subcont.ra.ctor shall
<br />fa-i.l to pl"!:r..f.orm any of thl"! other agreeIDl"!!nt:,; herein contl'\.ined, the Cont:r.act:or. shal.l be al;
<br />liberty, ~1ithout prejudice t.Q any right or. refM!!dy, on twenty...f011r (24) hours pr.ior ~fri tten
<br />or or2'l.l not.ioe to th1'!! ~.h~bcontr.a.ct.o.r, ei ther. to provid"", any l!1>ueh l.abor, m.ate:t'ials or
<br />equipment. and deduct th"", cos.t thereof, pl'lt'l fi.ft""en pe:r.:oent (15%) of such co~t for pr'Ofit
<br />"\nd ten p""''l::oent: (lO'i!l) of such co~t fer overhead ~.ltp"1!nses, from any payments then or
<br />thereafter. due the Suboontr.actor, o:t. to t:er.m.i.nat:e the employment of the Subcont1.oact.or for
<br />the Subcontract Work and to enter upon the Projec.t and take posse!'Jsion, for the purpose of
<br />comp1eting the Subcont:t:act Work, of all materi.a.ls , tool,.,;, and app1iances there'On and!:o
<br />empl'Oy a.ny other person or pe:t:sons (including Contractor's employees) to f.i.nish the
<br />Subcontract Work, and to provide the materials therefor; and in case of such
<br />disc'Ontinuance of the e.mployment of t:.he Subcontractor, the Subcontractor shall not be
<br />enti.tled t.o reco.":!iveany f1u:-l:her payment under this Subcontract: until the Project shall be
<br />~.,holly fi.n.i~hed and accepted, at whichtiroe, if the l.mpaid balance of the ~.m.ount to be
<br />paid under. this Subcontract shall exceed the cost incurred by .the Contractor in finishing
<br />the Subc'Ontr.act Work phIS fifteen percent (15\!!) of l!!uch cost for profit a.ndten peroent
<br />(lO%) of' S\1.ch cost fO:t: overhead eXp""'nses, ~"lcb excess shall be paid by the Contr.l.'l.ct'Or. to
<br />the Subc'Ontractor, b1.1t if such cost. plus 'Overhead and profit shall exceed s11ch unpaid
<br />balance, the Suhconb:actor shall pay the difference to t.he Contractor.
<br />IiC. MISCEI..LA.NEOUS
<br />9.01 In the event that the Contractor. becoll\t9s involved in any administrative
<br />proceedinq, litigati'On, arbitrati'On, 'Or any other proceedinq for the resolution of a
<br />dispute with the owner of the Project concerninq or re.lating in whole or' in part to the
<br />w'Ork being done on the Project as its relates to the Subcontract Work or the
<br />Subc'Ontract'Or's perf'Ormance of the Suboontract Work, the Contract'Or shall. qive the
<br />Subcontractor notice there'Of. 'l'hereupon, the Subcontractor shall have the oppornlni.ty to
<br />be represented by its own counsel at is expense in the said pr'Oceeding. Whether or not
<br />the Subc'Ontractor supplies it ONn counsel, it shlll,11 be bound by the outcome of the said
<br />pr'Oceedinq and any judg:men t, verdict, award or. decis.i,'On shall be bi.nding upon the
<br />Subcontract'Or.
<br />9.02 Disp,.ltes "Thich m.ay ari.se hereunder between the Contractor and the
<br />Subcontractor sha.Il n'Ot interfere with the di1iqent perfo:r:mance by the Subcont,ractor of
<br />the Subc'Ontr.act Work.
<br />9.03 Except as otherwise limi.t.ed in Secti.on 6.04, ab?Ve, the Cont:r.act'Or and the
<br />Subcontraoto:t:, and their heirs, executors, administ:t:ators, successors and assigns shall be
<br />bound and benefited by the c'Ovenants herein contaj.ned.
<br />9.04 This Subcontract is not intended to create any third party beneficiary rights
<br />in any party n'Or to create a contractual relationship between the parties hereto and any
<br />third parties; and the riqhts and p:r.ivileqes of this Subcontract sha.ll inur.e only to the
<br />benefit 'Of the par-ties hereto and, subject to the restrictions on assiqnment by
<br />Subcontractor stated above, their respective successors and assigns.
<br />9.05 Subcontra.ct'Or aqrees t'O reim.bl.lrSe t.he Con tract'Or, the o~.,ner. or the Architect
<br />for any and all Joeqa.l eKpenSe!!!l which a:r.e i.ncur.red because of a di.spu,te between the
<br />Subc'Ontra.ctor or a.nyparty claiming under. or in behalf of the Subcontractor., 1I,nd the
<br />C'Ontracto.r.
<br />9.06 This Agree-.rnent shall constitute the entire agreement between the part.ies and
<br />all pr.i_or negotiations are fM!!rged .into this Agreement. Any amendment, chanqo.":! or addit.ion
<br />to this Agreement shall be made 'Only in writinq I\\nd siqnedby both par.ties.
<br />9.07 The due date for receipt 'Of payments by Cont:ractor from thE! owner of the
<br />Project is ten days after tho.":! recei.pt and appr.'Oval by owner of a requisi ti'On for payment
<br />from the C'Ontract'Or.
<br />9.09 If any pr'Ovision o.f this s1..tbcontract. shall be held invalid, i t5 invalidity
<br />shall not affect any 'Other provisi'Ons of this subc'Ontract that can be qiven effect wi.thout
<br />the invalid provision, a.nd for this pu:rpose the provisions of this subc'Ontract. are he.r.eby
<br />declared t'O be severable.
<br />
<br />.Attest:
<br />
<br />Subc'Ontractor.:
<br />
<br />By:
<br />
<br />Title:
<br />
<br />Federal 10ft:
<br />
<br />Attest:
<br />
<br />FRONTIER BUILDING CORP.
<br />
<br />By: .__..._.........___.
<br />
<br />Title:
<br />
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