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9. 2 . No Assignment , The CONTRACTOR shall not assign , transfer, or otherwise dispose of <br /> this Contract or its right, title , or interest in or to the same or any part thereof, or allow legal action <br /> to <br /> be brought in its name for the benefit of others , without previous consent of the OWNER <br /> and <br /> concurrence to by the sureties . Any attempted assignment shall be void and may, at the option of <br /> the OWNER be deemed an event of default hereunder. Nothing herein shall be construed as <br /> creating any personal liability on the part of any officer or agent of the OWNER who may be a party <br /> hereto . OWNER and CONTRACTOR each binds itself, its successors , assigns and legal <br /> representatives to the other party hereto and to its successors , assigns and legal representatives in <br /> respect of all covenants , agreements and obligations contained in the Contract Documents . <br /> 9 . 3 . Licenses . . The CONTRACTOR shall be properly licensed to practice its trade or trades <br /> which are involved in the completion of this Agreement and the work thereunder. <br /> 9 . 4 . Remedies And Choice Of Law This Agreement shall be governed by the laws of the <br /> State of Florida . Venue for any lawsuit brought by either party against the other party or otherwise <br /> arising out of this agreement shall be in Indian River County, Florida , or, in the event <br /> of federal <br /> jurisdiction , in the United States District Court for the Southern District of Florida . No remedy herein <br /> conferred upon any party is intended to be exclusive of any other remedy and each and every such <br /> remedy shall be cumulative and shall be in addition to every such remedy given hereunder or now or <br /> hereafter existing at law or in equity or by statute or otherwise . No single or partial exercise by any <br /> party or any right , power, or remedy hereunder shall preclude any other or further exercise thereof. <br /> 9 . 5 . Indemnification . CONTRACTOR agrees to indemnify and hold harmless the <br /> OWNER , together with its agents , engineers , employees, elected officers and representatives , <br /> from liabilities , damages , losses , and costs , including but not limited to , reasonable attorney's fees , <br /> to the extent caused by the negligence , recklessness or intentional wrongful misconduct of the <br /> CONTRACTOR and persons employed or utilized by the CONTRACTOR in the performance of <br /> the work under this Agreement . This indemnification and hold harmless provision shall survive the <br /> termination or expiration of this Agreement . The indemnification is limited to $5 million per <br /> occurrence . <br /> 9 . 6 . Availability of Funds . The obligations of the Owner under this Contract are subject to <br /> the availability of funds lawfully appropriated for its purpose by the Board of County <br /> Commissioners of Indian River County . <br /> 9 . 7 . Pledge of Credit . The CONTRACTOR shall not pledge the OWNER' S credit or <br /> make it a guarantor of payment or surety for any Agreement , debt, obligation , judgment, lien or <br /> any form of indebtedness . The CONTRACTOR further warrants and represents that it has no <br /> obligation of indebtedness that would impair its ability to fulfill the terms of this Agreement. <br /> 9 . 8 . Counterparts . This Agreement may be executed in one or more counterparts , but all <br /> such counterparts , when duly executed , shall constitute one and the same Agreement . <br /> 9 . 9 . Public Records . The OWNER and the CONTRACTOR shall comply with the <br /> provisions of Chapter 119 , Florida Statutes ( Public Records Law) in connection with this <br /> Agreement . <br /> 9 . 10 , Severability. If any term or provision of this Agreement or the application thereof to <br /> any person or circumstance shall , to any extent , be held invalid or unenforceable for the remainder <br /> of this Agreement , then the application of such term or provision to persons or circumstances <br /> other than those as to which it is held invalid or unenforceable shall not be affected , and <br /> every <br /> 00530-6 <br />