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been placed on the Scrutinized Companies with Activities in the Sudan List and/or the Scrutinized <br />Companies with Activities in the Iran Petroleum Energy List. <br />Contractor certifies that it and those related entities of Contractor as defined by Florida law are <br />not on the Scrutinized Companies that Boycott Israel List, created pursuant to Section 215.4725 <br />of the Florida Statutes and are not engaged in a boycott of Israel. SWDD may terminate this <br />Agreement if Contractor, including all wholly owned subsidiaries, majority-owned subsidiaries, <br />and parent companies that exist for the purpose of making profit, is found to have been placed <br />on the Scrutinized Companies that Boycott Israel List or is engaged in a boycott of Israel as set <br />forth in section 215.4725, Florida Statutes. <br />17.4 Bankruptcy <br />SWDD reserves the right to terminate this Agreement if Contractor takes the benefit of <br />insolvency statute, or shall make a general assignment for the benefit of creditors, files a <br />voluntary petition in bankruptcy, petitions or answers seeking an arrangement for its <br />reorganization or readjustment of its indebtedness under the federal bankruptcy laws or under <br />any other law or statute of the United States, or any state thereof, or consents to the <br />appointment of a receiver, trustee, or liquidator of all or substantially all of its property. <br />SWDD reserves the right to terminate this Agreement if by order or decree of a court, the <br />Contractor shall be adjudged bankrupt, or an order shall be made approving a petition filed by <br />any of its creditors or by any of the Stockholders of the Contractor seeking its reorganization or <br />the readjustment of its indebtedness under federal bankruptcy laws or under any law or statute <br />of the United States or of any state thereof; provided that, if any such judgment or order is stayed <br />or vacated within sixty (60) days after the entry thereof, any notice of cancellation shall be and <br />will become null, void, and of no effect. <br />SWDD reserves the right to terminate this Agreement if by or pursuant to or under authority of <br />any legislative act, resolution, or rule, or any order or decree of any court or governmental board, <br />agency, or officer having jurisdiction, a receiver, trustee, or liquidator shall take possession or <br />control of all or substantially all of the property of the Contractor, and such possession of control <br />shall continue in effect for a period of sixty (60) days. <br />17.5 Default <br />SWDD may terminate this Agreement by written notice of default to the Contractor if Contractor <br />fails to perform or observe any of the material terms and conditions of this Agreement for a <br />period of thirty (30) days after receipt of notice of such default. Should Contractor make good <br />faith effort to cure any notified failure that exceeds the thirty (30) day period, SWDD shall retain <br />the right to make final determination on the termination for default. <br />Contractor may terminate this Agreement by written notice of a default to SWDD only upon <br />SWDD's material breach of a non-payment due under this Contract. A material breach shall not <br />include allowed deduction for Administrative Charges and shall not include any allowable <br />25 <br />ACTIVE: 38438749.1 <br />