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Change Order, if needed, at the agreed rate of $69, 624 (one dredge) and $87 , 751 (two dredges) per day as applicable. 7. From and after the effective date of this First Amendment, Article 2 of the Agreement, as amended prior to the effective date of this First Amendment, shall be amended to read in its entirety as follows: Article 2. COMMENCEMENT AND COMPLETION . 2. 1 . As time is of the essence, the Contractor has commenced work under the Contract Documents and shall complete the portions of the Project as specified in this First Amendment. 2 .2. Project completion of: (a) the Inlet Sand Source portion of Sectors 1 and 2 of the Project; and (b) all of the Sector 7 portion of the Project must occur prior to May 1 , 2007 , or such later date in May of 2007 to which the Permits are extended. The Contractor agrees, if the Sector 7 portion of the Project is not substantially complete by May 1 , 2007, or such later date in May of 2007 to which the Permits are extended, to demobilize completely from the Sector 7 Project site and, at the County' s sole option, to fully remobilize to the Sector 7 Project site no earlier than November 1 , 2007, at a mobilization/demobilization cost and unit cost to be mutually agreed by the County and the Contractor, and thereafter to complete the Sector 7 Project work by May 1 , 2008. These costs will be mutually negotiated and addressed under a separate bilateral Change Order. 2. 3. If the Inlet Sand Source portion of the Sectors 1 and 2 portion of the Project is not substantially complete by May 1 , 2007 or such later date in May of 2007 to which the Permits are extended, the County will either delete the remaining work on the Inlet Sand Source portion of the Sectors 1 and 2 portion of the Project or will mutually agree with the Contractor on the cost to complete the remaining Work. These costs will be mutually negotiated and addressed under a separate bilateral Change Order. 2. 4. The Contractor agrees to complete the Sectors 1 and 2 Offshore Sand Source component of the Project by May 11 2008 at a mobilization/demobilization cost to be mutually agreed by the County and the Contractor. This Addendum does not address any extra standby or unit costs for Sector 1 and 2 Offshore Sand Source Work. These costs will be mutually negotiated and addressed under a separate bilateral Change Order. 2. 5. Should the parties fail to mutually agree to the bilateral Change Orders contemplated in subparagraphs 2.2; 2. 3; and 2. 4 hereinabove by July 16, 2007 for the costs identified above to complete any of the remaining work, (or a later date as may be mutually agreed by the Parties in writing ) , the 3