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Developer under the terms of this Agreement, including, but not limited to, the <br /> provisions of subsection (a) above. <br /> 18 .4 In the event that Developer's insurance is cancelled, Developer shall provide <br /> replacement coverage or all work nitist cease as of the cancellation date until replacement <br /> insurance coverage is provided. <br /> 19. Workers' Compensation Insurance. Developer shall provide, or cause to be provided, <br /> Workers' Compensation insurance as required by law, and shall cause its contractors and their <br /> subcontractors, agents and representatives to also maintain Workers' Compensation insurance as required <br /> by law. No Work shall commence until such Workers' Compensation insurance is obtained and in full <br /> force and effect. <br /> 20. Compliance with Laws. Developer shall comply with all federal, state and local laws, <br /> ordinances and regulations in the performance of this Agreement. Developer shall, at its own cost and <br /> expense, obtain all necessary permits and licenses for the Work, give all necessary notices, pay all fees <br /> and taxes required by law and make any and all deposits legally required by those public utilities that will <br /> serve the residential development on the Property. Copies and/or proof of payment of said permits, <br /> licenses, notices, fee and tax payments and deposits shall be furnished to the City Engineer upon request. <br /> 2L Encroachment Permits. Developer shall obtain, at its sole cost and expense, any <br /> encroachment permits required by City in order to perform the Work. <br /> 22. Payments. Developer agrees that it will pay, when due, all those furnishing labor or <br /> materials in connection with the Work. Developer further agrees that pursuant to Government Code <br /> section 66499.7, the Payment Security provided by Developer in accordance with Section 13. 1 of this <br /> Agreement shall not be released if any mechanics liens or stop notices are outstanding, unless said liens <br /> are released by bond in compliance with Civil Code section 8424. <br /> 23. Notice of Breach and Default. The occurrence of any of the following constitutes a <br /> breach and default of this Agreement: <br /> p ) Developer refuses or fails to complete the Work within the time set forth herein <br /> or abandons the Work. <br /> (2 ) Developer assigns the Agreement without the prior written consent of City. <br /> (3 ) Developer is adjudged bankrupt or makes a general assignment for the benefit of <br /> creditors, or a receiver is appointed in the event of Developer's insolvency. <br /> (4 ) Developer or Developer's contractors, subcontractors, agents or employees, fail <br /> to comply with any terms or conditions of this Agreement. <br /> (5 ) Any delay in the construction of any portion of the Work or repairs, which in the <br /> reasonable opinion of the City Engineer, endangers public or private property. <br /> City shall serve written notice of breach and default upon Developer and the financial institution holding <br /> the securities. <br /> 24. Opportunity to Cure. If City gives Developer notice under Section 23 of breach and <br /> default of this Agreement, Developer shall have 30 days within which to correct, remedy or cure the <br /> REV: 06-04-15 VR <br /> Page 9 o 1.20 <br /> Al TY/AGR.2015.115/Btu Harbor <br />