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Agmt16 Wells Fargo Bank
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Agmt16 Wells Fargo Bank
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Last modified
8/30/2016 1:00:51 PM
Creation date
8/30/2016 12:49:11 PM
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Agreement
Contractor Name
Wells Fargo Bank
PROJECT NAME
Banking Services
Date
8/28/2016
MO Ref
16-138
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13 . Discrimination and Harassment Prohibited . Bank will comply with all applicable <br /> local , state and federal laws and regulations prohibiting discrimination and harassment. <br /> 14 . Termination . In the event of the Bank's failure to prosecute , deliver, or perform <br /> the Services, City may terminate this Agreement for nonperformance by notifying Bank <br /> in writing pursuant to the notice provisions of this Agreement. <br /> If City decides to abandon or postpone the work or services contemplated by this <br /> Agreement, City may terminate this Agreement upon written notice to Bank pursuant to <br /> the notice provisions of this Agreement. Termination will be effective immediately upon <br /> notification . <br /> Either Party upon tendering thirty (30) days written notice to the other party may <br /> terminate this Agreement. <br /> Bank will be paid for work performed up to the termination date; however, the total will <br /> not exceed the lump sum fee payable under this Agreement. <br /> 15. Covenants against Contingent Fees . Bank warrants that Bank has not employed <br /> or retained any company or person , other than a bona fide employee working for Bank, <br /> to solicit or secure this Agreement, and that Bank has not paid or agreed to pay any <br /> company or person , other than a bona fide employee, any fee, commission , percentage, <br /> brokerage fee, gift, or any other consideration contingent upon , or resulting from , the <br /> award or making of this Agreement. For breach or violation of this warranty, City will <br /> have the right to annul this Agreement without liability, or, in its discretion , to deduct <br /> from the Agreement price or consideration , or otherwise recover, the full amount of the <br /> fee, commission , percentage, brokerage fees, gift, or contingent fee. <br /> 16 . Claims and Lawsuits . Bank acknowledges that if a false claim is submitted to City <br /> by Bank, it may be considered fraud and Bank may be subject to criminal prosecution . <br /> Bank acknowledges that California Government Code sections 12650 et seq. , the False <br /> Claims Act applies to this Agreement and , provides for civil penalties where a person <br /> knowingly submits a false claim to a public entity. These provisions include false claims <br /> made with deliberate ignorance of the false information or in reckless disregard of the <br /> truth or falsity of information . If City seeks to recover penalties pursuant to the False <br /> Claims Act, it is entitled to recover its litigation costs, including attorney's fees. Bank <br /> acknowledges that the filing of a false claim may subject Bank to an administrative <br /> debarment proceeding as the result of which Bank may be prevented to act as a Bank <br /> on any public work or improvement for a period of up to five (5) years . Bank <br /> acknowledges disbarment by another jurisdiction is grounds for City to terminate this <br /> Agreement. <br /> 17. Jurisdiction and Venue. Any action at law or in equity brought by either of the <br /> Parties for the purpose of enforcing a right or rights provided for by this Agreement will <br /> be tried in the Federal and State Courts of Northern California and the Parties waive all <br /> provisions of law providing for a change of venue in these proceedings. <br /> 18 . Successors and Assigns. It is mutually understood and agreed that this <br /> Agreement will be binding upon the Parties and their respective successors. Neither this <br /> REV: 07-13-16 VR <br /> Page 5 of 6 <br /> ATTY/AGR/2016.186/WELLS FARGO BANKING AGREEMENT <br />
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