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Agmt23 Silicon Valley Social Venture Fund
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Agmt23 Silicon Valley Social Venture Fund
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Last modified
3/28/2023 10:54:30 AM
Creation date
3/28/2023 10:54:24 AM
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Agreement
Contractor Name
Silicon Valley Social Venture Fund
PROJECT NAME
Grant agremeent with Redwood City Together
RMP File Number
304.5
Date
3/7/2023
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City of Redwood City serving as fiscal agent for Redwood City Together <br />Grant Agreement <br />REV: 01-24-23 RL <br />with the terms of this Agreement shall constitute a waiver of these provisions with respect to <br />any subsequent breach or waiver by either party or its right at any time thereafter to require <br />exact and strict compliance with provisions of this Agreement. <br />4. This Agreement shall be construed and the rights and obligations of the parties hereto shall <br />be determined in accordance with the laws of the State of California, without regard to its <br />choice of law rules and principles. The parties agree that venue of any action arising out of this <br />Agreement shall be in San Mateo County, California. <br />5. This Agreement, including any exhibits, amendments or schedules thereto, contain the full <br />understanding and agreement of the parties with respect to its subject matter, and no waiver, <br />alteration or modification of any of the provisions to this Agreement shall be binding unless in <br />writing and signed by an authorized officer of both parties. Neither the course of conduct <br />between the parties nor trade usage shall act to modify or alter the provisions of this. <br />6. Any notice or other communication required or permitted to be made or given by either party <br />pursuant to this Agreement will be in writing and will be deemed to have been duly given: (i) <br />five business days after the date of mailing if sent by registered or certified U.S. mail, postage <br />prepaid, with return receipt requested; (ii) when transmitted if sent by facsimile, provided a <br />confirmation of transmission is produced by the sending machine, or if sent electronically by <br />portable document format (PDF) file; or (iii) when delivered if delivered personally or sent by <br />express courier service. All notices will be sent to the other party at its address as set forth <br />above or at such other address as such party will have specified in a written notice given in <br />accordance with this section. <br />Hold Harmless: <br />In accepting a grant from SV2, the Grantee Partner hereby irrevocably and unconditionally agrees, to <br />the fullest extent permitted by law, to defend, indemnify and hold harmless SV2, its officers, directors, <br />trustees, employees and agents, from and against any and all claims, liabilities, losses and expenses <br />(including reasonable attorneys’ fees) directly, indirectly, wholly or partially arising from or in <br />connection with any act or omission of the Grantee Partner, its employees or agents, in applying or <br />accepting such grant, in expending or applying the funds furnished pursuant to such grant or in <br />carrying out the program or project to be funded or financed by such grant, except to the extent that <br />such claims, liabilities, losses or expenses arise from or in connection with any willful or grossly <br />negligent act of SV2, its officers, directors, employees or agents. <br />Counterparts: <br />This Agreement may be executed in several counterparts, each of which will be deemed an original <br />but all of which together will constitute one and the same agreement. In the event that any signature <br />is delivered by facsimile transmission or sent electronically by portable document format (PDF), such <br />signature will create a valid and binding obligation of the party executing with the same force and <br />effect as if the facsimile or PDF signature page were an original thereof. <br />ATTY/AGR.2023.011/Silicon Valley Social Venture Fund (Organizational Grant) (Page 4 of 5)
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