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7.1 .D. - Page 27 <br /> provided to City replacement perforxnance, payment and warranty security in full conforxnance with <br /> the Agreement. <br /> 5. Bindin¢ Effect. This Assignment shall be binding on and inure to the benefit of the <br /> parties, their respective heirs, successors and assigns. <br /> 6. Countemarts. This Assignment may be executed in counterparts, each of which,when <br /> executed, shall be deemed an original. <br /> 7. Attorneys'Fees. The prevailing party in any litigation, arbitration or other proceedings <br /> arising out of this Assignment shall be reimbursed by the other party for all costs and expenses incurred <br /> in such proceedings, including reasonable attorneys' fees. <br /> 8. Governin¢ Law. This Assignment shall be governed by the laws of the State of <br /> California. <br /> [RENIAINDER OF PAGE INTENTIONALLY LEFT BLANK] <br /> ATN/AGR/2013.217/IMPROVEMENT AGR 601 MAIN ST <br /> REV: 11-12-13 VR <br /> Page 23 0£24 <br />