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ii. To CHT: Community Home Trust <br />P.O. Box 307 <br />Carrboro, NC 27510 <br />ATTN: Executive Director <br />Either the County or CHT may change the person or address to which any future Notice shall be <br />given as herein provided. <br />e. No Assignment. No transfer or assignment of the interest of CHT in this <br />Agreement shall occur without the prior written consent of the County; neither may CHT assign <br />this Agreement without the prior written consent of County. <br />f. Conflict of Interest. CHT agrees to abide by the provisions of 24 CFR 570.611 <br />with respect to conflicts of interest, and covenants that it presently has no financial interest and <br />shall acquire no financial interest, direct or indirect, that would conflict in any manner or degree <br />with the performance of services required under this Agreement. CHT further covenants that in <br />performance of this Agreement no person having such a financial interest shall be employed or <br />retained by CHT hereunder. These conflicts of interest provisions apply to any person who is an <br />employee, agent, consultant, or elected official or appointed official of the County, or any <br />designated public agencies or subrecipients that are receiving funds under the HOME <br />Investment Partnership Program. <br />g. Binding Effect. This Agreement shall be binding upon and shall inure to the <br />benefit of the parties hereto and their respective successors and assigns. <br />h. Indemnification. To the extent legally possible, CHT shall indemnify and hold <br />County, its officers, agents, and employees, harmless from and against any and all claims, <br />actions, liabilities, costs, including attorney fees and other costs of defense, arising out of or in <br />any way related to any act or failure to act by CHT, its employees, agents, officers, and <br />contractors in connection with this contract. In the event any such action or claim is brought <br />against County, CHT shall, upon County's tender, defend the same at CHT' sole cost and <br />expense, promptly satisfy any judgment adverse to County or to County and CHT jointly, and <br />reimburse County for any loss, cost, damage, or expense, including attorney fees suffered or <br />incurred by County. <br />i. Subcontracting. CHT shall not subcontract work under this Agreement, in <br />whole or in part, without the County's prior written approval. CHT shall require any approved <br />subcontractor to agree, as to the portion subcontracted, to comply with all applicable federal, <br />state, and local laws, rules, ordinances, and regulations at all times and in the performance of the <br />work and to comply with all applicable obligations of CHT specified in this contract. <br />Notwithstanding County's approval of a subcontractor, CHT shall remain obligated for full <br />performance of this contract and County shall incur no obligation to any subcontractor CHT <br />shall indemnify, defend, and hold County harmless from all claims of its contractors. <br />6 <br />