Orange County NC Website
5 <br />4. Bonds and Insurance. CMAR shall promptly notify both its bonding company <br />and Builders Risk .insurance carrier that the Agreement has been amended and that the <br />Guaranteed Maximum Price is now as set forth above, and shall obtain an updated or <br />replacement Builders Risk Insurance Binder and updated or replacement Payment and <br />Performance Bonds to reflect this Amendment all of which will be effective on the Execution <br />Date and bear that date. CMAR shall promptly provide copies of these updates or replacements <br />to Owner following CMAR's receipt thereof. <br />5. Continued Force and Effect. The Parties confirm the Agreement and <br />acknowledge and agree that, as amended by this Amendment, the Agree~rient is binding and is <br />and remains unchanged and in full force and effect_ _ <br />6. Counterparts. This Amendment may be executed in any number of counterparts <br />and all so executed shall constitute one agreement binding on all parties hereto, notwithstanding <br />that all Parties have not signed the same counterpart. Any signature delivered by a party by <br />facsimile transmission or by sending a scanned copy of the executed Amendment by electronic <br />mail shall be deemed, and shall have the same force and effect as, an original signature hereto. <br />CSignature Page to Follow] <br />2 <br />