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2. To the Grantee: Division President; Time Warner Cable, <br /> PO Box 568; 101 Innovation Avenue#100;Morrisville,NC 27560-0568 <br /> With a copy to: <br /> Division Vice President for Government and Public Affairs; Time Warner <br /> Cable; PO Box 568; 101 Innovation Avenue #100; Morrisville, NC <br /> 27560-0568 <br /> Section 22. Severability <br /> If any Section, subsection, sentence, clause, phrase, or other portion of this Franchise is, <br /> for any reason, declared invalid, in whole or in part, by any court, agency, commission, <br /> legislative body, or other authority of competent jurisdiction, such portion shall be <br /> deemed a separate, distinct, and independent portion. Such declaration shall not affect the <br /> validity of the remaining portions hereof, which other portions shall continue in full force <br /> and effect. <br /> Section 23. Non-Discrimination <br /> The Grantee shall not discriminate in any manner on the basis of factors prohibited by <br /> law. <br /> Section 24. Non-Divestiture <br /> This Franchise shall not divest the Grantor of any right or interest it may hold in any <br /> Public Rights-of-Way. <br /> Section 25. Performance Bond or Letter of Credit <br /> A. Within thirty(30) calendar days following the award of the Franchise,the Grantee <br /> shall deposit with the Grantor a letter of credit or bond from a financial <br /> institution, approved by the Grantor's Finance Director or designated <br /> representative,in the amount of$10,000 if the Grantor has up to 999 Customers, <br /> $25,000 if the Grantor has 1000 to 3,999 Customers, and $50,000 if the Grantor <br /> has over 4,000 Customers. The Grantor's attorney shall approve the form and <br /> content of the letter, that approval shall not be unreasonably withheld. The letter <br /> of credit or bond shall be used to insure the faithful performance of the Grantee of <br /> all provisions of the Franchise, and compliance with all orders, permits and <br /> directions of any agency, commission,board, department, division or office of the <br /> Grantor exercising jurisdiction over the Grantee's acts or defaults, and payment by <br /> the Grantee of any penalties, claims, liens, liquidated damages, fees due the <br /> Grantor. <br /> B. If the Grantee fails to pay to the Grantor any compensation, not in dispute, due the <br /> Grantor within the time fixed herein; or fails, after thirty(30) calendar days notice <br /> 15 <br />