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Nonassignment of Agreement. The Chamber shall not transfer or assign, <br />nor attempt to transfer or assign, this contract, or the license or any of the rights or <br />privileges granted within this Agreement, without the express written permission of the <br />City. The City is under no obligation whatsoever to grant any permission to the transfer <br />or assignment of this Agreement. <br />8. Compliance with Law. The Chamber agrees that in the performance of <br />this Agreement it shall comply with all City ordinances, and with all laws of the federal <br />government and the State of Arkansas, including but not limited to, bans on <br />discrimination on the basis of race, sex, color, national origin, gender, or disability, and <br />to the extent applicable, state or federal freedom of information laws. <br />9. Termination for Default. The City may terminate this Agreement without <br />penalty upon any default by the Chamber of any of the terms and conditions, provided <br />that if the City grants a period for cure of any such default, then termination will riot <br />occur until the opportunity for cure has passed. <br />10. Disclaimer. Entry into this agreement is for economic development purposes <br />only and in no way suggests that the City endorses or agrees with any position taken by <br />the Chamber, the state Chamber of Commerce, the United States Chamber of <br />Commerce, or any affiliated group. <br />11. Quarterly Reports. The Chamber shall submit not less than quarterly reports <br />to the City that comply with the requirements of the Act and otherwise illustrate the <br />activity of the Chamber including, but not limited to, business leads developed or <br />received, jobs created; capital investment committed, or federal or state economic <br />development dollars received. <br />12. Audited Financial Statements. The Chamber shall provide an audited <br />financial statement to the City for all economic development service activity. <br />13. Nonappropriation. The Chamber recognizes that funding provided for by this <br />Agreement is contingent upon the appropriation of public funds by the City. <br />