8

Municipality prior Co any construction. The security will be
released by the Municipality to the Company upon acceptance of the
installation of the Equipment by the Municipal Engineer.

17. The Municipality and the Company mutually agree that
should the Company fail to carry out any of the terms, covenants
and conditions herein contained or default in any of its
obligations uncer the terms hereof or fail within thirty (30) days
after receiving written notice from the Municipality to correct any
guch failure capable of correction, then this Agreement shall
thereupon be null and void and of no affect and the Company shall
thereupon remove all its Equipment from the Service Corridors.

18. This Agreement shall be binding upon and shall enure to
the benefit of the parties hereto and their respective successors
and assigns. The Company shall ‘not assign, trangfer or sublet any
rights or privileges granted hereunder without the prior written

consent of the Municipality.

19. No use of a Service Corridor under this Agreement shall
create or vest in the Company any ownership or property rights in
a Service Corridor or any other property belonging to the
Municipality, and the Company shall be and remain a mere non-
exclusive licensee of the Service Corridor and placement of the
Equipment in a Service Corridor shall not create or vest in the
Municipality any ownership on. property rights to the Equipment.

20. Nothing in this Agreement shall be construed as affecting
any rights or otherwise of others not a party to this Agreement Co
use any Service Corridor in accordance with the Municipality's

legal authority.

a1. The Company agrees that it shall at its own expense
procure and carry or cause CO be produced and carried and paid for,
full Workers’ Compensation Board coverage for itself and all