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<br />ARTICLE FIVE. EVENTS OF DEFAULT <br />5.01 The following acts of Vendor shall be considered events of default, entitling the City to <br />invoke any or all of the remedies provided for in this Agreement, and any other remedies <br />available to it for breaches of contract as provided for at law or in equity: <br />(a) The Vendor's insolvency; <br />(b) The Vendor's filing for bankruptcy or any other proceeding seeking protection <br />from creditors; <br />(c) The termination, cancellation, rescission, or suspension of any insurance policy <br />which the Vendor is required to maintain pursuant to the provisions of this Agreement; <br />(d) The conviction of Vendor, or any of its shareholders, officers or employees, of any <br />misdemeanor (other than minor misdemeanor traffic offense) or felony; <br />(e) The violation by Vendor, or any of its shareholders, officers or employees, of any <br />law, ordinance, or rule or regulation, of the federal, state, or local government or government <br />agency relating to the preparation, processing, cooking, handling or sale of food products; <br />(f) The Vendor's failure to comply with any obligation imposed upon it by this <br />Agreement. <br />ARTICLE SIX. CONTRACT REMEDIES <br />6.01 If the Vendor engages in conduct which constitutes an event of default as set forth <br />above, the City may terminate this Agreement after first giving Vendor notice in writing that <br />it is in default and affording Vendor five (5) days time to cure the default. <br />ARTICLE SEVEN. OTI3ER PROVISIONS <br />Modification <br />7.01 This Agreement may not be modified, amended, or supplemented in any manner except <br />by the express written agreement of both the Vendor and the City. <br />Affirmative Action and Equal Employment <br />7.02 The Vendor shall furnish satisfactory proof to the City that it is in full compliance with <br />all applicable Affirmative Action Equal Opportunity Laws, whether Federal, State or of the <br />5