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8 <br />VII. GENERAL CONDITIONS <br />7.01 Amendments. The terms of this agreement may be changed only by mutual <br />agreement of the parties. Such changes will be effective only upon the execution of written <br />amendments signed by authorized officers of the parties to this agreement. <br />7.02 Noncompliance by Lendee. If the Council finds that there has been a failure to <br />comply with the provisions of this agreement, the Council may terminate the agreement at any <br />time following seven (7) days' written notice to the Lendee and upon failure of the Lendee to cure <br />the default within the seven -day period. If the Council finds that the Lendee's noncompliance is <br />willful and unreasonable, the Council may terminate or rescind this agreement and require the <br />Lendee to immediately repay the loan funds in full or in a portion determined by the Council. <br />Nothing herein will be construed so as to limit the Council's legal remedies to recover loan funds. <br />7.03 Unauthorized Use of Loan Proceeds. Upon a finding by Council staff that the <br />Lendee has made an unauthorized or undocumented use of loan proceeds, and upon a demand for <br />repayment issued by the Council, the Lendee agrees to promptly repay such amounts to the <br />Council. <br />7.04 Indemnification. The Lendee assumes liability for and agrees to defend, indemnify <br />and hold harmless the Council, its members, officers, employees and agents, from and against all <br />losses, damages, expenses, liability, claims, suits, or demands, including without limitation <br />attorney's fees, arising out of resulting from, or relating to the performance of this agreement by <br />Lendee or Lendee's employees, agents, or subcontractors. <br />7.05 Public Data. The Lendee agrees that the results of the Loan Project, the reports <br />submitted, and any new information or technology that is developed with the assistance of this <br />loan is in the public domain and may not be copyrighted or patented. <br />7.06 Equal Employment Opportunity; Affirmative Action. The Lendee agrees to <br />comply with all applicable laws relating to nondiscrimination and affirmative action. In particular, <br />the Lendee agrees not to discriminate against any employee, applicant for employment, or <br />participant in this project because of race, color, creed, religion, national origin, sex, marital <br />status, status with regard to public assistance, membership or activity in a local civil rights <br />commission, disability, sexual orientation, or age; and further agrees to take action to ensure that <br />applicants and employees are treated equally with respect to all aspects of employment, including <br />rates of pay, selection for training, and other forms of compensation. <br />7.07 Acknowledgment. The Lendee will appropriately acknowledge the loan assistance <br />made by the Council in any promotional materials, reports, and publications relating to the Loan <br />Project. <br />