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Contract - ORCO - 1977-01-25 in ASSIGNMENT OF CONTRACT FOR VALUABLE CONSIDERATION receipt of which is here- by acknowledged _he undersigned ORCO DISPOSAL SERVICE INC a California corporation ( ORCO ) hereby assigns to JAYCOX DISPOSAL SERVICE OF COSTA MESA INC a California corporation ( JAYCOX' ) all of its right title and interest in and to that certain Contract dated April 3 1974 as amended on August 7 1974 and on December 3 1975 by and between ORCO and COSTA MESA SANITARY DISTRICT OF ORANGE COUNTY ( DISTRICT' ) relating to the furnishing of all labor • material and equipment necessary for the collection of gar- bage within the boundaries of the DISTRICT This Assignment shall be effective as of February 1 1977 provided that on or before such date JAYCOX exe- cutes the Assumption Agreement set forth hereinbelow and delivers a fully executed copy thereof to the DISTRICT and to ORCO Dated Januarys- 1 1977 ORCO DISPOSAL SERVICE INC By ! 7 �. _� �. ASSUMPTION AGREEMENT FOR VALUABLE CONSIDERATION including without limitation S the assignment by ORCO DISPOSAL SERVICE INC a Califor- nia corporation ( ORCO ) of all its right title and in- terest in and to that certain Contract described in the foregoing Assignment of Contract to the undersigned JAYCOX DISPOSAL SERVICE OF COSTA MESA INC a California corporation ( JAYCOX ) hereby agrees to assume and perform all of ORCO s duties obligations covenants and agree- ments under the Contract and to observe all conditions and other terms in said Contract JAYCOX further agrees that this Assumption Agreement is for the benefit of COSTA MESA SANITARY DISTRICT OF ORANGE COUNTY and that it shall furnish to the District no later than February 1 1977 a Faithfull Performance Bond in the sum of Twenty Thousand Dollars ($20 000 00) pursuant to paragraph XIV of the Con- tract Dated Januar A75- 2'1977 JAYCOX DISPOSAL SERVICE OF COSTA MESA INC INDEMNIFICATION AGREEMENT ORCO DISPOSAL SERVICE INC a California corporation ( 'ORCO ) and JOHN H LINDLEY hereby agree to indemnify and hold harmless the COSTA MESA SANITARY DISTRICT OF ORANGE COUNTY ( DISTRICT ) its officers and its employees from ® any and all liability including any attorneys ' fees ex- pended on the part of the DISTRICT resulting from the -2- negligent operation of ORCO in the performance of its work prior to February 1 1977 under the Contract described in the foregoing Assignment of Contract Dated January 1977 ORCO DISPOSAL SERVICE INC JdHN H LINDLEY /i JOHN H LINDLEY CONSENT OF COSTA MESA SANITARY DISTRICT OF ORANGE COUNTY COSTA MESA SANITARY DISTRICT OF ORANGE COUNTY ( DIS- TRICT' ) as a party to that certain Contract described in the foregoing Assignment of Contract hereby consents to the assignment of the Contract to JAYCOX DISPOSAL SER- VICE OF COSTA MESA INC Recognizing that ORCO DISPOSAL SERVICE INC will be liquidated and dissolved within the near future the DIS- TRICT further consents and agrees to the assumption by JOHN H LINDLEY of all obligations of ORCO DISPOSAL SERVICE • -3- INC under the foregoing Indemnification Agreement The DISTRICT further agrees upon the execution of the foregoing Assumption Agreement by JAYCOX DISPOSAL SERVICE OF COSTA MESA INC to deliver to ORCO DISPOSAL SERVICE INC that certain Citizens Bank of Costa Mesa Certificate of Deposit maturity date July 30 1977 C-204 payable to ORCO DISPOSAL SERVICE INC AND COSTA MESA SANITATION DIS- TRICT or order fully endorsed by the DISTRICT to the order of ORCO DISPOSAL SERVICE INC Dated ,0l) z.* 1 ci17 COSTA MESA SANITARY DISTRICT • OF ORANGE COUNTY) 1 By i'ERPi a_ # President ROBERT 0 BRIGGS Secretary 4110 -4-