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y i SECTION 16 : FORFEITURE: Any neglect, failure or refusal to comply with any of the con- ditions of this franchise, which neglect, failure or refusal shall continue for more than ten ( 10 ) days following written notice thereof to the Grantee from said County, shall work a forfeiture hereof, and County, by its Board of Supervisors , may thereupon declare this franchise forfeited, and may exclude Grantee from further use of said highways under this franchise; and Grantee shall thereupon surrender all rights in and to the same, and this franchise shall be deemed to be and shall remain null , void and of no effect . SECTION 17 : SECURITY FOR FAITHFUL -PERFORMANCE: This franchise is granted on the condition that the Grantee shall at all times during the life of this franchise keep on file with the Board of Supervisors of said County security, acceptable to the County, for faithful performance under this Agreement which shall run to the benefit of the County in the sum of $10 ,000. 00 executed by a reputable surety or financial institution entitled to do business in the State of California. The said security shall contain the conditions that the Grantee shall well and truly observe, fulfill and perform each and every term and con- dition of this franchise, and that in case of any breach of any condition of said security, the.. whole amount of the sum therein named shall be taken and deemed .Lo be liquidated damages and shall be recoverable from the principal and from the surety or financial institution upon said security. The provisions of this section shall not exempt the Grantee from compliance with any of the laws of the County in force during the term tzeraof which required the Grantee to post a security other than the security required by this section. SECTION 18 : CCMPLIANCE WITH ORDINANCES , RULES , LAWS : Grantee shall construct, install and maintain all works hereunder in accordance and in conformity with all the ordinances and rules adopted by the Board or Supervisors in the exercise of its police powers and not in conflict with the laws of the State of California. % SECTION 19 ; BINDING: The provisions of this franchise and all rights , obligations and duties hereunder shall insure to and be binding upon the Grantee, its successors and assigns . SECTION 20 : EFFECTIVE DATE: This ordinance shall take effect and be in force from and after thirty ( 30 ) days atter its passage , and prior to the expiration -6-