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200405994 5.13 Payment not Evidence of Performance: No payment for Trade Contractor's Work shall be conclusive evidence of satisfactory performance or completion of the Work, either in whole or in part, and no payment, including Final Payment shall be construed as an acceptance of defective or faulty or improper Work or materials, nor shall it release Trade Contractor from any of its obligations under this Trade Contract, nor shall entrance upon or use of the Project by the Owner constitute acceptance of defective or faulty or improper Work, unless such acceptance or release is expressly stated in a Change Order. SECTION 6 Contract Deliverables 6.1 Contract Deliverables and Updating Thereof. On or before the execution of this Trade Contract, Trade Contractor shall deliver to SIGNATURE the following contract deliverable items which Trade Contractor certifies to SIGNATURE as being currently true, accurate and correct with no material changes: 6.1.1 A copy of its contractor's license, if required; 6.1.2 A copy of its Sales Tax Registration Certificate; 6.1.3 A copy of its payment and performance bonds, if required; 6.1.4 A list of all tiers of subcontractors and suppliers (including their addresses and the amounts due or to become due them), which list shall be updated with each Progress Payment Application showing all additions, deletions and substitutions to such list, the contract deliverables for each new subcontractor, supplier of any tier, and revised amounts due or to become due; 6.1.5 A copy of any certificate of qualification required by the Contract Documents or applicable law or regulation, including but not limited to certification as a Minority Business Enterprise or other status requiring certification; and 6.1.6 All other information required by this Trade Contract to be submitted contemporaneously with its execution. 6.2 Conditional Assignment and Undertaking to Continue Performance: 6.2.1 Obligation of Trade Contractor. Trade Contractor shall not enter into any agreement to Subcontract any portion of the Trade Contractor's Work or to purchase any materials or equipment unless it obtains from each such subcontractor or supplier, on forms furnished by SIGNATURE, a Conditional Assignment and Undertaking to Continue Performance on behalf of SIGNATURE. Trade Contractor shall deliver each original executed Conditional Assignment and Undertaking to Continue Performance to SIGNATURE within five (5) days of its execution. 6.2.2 Obligation of Subcontractor Supplier Vendor or Materialman. Each subcontractor or supplier shall execute the Conditional Assignment and Undertaking to Continue Performance, agreeing that it will continue and complete the performance of its contractual obligations on behalf of SIGNATURE at no additional cost to SIGNATURE beyond the remaining unpaid balance of in its subcontract price with Trade Contractor. 6.2.3 Activation by SIGNATURE. Upon written notice by SIGNATURE to any subcontractor or supplier that Trade Contractor has defaulted under this Trade Contract, without obligation of the subcontractor or supplier to independently confirm the accuracy of the assertion of such default, or to receive proof of the default, the Conditional Assignment to SIGNATURE shall become effective, and the subcontractor or supplier immediately shall undertake to continue performance as directed by SIGNATURE. 6.2.4 Limitation of SIGNATURE's Obli ag tion. Upon activation by SIGNATURE of the Conditional Assignment and Undertaking to Continue Performance, all prior payments received by the subcontractor or supplier, or paid to the Trade Contractor for the Work of the subcontractor or supplier shall be credited toward any sums due under the terms of the Conditional Assignment and Undertaking to Continue Performance. SIGNATURE shall not be obligated to perform or Initial / 4