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current Federal Aid Railroad Signal Program participation and applicable AGENCY at <br /> the time of such replacement is warranted. <br /> 7. This Agreement will inure to the benefit of and be binding on the parties hereto, their <br /> successors, and assigns. <br /> 8. In the event any paragraph contained in this Agreement or any item, part, or term within <br /> any particular paragraph is determined by a court of competent jurisdiction to be invalid <br /> or unenforceable, the validity of the remaining paragraphs or items will not be affected; <br /> and the rights and obligations of the parties will be construed and enforced as if this <br /> Agreement did not contain that particular paragraph or item held to be invalid or <br /> unenforceable. <br /> 9. This Agreement may be signed in counterparts, any one of which will be deemed to be an <br /> original. The parties further agree that any facsimile copy of a party's signature is valid <br /> and binding to the same extent as an original signature. <br /> 6 <br />