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Minutes - 6-2-14 Reg. Meeting
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Minutes - 6-2-14 Reg. Meeting
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B K 00026 PG <br />b. Force Majeure. If unforeseen calamity, an Act of God, or financial <br />disaster is the alleged cause of the COMPANY'S failure to satisfy or <br />perform any obligation under this Agreement, the COMPANY may <br />request an extraordinary modification of this Agreement from the County. <br />The parties agree that any decision to allow such modification shall be at <br />the sole discretion of the COUNTY and the decision regarding any <br />extraordinary modification shall be final and not subject to review or <br />appeal. <br />C. Records. The COMPANY shall keep and maintain books and records, <br />and other documentation relating to the receipt and disbursement of Grant <br />funds and fulfillment of this Agreement, including, but not limited to, <br />records to verify the hiring, retention, discharge and salaries and benefits <br />paid to all employees covered by this Agreement and the amounts of Grant <br />funds expended for the purposes allowed under this Agreement. <br />d. Right to Inspect. Subject to any applicable federal or North Carolina laws <br />or regulations regarding employee privacy, the COMPANY agrees that <br />any duly authorized representative of the COUNTY shall have, at all <br />reasonable times and on reasonable notice, access to and the right to <br />inspect, copy, audit, and examine all relevant books, records, and other <br />documents relating to the Grant and the fulfillment of this Agreement <br />throughout the Agreement Period and for a period of six years thereafter. <br />e. If the COMPANY fails to keep and maintain books and records necessary <br />for verifying fulfillment of all terms of this Agreement, or if the <br />COMPANY fails to provide access and the right of inspection of the <br />records to a duly authorized representative of the COUNTY sufficient to <br />verify compliance with this Agreement, the COUNTY may, in its <br />discretion, declare the COMPANY to be in default of this Agreement, <br />withhold future payments due under this Agreement and/or require <br />reimbursement of all or any portion of Grant funds previously paid. <br />f. Prior to taking the action authorized by paragraph 7, a representative of <br />the COUNTY will endeavor to communicate with a representative of the <br />COMPANY to discuss the circumstances and actions being contemplated. <br />g. Non - Appropriations Provision. The COUNTY'S obligation to make <br />disbursements to the COMPANY under this Agreement is contingent <br />upon appropriations by the COUNTY and the availability of funds for the <br />Grant. <br />h. Jurisdiction. This Agreement constitutes a legally enforceable contract <br />and shall be governed and construed in accordance with the laws of North <br />Carolina. The parties agree and submit, solely for matters concerning this <br />Agreement, to the exclusive jurisdiction of the North Carolina General <br />6 <br />GKN Incentive Agreement — 6.2.14 <br />
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