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00012 <br />COOPERATIVE MARKETING AGREEMENT <br />This Cooperative Marketing Agreement is entered into this day of January, 2017, <br />by and between Chatham County Economic Development Corporation, a North Carolina <br />nonprofit corporation ("EDC'J, and NAI Carolantic Realty, lncc., a <br />corporation ("Carolantie). The above entities are referred to herein singularly as a "Party" or <br />cumulatively as the "Parties." <br />RECITALS: <br />WHEREAS, there is located in Chatham County (the "County") a mega site consisting of <br />approximately acres that is being offered as an industrial park as more fully described at <br />Attachment ("the Site"); <br />WHEREAS, the Site has major economic development significance for the County in terms of <br />assisting in attracting company facilities which will lead to an increase in jobs and in significant <br />capital investments; <br />WHEREAS, the EDC works on behalf of the County in order to reduce the burden of that <br />government in promoting economic development, and thereby increasing the number of jobs and <br />tax revenues in the County; <br />WHEREAS, the Site will also have significant and positive economic development <br />implications for counties and municipalities within a broad geographical range around the Site's <br />location; <br />WHEREAS, the owners of the Site are represented by Carolantic for purposes of listing it for <br />sale, and advertising and marketing the site to recruitment prospects which might locate a facility <br />on the Site; <br />NPRAU:782129.2-TBF(EPEARSON) 900000-02216 <br />