Agenda 3-20-17 Regular Meeting - Laserfiche WebLink

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00016 a. Marketing events in which EDC might participate will be brought to the attention of Carolaptic. To the extent permissible, as determined by the organizers of such marketing events, EDC will cooperate in attempting to obtain approval for Carolantic to have certain of its representatives at those marketing events. b. Marketing events in which Carolantic might participate will be brought to the attention of EDC. To the extent permissible, as determined by the organizers of such marketing events, Carolantic will cooperate in attempting to obtain approval for EDC to heave some of its representatives at those marketing events. C. When either EDC or Carolantic are working with companies which may consider locating facilities on the Site, they will each attempt to allow the other Party to share in meetings with those prospects. Provided however it is understood that the final decision as to who may participate in those meetings will largely be controlled by the prospect. d. To the extent permissible, based upon the preference of each prospect, each of the Parties will keep the other updated as to customers or prospects which are considering the Site. e. EDC will receive funds from other local governments in the vicinity of the Site. These might be solicited by EDC or Carolantic. Those funds will be maintained in a separate line item on EDC's accounts for cooperative marketing. These funds and any other funding provided directly by EDC will be paid to Carolantic for cooperative marketing efforts undertaken by Carolantic as agreed to by the Parties periodically. Carolantic will provide to EDC an invoice for any funds it desires to have disbursed by EDC for the cooperative marketing efforts agreed to by the Parties. Those invoices shall state the purposes within the description of marketing efforts shown at Attachment B, which are to be undertaken by Carolantic and an itemization of the funds from NPRAL1:782129.2-TBF-(EPEARSON) 900000-02216