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described more fully herein, EDC will disburse funding (provided by other counties and cities and from EDC's own funds) to Carolantic on a mutually agreeable basis to support certain marketing efforts of Carolantic which will provide benefit to EDC's efforts to recruit companies to the Site. For any materials or marketing efforts which are funded by EDC, Carolantic shall insure that the EDC receives full fair market value from the materials and marketing efforts in return for the funds provided by the EDC. The cooperative marketing efforts to be undertaken by Carolantic with financial support from EDC, for the initial period of this Agreement are as set forth in Attachment B. The Parties agree that they will in the future discuss and potentially agree upon additional cooperative marketing efforts for additional periods of time beyond the initial period of time set forth in Attachment B. Upon an agreement between the Parties as to additional cooperative marketing efforts for additional periods of time, a description of those marketing efforts to be funded in part by EDC will be initialed by representatives of both of the Parties and that description will be inserted into Attachment B. ARTICLE II FUNDIN� 2.01. EDMirolantic Fundfn& EDC and Carolantic will be solely responsible for all funding necessary to support each Party's individual marketing efforts that are not being undertaken cooperatively by the Parties. The funding for cooperative marketing efforts in conjunction between EDC and Carolantic, either from the EDC's fund or funds from local governments in the vicinity of the. Site, will be maintained in a line item in the EDC's accounts separately from the other operating funds of EDC. Neither Party can obligate the other Party for any funding or financial obligations which are not previously agreed to in writing. 2.02. Implementation of Cooperative Marketing The cooperative marketing efforts between Carolantic and EDC will be based upon the following guidelines and procedures: NPRAU:782129.2-TSF4EPEARSON) 900000-02216