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Gas <br />"I I This A iecinent constitutes a enforceable contract and shall be iovemed and construed in <br />accordance with the laws of the Stale of North Carolina. The parties agree and submit, solely for <br />natter concerning this Aareemem. to the exclusive jurisdiction of the courts of North Carolina <br />and agree, solely for such purpose, that the only venue for any legal proceedings shall be Rake <br />Count% North Carolina. The place of this Agrenncnt, anti ul tranaamolis and a_reancnu <br />relatjng to it, and their sites and forum, shall be Wake Count` North Carolina, where all matters, <br />whether sounding in contract or ton, relating to its validity, consuvaion, interpretation, and <br />enforcement, shall be determined. <br />1.12 The parties agree that the State of North Carolina Depamnent of Commerce is a third party <br />beneficiary of this Agreement and may, at its option, enforce the terns of this Agreement or <br />appear as a party in any litigation concerning it. <br />'.13 The Company shall comply with all applicable federal, tuu, and local laws and tcgulaliuns. If a <br />the Company fails to comply with any law or regulation applicable to it, the Secrc(ary of DOC <br />may, in his sole discretion, temtinate the grant and declare that no future Grunt disbursement shall <br />be due and payable and'or require to reimburse DOC all or part of ant Grant foods previously <br />disbursed following the date of any such violation. <br />.,)4 Failure of the Applicant or DOC.' at any time to Icquirc performance of ant tern or provision of <br />this agreement shall in no manner al leci the riche of the Applicant or DOC at a later date to <br />enforce the same or to enforce ant future compliance with or performance of ari of the terms (ir <br />provisions hereof. No waiver of the Applicant or DOC of anv condition ur the breach of arty ton m, <br />provision or representation) contained in this Agreement, whether by conduct or otherwise, in any <br />one or Inure instances. shall be deemed to be of construed as a further or continuing waiver of ant <br />such condition or of the breach of that or any other term, provision or representation. <br />• ' 15 I - he Cnmpnm• k encouraged In utilize the services of North Carolina .small businesses and <br />minority. foni1c. and disabled contractors, to offer positions in connection .v th the project to <br />North Carolina residents and to use the Nonh Cowlins stave ports when reasonable and <br />convnercially practicable. <br />7.16 In addition to are rights and rcmeedics provided to Applicant and DOC by lart, DOC has the right, <br />Without prior notice to Company, any such notice bean_ expressly waived by Company to the <br />extent permitted by applicable law, upon the occurrence of any event herein which )svuld result in <br />the Company's obligation to repay some or all ofGrant monies disbursed hereunder (including <br />without limitation Sect ion 3,4 and 5 hereof), to ste -nlf and apply �?ainst any an)nunts due <br />hereunder, any amount owing from DOC to Company. In particular. the DOC shall apply [In, <br />right of sca>Ih to raducc any amounts for which the Company map be eligible under iu C6Dr1, by <br />the amount of repaynrenl due under this Agreement. <br />I'll iii( rant award shall Icrntin'ate and be null and void on December I.S. 2010, fl bs that dale <br />the Companv has not delivered back to the DOC, two originals of this A dub' <br />executed by an authorized officer of the Company and altested in the manner provided <br />below. This Grant is also subject to the requirement that the Applicant deb) er to the IMC <br />one original rich of Ihr LCCA and this Agreement_ doh a <ccu l oil h)• an authorized nl I <br />of file Applicant, within sixty (60) calendar days followina. the date on ohich the DOC sends <br />lhe5c agreement to the Applicant. <br />IN NVI MESS WHEREOF, the Company, the Related i'v1en)bet, and the Applicant have executed <br />this aerzcmcnt, intended to be under seal, effective as of the day and year first written above. <br />Urr v,;rtL C =: nil it :a Rutd :Igrrcmam !S-5- '0101 <br />