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0 <br />24 '.'- 510 <br />per job, then the Company shall repay the LCEDC all or part of the Grant <br />at a rate of ONE THOUSAND DOLLARS ($1,000) per job eliminated or <br />not maintained for three years, and <br />If any Existing Jobs are eliminated or cease to exist prior to Closeout and <br />after payment by the LCEDC for any New Jobs at ONE THOUSAND <br />DOLLARS ($1,000) per job, then the Company shall repay the LCEDC <br />all or part of the Grant at a rate of ONE THOUSAND DOLLARS <br />($1,000) per Existing Job eliminated or not maintained through Closeout. <br />C. If the Company fails to provide Capital Investment in the amount of <br />TWENTY THOUSAND DOLLARS ($20,000) by October 31, 2013, then <br />the Company shall repay the LCEDC all or part of the Grant previously <br />paid at the rate of ONE DOLLAR ($I) for every dollar the actual�Capital <br />Investment falls short of TWENTY THOUSAND DOLLARS ($20,000) <br />and be ineligible for further payments under this Agreement. <br />6. ADDITIONAL PROVISIONS <br />a. The Company shall provide to the LCEDC on a quarterly basis or <br />upon the LCEDC's request all documentation deemed necessary by the <br />LCEDC to verify retention of the Existing Jobs, creation and maintenance <br />of the New Jobs, and expenditure of the Capital Investment described in <br />this agreement, including, but not limited to, Employment Security <br />Commission form NCUI 101, a list of all positions used in accounting for <br />the New Jobs and Existing Jobs, and the use of the Grant funds. <br />b. If unforeseen calamity, an Act of God, or financial disaster is the <br />alleged cause of the Company's failure to satisfy or perform any <br />obligation under this Agreement, the Company may request an <br />extraordinary modification of this Agreement from the LCEDC. The <br />parties agree that any decision to allow such modification shall be at the <br />sole discretion of the LCEDC and the County and the decision regarding <br />any extraordinary modification shall be final and not subject to review or <br />appeal. <br />C. The Company shall keep and maintain books and records, and <br />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. Subject to any applicable federal or North Carolina laws or <br />regulations regarding employee privacy, the Company agrees that any <br />duly authorized representative of the County or the LCEDC shall have, at <br />5of18 <br />