2011 - 10-10-2011 Spec. Meeting - Laserfiche WebLink

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acL# 24 r;.1_� 511 all reasonable times and on reasonable notice, access to and the right to inspect, copy, audit, and examine all relevant books, records, and other documents relating to the Grant and the fulfillment of this Agreement throughout the Agreement Period and for a period of six years thereafter. e. If the Company fails to keep and maintain books and records necessary for verifying fulfillment of all terms of this Agreement, or if the Company fails to provide access and the right of inspection of the records to a duly authorized representative of the County or the EDC sufficient to verify compliance with this Agreement, the County or the LCEDC may in its discretion declare the Company to be in default of this Agreement, withhold future payments due under this Agreement and /or require reimbursement of all or any portion of Grant funds previously paid. f Prior to taking the action authorized by paragraph 6.e., a representative of the LCEDC or the County will endeavor to communicate with a representative of the Company to discuss the circumstances and actions being contemplated. g. The LCEDC's obligation to make disbursements to the Company under this Agreement is contingent upon appropriations by the County and the availability of funds for the Grant. h. This Agreement constitutes a legally enforceable contract and shall be governed and construed in accordance with the laws of North Carolina. The parties agree and submit, solely for matters concerning this Agreement, to the exclusive jurisdiction of the North Carolina General Courts of Justice and agree, solely for such purposes, that the only venue for any legal proceedings shall be Lee County, North Carolina. The place of this Agreement, and all transactions and agreements relating to it, and their situs and forum, shall be in Lee County, North Carolina, where all matters, whether sounding in contract or tort, or relating to its validity, construction, interpretation, and enforcement shall be determined. i. The Company shall comply with all applicable federal, state, and local laws and regulations. If the Company fails to comply with any law or regulation applicable to it, the LCEDC or County may, in its sole discretion, terminate the Agreement and declare that no future Grant disbursements shall be due and payable and /or require the Company to reimburse the LCEDC or County all or part of any Grant funds previously disbursed following the date of any such violation. j. Failure of the LCEDC at any time to require performance of any tern or provision of this Agreement shall in no manner affect the rights of the LCEDC at a later date to enforce the same or to enforce any future compliance with or performance of any of the terns or provisions thereof. 6ofIS