Minutes - Jan. 9, 2012 Regular Meeting

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(b) The GRANTEE shall retain all financial records, supporting documents, and all other pertinent records related to the Project for a period of five years from the date of termination of this Agreement. In the event such records are audited, all project records shall be retained beyond the three -year period until any and all audit findings have been resolved. (c) The GRANTEE agrees to make available to the CENTER, or its designated representative, a1h of its records which relate to the Project, and agrees to allow the CENTER or said representative to audit, examine and copy any and all data, documents, proceedinggs, records and notes of activity relating in any way to the Project. Access to these records shall be allowed upon request at any time during normal business hours and as often as the CENTER or said representative may deem necessary. 10 Publications (a) At the request of the CENTER, an y reports, data, or other information given to, prepared or assembled by the GRANTEE under the Agreement must contain the following acknowledgment and disclaimer statement: "This material is based upon work supported in whole or part by the Rural Economic Development Center." All materials must also contain the following statement: "Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the authors) and do not necessarily reflect the views and policies of the Rural Economic Development Center." (b) Except as provided in pararaph 10a) above, the GRANTEE may publish or arrange for the publication of scientific and technical information resulting from work carried out under this Agreement. (c Upon publication of materials resulting from the work of the project, the GRANTEE shall mesh a minimum of two copies of reprints to the CENTER. 11 Termination; Availability of Funds (a) If the GRANTEE shall fail to fulfill in a timely and proper manner its obligations under this Agreement, or shall violate any of the covenants or stipulations of this Agreement, the CENTER shall thereupon have the right to terminate this Agreement by giving written notice to the GRANTEE of such termination and by speciffyying the effective date of termination. In such event, the CENTER shall have no responsbihty to make additional payments under this contract after the date of termination. No further expenditures shall be made under this Agreement except for such work as shall have already been performed prior to the date of termination and the GRANTEE shall repay all unspent grant funds upon the demand of the CENTER.. (b) It is understood that the CENTER'S obligation to pay any amounts under this Agreement is contingent upon the availability and continuation of funds for such purpose. In the event that funds for this Project become unavailable, the CENTER may terminate this Agreement upon thirty (30) days written notice to the GRANTEE. All obligations of the CENTER to make payments under this Agreement shall cease as of the Termination Date. 12. Liabilities and Loss The CENTER assumes no liability with respect to accidents, bodily injury, illness, breach of contract or any other damages or loss, or with respect to aneth claims arising out of any activities undertaken by the GRANTEE under this Agreement, wher with respect to persons or property of the GRANTEE, or third parties. The GRANTEE agrees to obtain insurance or otherwise protect itself or others as it may deem desirable. Further, the GRANTEE, to the extent allow by law, agrees to indemnify, defend and save harmless the CENTER and its officers, agents and emplo ees against any liability, including costs and expenses and attorneys' fees, for the GRANTEE'S violation of any proprietary right or right of privacy arising out of the publication, translation, reproduction, delivery, performance use or disposition of any information published resulting from the work of the Pro ect or based on any l ibelous or other unlawful matter contained in such information. The GRANTEE, to the extent allowed by law, also further agrees to indemnify, defend and save harmless the CENTER and its officers, agents and employees from any and all claims and losses accruing or resulting to any