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2. Board agrees to reimburse the College within thirty(30)days of receipt of invoices <br /> setting forth the related expenditures for the semester. <br /> B. The College <br /> 1. College will invoice Board for all applicable tuition and fees prior to the end of <br /> each fall semester and spring semester. Invoices shall indicate that all other funding <br /> sources have been exhausted prior to the use of Program funds. College will also <br /> provide Board with separate documentation at the end of each fall and spring <br /> semester containing a breakdown of the areas of study of the students in the <br /> Program. The College will include on the invoice the number of students enrolled <br /> in the program and the number of credit hours each student is taking. <br /> 2. College will assign appropriate staff to market the program to eligible high school <br /> graduates, collect paperwork from participants, ensure eligibility for the program, <br /> make awards, monitor progress and verify that students are registered for <br /> appropriate classes in their desired pathways. <br /> 3. The College will allow the Board to review/inspect any documents associated with <br /> the program provided there are no Family Education Rights and Privacy Act of <br /> 1974 ("FERPA")restrictions. <br /> III. TERM <br /> This MOU shall remain in full force and effect for the five-year period of the Program. <br /> Prior to the FY 2026 budget being completed and passed, College will review all data <br /> related to the program (ex. number of graduates, success rates, transfer rates, etc.) and <br /> decide on future appropriations to continue the program. Shall the parties agree to <br /> continue the program,the parties shall enter into a new MOU at such time. <br /> IV. GENERAL PROVISIONS <br /> A. Governing Law: This MOU is made under and shall be governed, construed and <br /> enforced in accordance with the laws of the State of North Carolina, without <br /> regard to conflict of laws rules. <br /> B. Non-Discrimination: Any discrimination by either party or their agents or <br /> employees on account of race, color, sex,age,religion,or national origin in relation <br /> to the performance of any obligations is prohibited. <br /> C. Assignment: No assignment of either parties' duties or responsibilities shall be <br /> permitted unless agree to in writing and signed by all parties. <br /> D. Amendments: This MOU may only be amended in writing and duly executed by <br /> all parties. <br /> 3 <br />