AG 2010 10 18 - Laserfiche WebLink

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of $14.00 for no less than five (5) years. In the event that DT does not fulfill any one or more of these conditions, any Grants not paid will be cancelled and DT will be required to immediately repay all Grants previously paid. This remedy is in addition to the remedies available to County in Paragraph 4, below. Notwithstanding the other provisions of this paragraph, DT shall not be obligated to repay any previously paid Grant(s) if DT is unable to fully comply with the Special Conditions (a) or (b) above, due solely to a financial occurrence or event completely beyond the control of DT . An example of such an occurrence or event is a regional or nationwide emergency or disaster which causes a disruption of commerce generally, not solely for DT. 3. Validity of Incentives. As stated in the Program, no change in the Program after the date of this Agreement shall apply to the provisions of this Agreement or to the New Investment or the Facility (as it may be expanded or modified) unless otherwise agreed to in writing by the County and DT. In the event one or more lawsuits or other proceedings are brought against the County or any County elected official challenging the legality of this Agreement or any provision, the County shall defend against any and all such lawsuits or other proceedings, including appealing any adverse judgment to the highest appellate court of the State of North Carolina. In the event that any of the incentives or other agreements of the County are determined to be invalid, the County agrees that it will, to the extent permitted by law, provide DT with incentives of substantially equal value pursuant to one or more replacement incentive grant programs. 4. Noncompliance by DT. DT acknowledges that at any time during the period that a Grant is paid or is to be paid to DT by County, if DT has (a) failed or fails to make or maintain the New Investment, (b) fails to continue in business a fully operational Facility, (c) fails to maintain on the payroll at the Facility at least 65 full time employees earning at least $14.00 per hour or (d) fails to comply with any provision of this Agreement or any provision of the Program applicable to this Agreement, then DT shall be in default of this Agreement. In any such event, the County may at its option terminate this Agreement and no further Grants shall be paid to DT. Miscellaneous. a) DT acknowledges and understands that all the provisions of the Program are considered enforceable parts of this Agreement and that it must comply with all such provisions in order to be eligible for and remain eligible for the Grants. b) This Agreement and the Grants provided by it may not be assigned by DT without the prior written consent of County. C) Notices. All notices, certificates or other communications required by or made pursuant to this Agreement shall be sufficiently given and shall be deemed given when delivered or mailed by registered or certified mail, postage prepaid or sent by facsimile (confirmed by the party providing notice) as follows: Attachment number 3 G -2 Page 488