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may be entitled t0 terminate or amend thi s. Agreement in accordance with the <br />procedures adopted by Cabarrus County. Failure or delay in giving notice of <br />default shall not constitute a waiver of any default, nor shall it change the <br />time of default. Exercise of any remedy available to Cabarrus County does not <br />preclude exercise of any other remedies available to Cabarrus County, any of <br />which may be exercised independently or concurrently. <br />(2) Cabarrus County does not waive any claim of defect ~in performance by <br />Developer, if on periodic review Cabarrus County does not propose to modify or <br />terminate this Agreement. <br />(3) Non-performance shall not be excused because of a failure of a third <br />person. <br />(9) Adoption ofa law or other governmental activity making performance by <br />the applicant unprofitable or more difficult or more expensive does not excuse <br />the performance of the obligations by the Developer hereunder. <br />(5) All other remedies at law or in equity which are not inconsistent with <br />the provisions ofi this Agreement or are available to the parties to pursue in <br />the event there is a breach, may be pursued by the applicable part y. <br />5.1.3 Damages Upoh Termination. In no event shall Developer be entitled to any <br />damages against Cabarrus County upon termination of this Agreement. <br />5.19 Institution of Legal Action. In addition to any other rights or <br />remedies, either party may institute legal action to cure, correct, or remedy <br />any default or breach, to specifically enforce any covenants or agreements set <br />forth in the Agreement or to enjoin any threatened or attempted violation of <br />the Agreement; or: to obtain any remedies consistent with the purpose of the <br />Agreement. Legal actions shall be instituted in the Superior Court of the <br />County of Cabarrus, State of N.C., or in the Federal District Court in the <br />Middle District, and the parties hereto submit to the personal jurisdiction of <br />such courts without application of any conflicts of laws provisions of any <br />jurisdiction. <br />IN NITNE88 NHEREOF, this Agreement has been executed by Cabarrus County, acting <br />by and through its Commerce Department, pursuant the approval of the Project by <br />the Cabarrus County Board of Commissioners, authorizing such execution, and by <br />a duly authorized. representative of Developer. <br />CAHARRVS COUNTY, NORTH CAROLINA <br />COUNTY MANAGER <br />ey: <br />Authorized Signature <br />Date <br />DEVELOPER: Craeaapt Resources, LLC <br />By; <br />Authorized ~Si gnature Date <br />Title: for Crescent Resources, LLC <br />APPROVED AS TO FORM <br />COUNTY ATTORNEY <br />By: <br />Authorized Signature <br />North Carolina~~.. <br />County <br />Date <br />G- ~~ <br />