|
by FZecil)ient to third parfies In eWarh siich case, Reulpient shall rernit payrnents
<br />to ttie LPD C within sixty (60) days of raceipt of w0ten demand lor same,
<br />FTYM
<br />The terni of fts Aoreernerit will expire on or before, December 31, 2017,
<br />PUT$ 1_1011ttO AWJCle 1 of this, Agrtn-amei it -
<br />Recipient shall provid,c:, to the LFIX wilNn ninety (90) days f0owing each,
<br />payment made p1jrS-uant to Article I of this Pkqreennent, repf,'A and fall
<br />documentati,DTI �[IFIR,'irmfler. "ExpenditUre Report"), showing thea c�xpencfituires
<br />triade by Re6pient pursuaint to this Agreenier,it and a den,vonstration that the
<br />furids were LIMA Only for 11ie purposes authorized by this Agreennent; and
<br />Reciipient shall SUPplement the Expenditure repci-t at 9& -day intervals uritil cash
<br />incentive payn'ients are fully spent. Recipient shall ii,7,iaiintaln books of account
<br />vvitl"i correct entries of all expetiOUres that are nnade accordir-ig to the terms of
<br />this Agreerrient arid o,f, any funds frorn other sources,- Any and 0 books of
<br />account of Re6pient shall be, at all finries open to the, in,spection of LPD C sur any
<br />its, officer s or duly �!Lithoidzed agents. UPOFI SLIGh inspecliuri and with appropriate
<br />measures to, protect Reciplerit's confidenfiM business information, LI DO, or its
<br />officers or agents shall be afforded the OPPOOLiinity to niake photographlc copes
<br />of any and all docurneantation of books of' account, includ;ung but not limited to
<br />statenients of accoi,,int relaUng to the dispositiorr) of funds provided by LPDC
<br />LITIcler this Agreement and any funds froai other sources. Recipient shafl maintain
<br />such bookS of HOCOLIM in T(=,xas for a pedod of three (3) year 'follooAng receipt of,'
<br />the last cash incentive disbursement by the LPDC, PIASUallt to Article I of this
<br />Agreement. Notwithstanding Article 1, above, the I..PDC shall be Linder no
<br />obligation to MakO ai]YfUnd, disbLIFS011,C]rpt S rf Reciplent falls to provide an
<br />Exper'Witure FIeporl-
<br />MAIMMAIIIII INTI
<br />Either party hereto i'my enforce this Agreenierit by any and all mearls
<br />available at kavi or in equity,
<br />This Agreement does not create ally jOlIlt Vel'ItUre, partnership, or agency
<br />relationship betty err Vv,-, UDDCI and Recipient. Recipient Shall have exclusIve
<br />control of, anr,f tl-ie eruler sire right to control the, detnJIS of the workto be
<br />poi-fDrmod by Re6pient hereunder and 01 personnell perlorming sarne, and shall
<br />be solely re.spori sible for the acs arid cunni ssioris of its officers, memb(,,�rs, agents,
<br />servwits, err pn oyees, subcontractors, program paiticipants, voltinleers,
<br />licer,)sees, and invitees, In no evert shall any person participating in or
<br />performlrig any of F�rvmpienl's duties or responsibikties hereunder [)Q considered
<br />an officer, agent, servarit, or employee of the LPDC.
<br />I
<br />
|