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foregoing provision, the Grantee shall not be relieved of <br />liability to the Agency for damages sustained by the <br />Agency by virtue of the Grantee's breach of this <br />agreement, and the Agency may withhold any payment <br />due the Grantee for the purpose of setoff until such time <br />as the exact amount of damages due the Agency from <br />such breach can be determined. The filing of a petition <br />for bankruptcy by the Grantee shall be an act of default <br />under this Contract. <br />Waiver of Default: Waiver by the Agency of any default <br />or breach in compliance with the terms of this Contract <br />by the Grantee shall not be deemed a waiver of any <br />subsequent default or breach and shall not be construed <br />to be modification of the terms of this Contract unless <br />stated to be such in writing, signed by an authorized <br />representative of the Agency and the Grantee and <br />attached to the contract. <br />Availability of Funds: The parties to this Contract <br />agree and understand that the payment of the sums <br />specified in this Contract is dependent and contingent <br />upon and subject to the appropriation, allocation, and <br />availability of funds for this purpose to the Agency. <br />Force Majeure: Neither party shall be deemed to be in <br />default of its obligations hereunder if and so long as it is <br />prevented from performing such obligations by any act of <br />war, hostile foreign action, nuclear explosion, riot, <br />strikes, civil insurrection, earthquake, hurricane, tornado, <br />or other catastrophic natural event or act of God. <br />Survival of Promises: All promises, requirements, <br />terms, conditions, provisions, representations, <br />guarantees, and warranties contained herein shall <br />survive the contract expiration or termination date unless <br />specifically provided otherwise herein, or unless <br />superseded by applicable federal or State statutes of <br />limitation. <br />Intellectual Property Rights <br />Copyrights and Ownership of Deliverables: All <br />deliverable items produced pursuant to this Contract are <br />the exclusive property of the Agency. The Grantee shall <br />not assert a claim of copyright or other property interest <br />in such deliverables. <br />Compliance with Applicable Laws <br />Compliance with Laws: The Grantee shall comply with <br />all laws, ordinances, codes, rules, regulations, and <br />licensing requirements that are applicable to the conduct <br />of its business, including those of federal, state, and <br />local agencies having jurisdiction and/or authority. <br />Equal Employment Opportunity: The Grantee shall <br />comply with all federal and State laws relating to equal <br />employment opportunity. <br />Oversight <br />Access to Persons and Records: The State Auditor <br />shall have access to persons and records as a result of <br />all contracts or grants entered into by State agencies or <br />political subdivisions in accordance with N.C.G.S 147- <br />64.7. Additionally, as the State funding authority, the <br />Agency shall have access to persons and records as a <br />result of all contracts or grants entered into by State <br />agencies or political subdivisions. <br />Record Retention: Records shall not be destroyed, <br />purged or disposed of without the express written <br />consent of the Agency. State basic records retention <br />policy requires all grant records to be retained for a <br />minimum of five years or until all audit exceptions have <br />been resolved, whichever is longer. If the contract is <br />subject to Federal policy and regulations, record <br />retention may be longer than five years since records <br />must be retained for a period of three years following <br />submission of the final Federal Financial Status Report, <br />if applicable, or three years following the submission of a <br />revised final Federal Financial Status Report. Also, if <br />any litigation, Gaim, negotiation, audit, disallowance <br />action, or other adion involving this Contract has been <br />started before expiration of the five-year retention period <br />described above, the records must be retained until <br />completion of the action and resolution of all issues <br />which arise from it, or until the end of the regular five- <br />year period described above, whichever is later. <br />Miscellaneous <br />Choice of Law: The validity of this Contract and any of <br />its terms or provisions, as well as the rights and duties of <br />the parties to this Contract, are governed by the laws of <br />North Carolina. The Grantee, by signing this Contract, <br />agrees and submits, solely for matters concerning this <br />Contract, to the exclusive jurisdiction of the courts of <br />North Carolina and agrees, solely for such purpose, that <br />the excusive venue for any legal proceedings shall be <br />Wake County, North Carolina. The place of this Contract <br />and all transactions and agreements relating to it, and <br />their situs and forum, shall be Wake County, North <br />Carolina, where all matters, whether sounding in <br />contract or tort; relating to the validity, construction, <br />interpretation, and enforcement shall be determined. <br />Amendment: This Contract may not be amended orally <br />or by performance. Any amendment must be made in <br />written form and executed by duly authorized <br />representatives of the Agency and the Grantee. <br />Severability: In the event that a court of competent <br />jurisdiction holds that a provision or requirement of this <br />Contract violates any applicable law, each such <br />provision or requirement shall continue to be enforced to <br />the extent it is not in violation of law or is not otherwise <br />unenforceable and all other provisions and requirements <br />of this Contract shall remain in full force and effect. <br />NGO Forth 000962 Grants General Terms and Conditions-Public Sedor Entities <br />Eff. 9/2005 <br />Revised 78007 <br />Page 7 of 12 <br />