S GRANT - US Soccer Foundation grant for west Ten Soccer Center

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~, ~-ai o 7 ~J FIELD ENHANCEMENT GRANT AGREEMENT Pursuant to this Grant Agreement ("Agreement"), dated as of July 1, 2007 ("Effective Date"), the U.S. Soccer Foundation ("the Foundation") agrees to award the Grant described below ("Grant") to Orange County North Carolina, a body politic and corporate, a political subdivision of the State of North Carolina, for and on behalf of its Recreation and Parks Department, FY07-5504, ("Grantee"), and Grantee accepts such Grant in accordance with the terms and conditions set forth below. Foundation: U.S. Soccer Foundation Attn: Director of Grants Administration & Information Technology 1050 17th Street, NW Suite 210 ~ Washington, DC 20036 Grantee: Orange County Attn: Lori Taft, Director, Orange County Recreation and Parks Department P.O. Box 8181 300 W. Tryon St. Hillsborough, NC 27278 2. Grant Project: !The Foundation and Grantee agree that "West Ten Soccer Complex" (`Grant Project'), is as described in the Grantee's Grant Application, FY07-5504. 3. Grant: The Grant to be awarded shall be in the form of cash and/or a product/service credit and is valued by the Foundation, in its sole and absolute discretion, in an amount equal to $50,000. 4. Grant Conditions: Each of the following conditions must be met to the sole satisfaction of the Foundation, on or prior to October 1, 2007, before the Grant money and equipment credit/services will be delivered to Grantee: (a) Executed Grant Agreement: Grantee must provide the Foundation an executed copy of this Grant Agreement ("Agreement") by October 1, 2007. (b) Non-Profit Status: If Grantee previously submitted a copy of a letter to the IRS requesting anon-profit designation, as required by the 2007 grant application, Grantee must now submit to the Foundation a favorable Determination Letter from the IRS. Should the aforementioned request still be pending with the IRS, Grantee must provide documentation from the IRS indicating such. Municipalities and Counties are exempt from this condition. (This section does not apply if the grantee has already submitted a copy of its IRS non-profit designation.) (c) Leverage: Grantee must provide the Foundation evidence that Grantee has received funds or binding pledges (to be paid within 12 months) for use on the Grant Project in an amount equal to $75,000.