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(iii) Failure to adhere to the terms of applicable county, state or federal laws, <br /> regulations, or stated public policy. <br /> B. In the event of default by the Grant Recipient, the Arts Commission has the <br /> discretion to elect to terminate this Agreement, in whole or in part and/or require <br /> the Grant Recipient to repay the grant funds within seven (7) from written notice <br /> of default or allow the grant recipient the opportunity to cure the default. This <br /> clause shall not be interpreted to limit the County's or the Arts Commission's <br /> remedies in law or in equity. <br /> 10. Miscellaneous. <br /> A. Entire Agreement. This Agreement and the attachments contain the final and <br /> entire understanding of the parties with respect to the subject matter of this <br /> Agreement. All modifications and amendments to this Agreement shall be in <br /> writing. This Agreement shall be binding upon the parties, their heirs, successors <br /> and assigns. <br /> B. Governing Law. This Agreement shall be interpreted in accordance with the laws <br /> of the State of North Carolina and the Orange County. <br /> IN WITNESS WHEREOF, the Orange County and the Grant Recipient have signed this Grant <br /> Agreement, effective on the last date this Agreement is signed by both parties as indicated by the <br /> dates set forth under signatures below. <br /> For and on behalf Grant Recipient <br /> Extraor inary Ventures Date <br /> For and n b alf Oran g Co G ernment <br /> Date <br /> /V��'tl�ae.l �a.lb�.r�, Zrt�-c.riv� �puv�� �aKaqer <br /> For and on behalf of Orange County Arts Commission/approved as to technical content <br /> Steve Brantley,Economic Deve ment Director Date <br /> Approve as t rm and legal sufficiency <br /> Annett M. Moore, Sta Attorney Da <br /> 4 <br /> Revised May 2012 <br />