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AGREEMENT Between Orange County Health Department <br /> and Piedmont Health Services, Inc. <br /> Page 2 of 4 <br /> Article 2. Period of Performance <br /> The work under this agreement shall be performed during the period of October 12, <br /> 1994, through September 30, 1995. No costs shall be incurred under this agreement prior to <br /> the start date nor subsequent to the termination date. The period of performance may only be <br /> extended by mutual written agreement of the parties. <br /> Article 3. Compensation <br /> A. In consideration of PHS' performance, OCHD shall compensate PHS in an amount not <br /> to exceed $12,500.00. It is agreed between the parties that the above reference surn <br /> shall represent the total amount of this agreement, except that such amount may be <br /> amended in writing by mutual written agreement of the parties. The amount set forth <br /> above will cover direct and indirect costs of the work, as detailed in the attached <br /> budget which becomes a part of this agreement as Attachment A. PHS must notify <br /> OCHD of all transfers between and/or among line items within 30 days of occurrence. <br /> B. Any unexpended cash funds remaining from the OCHD payment at the close of each <br /> project year will be deducted from the payment for each successive year, unless <br /> written request for carry forward of such funds is submitted with the annual financial <br /> report and approved by OCHD. If approved, PHS will submit a revised successive <br /> year budget including the carry-forward funds within 10 days of notification of <br /> approval. Approval of such requests by PHS is contingent upon approval by UNC-CH <br /> and the Kellogg Foundation. The continuation of this agreement is contingent upon <br /> funds available from UNC-CH for its support. <br /> Article 4. Payment <br /> PHS shall be awarded a payment of $12,500.00 provided all requested reports are <br /> properly submitted. <br /> Article 5. Audit and Records <br /> Financial records, supporting documents and other records pertinent to this agreement <br /> shall be retained by PHS for a period of three years from the date of submission of the final <br /> expenditure report. <br />