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8 <br /> upon a material breach by the other. Material breach includes but is not limited to the failure by Town to <br /> expend grant funds as required by this Agreement. Effective the date of termination any termination of <br /> this Agreement relieves County of any further responsibilities or obligations established by this <br /> Agreement. <br /> IN WITNESS WHEREOF,the parties have caused this Interlocal Agreement to be executed as of the day and <br /> year first above recorded. <br /> FOR ORANGE COUNTY FOR CHAPEL HILL <br /> By: By: <br /> Bonnie Halnmersley Roger Stancil <br /> Orange County Manager Chapel Hill Town Manager <br /> This instrument has been pre-audited in the manner required by the Local Government Budget and Fiscal <br /> Control Act. <br /> Orange County Chief Financial Officer <br /> This instrument has been pre-audited in the manner required by the Local Government Budget and Fiscal <br /> Control Act. <br /> Town of Chapel Hill Finance Director <br /> 2 <br />