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PAYMENT AND DOCUMENTATION : <br /> The appropriation shall be paid to the Volunteer Connect 55 + Program in semi-annual installments atthe end of <br /> ided , pursuant to the Work Statement attached hereto . Each <br /> each half-year period in which services were prov <br /> semi-annual installment will be for Six Thousand One Hundred Fifty Dollars ($ 6 , 150 . 00 ) . The Town 's <br /> obligation to make each payment is contingent upon receiving satisfactory documentation and accounting of <br /> _ expenditures_as_detaited_in the attached_W_ork Statement. <br /> FINANCIAL RECORDS . <br /> The Volunteer Connect 55 + Program agrees to furnish the Town with semi-annual financial statements as <br /> detailed in the attached Work Statement. In addition, Volunteer Connect . 55 + Program agrees to allow the <br /> Town to inspect its financial books and records upon reasonable notice , during normal working hours . <br /> WORK STATEMENT : <br /> The Volunteer Connect 55 + Program agrees to provide those services described in the Work Statement attached <br /> hereto and incorporated herein by reference , to residents of Chapel Hill and to maintain a high level of <br /> professionalism in the provision of these services . <br /> TERMINATION FOR CAUSE : <br /> In the event that the Volunteer Connect 55 + Program shall cease to exist as an organization or shall enter <br /> bankruptcy proceedings, or be declared insolvent, or liquidate all or substantially all of its assets , or fails to <br /> provide the services described in the attached work statement or shall significantly reduce its services or <br /> accessibility to Chapel Hill residents during the term of this Agreement, or in the event that the Volunteer <br /> Connect 55 + Program shall fail to render a satisfactory accounting as provided herein, then and in that event the <br /> Town may terminate this Agreement and the Volunteer 55 + Program will return all payments already made to it <br /> by the Town for services which have not been provided or for which no satisfactory accounting has been <br /> rendered . <br /> [SIGNATURES ON FOLLOWING PAGE. ] <br />