Orange County NC Website
Orange County Health Department <br />January 23, 2025 <br />Page 10 <br /> <br /> <br />7. Statute of Limitations. You agree that any claim or legal <br />action arising out of or related to this contract and the services <br />provided hereunder shall be commenced no more than one (1) <br />year from the date of delivery of the work product to You or the <br />termination of the services described herein (whichever is <br />earlier), regardless of any statute of limitations prescribing a <br />longer period of time for commencing such a claim under law. <br />This time limitation shall apply regardless of whether Forvis <br />Mazars performs other or subsequent services for You. A claim <br />is understood to be a demand for money or services, demand <br />for mediation, or the service of suit based on a breach of this <br />contract or the acts or omissions of Forvis Mazars in performing <br />the services provided herein. This provision shall not apply if <br />enforcement is disallowed by applicable law or professional <br />standards. <br />8. Limitation of Liability. You agree that Forvis Mazars’ liability, <br />if any, arising out of or related to this contract and the services <br />provided hereunder, shall be limited to the amount of the fees <br />paid by You for services rendered under this contract. This <br />limitation shall not apply to the extent it is finally, judicially <br />determined that the liability resulted from the intentional or <br />willful misconduct of Forvis Mazars or if enforcement of this <br />provision is disallowed by applicable law or professional <br />standards. <br />9. Waiver of Certain Damages. In no event shall Forvis Mazars <br />be liable to You or any third party for any indirect, special, <br />consequential, punitive or exemplary damages, including but <br />not limited to lost profits, loss of revenue, interruption, loss of <br />use, damage to goodwill or reputation, regardless of whether <br />You were advised of the possibility of such damages, <br />regardless of whether such damages were reasonably <br />foreseeable, and regardless of whether such damages arise <br />under a theory of contract, tort, strict liability or otherwise. <br />10. Choice of Law. You acknowledge and agree that any dispute <br />arising out of or related to this contract shall be governed by the <br />laws of the State of North Carolina, without regard to its conflict <br />of laws principles. <br />11. Dispute Resolution. If the parties are unable to resolve any <br />dispute arising hereunder through mediation in accordance <br />with Section 4 above, the dispute shall finally and exclusively <br />be resolved through binding arbitration administered by the <br />American Arbitration Association (“AAA”) in accordance with its <br />Commercial Arbitration Rules (the “Rules”), and judgement on <br />the award rendered by the arbitrator may be entered in a court <br />of competent jurisdiction, The arbitration shall be administered <br />by one arbitrator appointed in accordance with the Rules who <br />is also a certified public accounting with not less than five years <br />of certified public accounting experience. The arbitration shall <br />be held in Guilford County, North Carolina and shall otherwise <br />be governed by the laws of North Carolina. Each party shall <br />pay its own costs and expenses regarding the arbitration <br />provided the costs charged by the AAA shall be shared equally. <br />The arbitration proceedings including the contents of the award <br />(subject to the entry of a judgement upon such award) shall be <br />confidential. The arbitration award shall be binding on each <br />party. <br />12. Severability. In the event that any term or provision of this <br />agreement shall be held to be invalid, void, or unenforceable, <br />then the remainder of this agreement shall not be affected, and <br />each such term and provision of this agreement shall be valid <br />and enforceable to the fullest extent permitted by law. <br />13. Assignment. You acknowledge and agree that the terms and <br />conditions of this contract shall be binding upon and inure to <br />the parties’ successors and assigns, subject to applicable laws <br />and regulations. <br />14. Disclaimer of Legal or Investment Advice. Our services do <br />not constitute legal or investment advice. You should seek the <br />advice of legal counsel in such matters. Regulatory authorities <br />may interpret circumstances differently than We do. In addition, <br />the applicable laws, regulations, and regulators' enforcement <br />activities may change over time. <br />RECORDS, WORKPAPERS, DELIVERABLES, & <br />PROPRIETARY INFORMATION <br />15. Maintenance of Records. You agree to assume full <br />responsibility for maintaining Your original data and records <br />and that Forvis Mazars has no responsibility to maintain this <br />information. You agree You will not rely on Forvis Mazars to <br />provide hosting, electronic security, or backup services, e.g., <br />business continuity or disaster recovery services, to You unless <br />separately engaged to do so. You understand that Your access <br />to data, records, and information from Forvis Mazars’ servers, <br />i.e., Forvis Mazars portals used to exchange information, can <br />be terminated at any time and You will not rely on using this to <br />host Your data and records. <br />16. Forvis Mazars Workpapers. Our workpapers and <br />documentation retained in any form of media for this <br />engagement are the property of Forvis Mazars. We can be <br />compelled to provide information under legal process. In <br />addition, We may be requested by regulatory or enforcement <br />bodies (including any State Board) to make certain workpapers <br />available to them pursuant to authority granted by law or <br />regulation. Unless We are prohibited from doing so by law or <br />regulation, Forvis Mazars will inform You of any such legal <br />process or request. You agree We have no legal responsibility <br />to You in the event We determine We are obligated to provide <br />such documents or information. <br />17. Subpoenas or Other Legal Process. In the event Forvis <br />Mazars is required to respond to any such subpoena, court <br />order, or any government regulatory inquiry or other legal <br />process relating to You or Your management for the production <br />of documents and/or testimony relative to information We <br />obtained or prepared incident to this or any other engagement <br />in a matter in which Forvis Mazars is not a party, You shall <br />compensate Forvis Mazars for all time We expend in <br />connection with such response at normal and customary hourly <br />rates and to reimburse Us for all out-of-pocket expenses <br />incurred in regard to such response. <br />18. Use of Deliverables and Drafts. You agree you will not modify <br />any deliverables or drafts prepared by Us for internal use or for <br />distribution to third parties. You also understand that We may <br />on occasion send You documents marked as draft and <br />understand that those are for Your review purpose only, should <br />not be distributed in any way, and should be destroyed as soon <br />as possible. <br />Docusign Envelope ID: 183D8F77-022B-48BA-9D7A-59C5C1C4FC1A