Orange County NC Website
v5 <br />no obligation to disburse funds after the December 31, 2026, deadline. The Provider <br />acknowledges that any delay in submitting required documentation may result in nonpayment, <br />and the County shall not be liable for any financial losses incurred by the Provider due to <br />noncompliance.” <br /> <br />2. Revised Disbursement Schedule: The Parties acknowledge and agree that the initial two milestones <br />payments were reached and proper payment made pursuant to Section 13 of the ND Agreement. The <br />Parties seek to revise the last milestone in number of locations, deadline date and dollar amount. <br />The final $6,000,000.00 milestone payment shall be divided by three milestones and reduced to a total <br />amount of up to $5,200,000. The chart depicting the disbursement schedule shall be replaced in whole <br />by the following: <br /> <br />Initial payment within 30 days of Effective <br />Date <br />$1,000,000.00 <br /> <br />Upon Passing of and offering <br />Communication Services to 3,000 locations <br />no later than December 31, 2023 <br /> <br /> <br />$3,000,000.00 <br /> <br />Upon Passing of and offering Communication <br />Services to all 199 locations listed as “Area <br />One” in “Remaining Mutually Agreed Service <br />Sites”, Attachment B2) no later than July 1, <br />2026, and commitment to Pass any additional <br />locations as required under Section 7(b)(i) no <br />later than December 31, 2026 <br />$2,600,000.00 <br /> <br />Upon Passing of and offering Communication <br />Services to all 111 locations listed as “Area <br />Two” in “Remaining Mutually Agreed Service <br />Sites”, Attachment B2) no later than July 1, <br />2026, and commitment to Pass any additional <br />locations as required under Section 7(b)(i) no <br />later than December 31, 2026 <br />$1,300,000.00 <br /> <br />Upon Passing of and offering Communication <br />Services to all 355 locations listed as “Area <br />Three” in “Remaining Mutually Agreed <br />Service Sites”, Attachment B2) no later than <br />July 1, 2026, and commitment to Pass any <br />additional locations as required under <br />Section 7(b)(i) no later than December 31, <br />2026 <br />$1,300,000.00 <br /> <br /> <br />The clause following the chart in Section 13 shall be revised as follows by deleting the text with <br />strikethrough and adding the text bolded and highlighted: <br />Docusign Envelope ID: 33C8184F-C279-4BB7-B966-39236C99AB43