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NRPA <br />NATIONAL <br />RECREATION AND PARK <br />ASSOCIATION <br />G. To travel to NRPA's Annual Conference or any other conference travel without written approval from <br />Grantor. <br />10. Audit <br />Grantee is expected to keep and maintain detailed books and records relating to the Grant, and the Grant Funds <br />(including, without limitation, all uses thereof and expenditures therefrom) (collectively, the "Records") during <br />the Term and for a period of seven (7) years thereafter (the "Audit Period"). NRPA and its assigns have the right <br />to audit the Grantee's financial records relating to this MOU upon not less than ten (10) business days' advance <br />written notice to Grantee by NRPA at any time during the Audit Period, at NRPA's sole expense, during <br />Grantee's normal business hours. If as a result of an audit, NRPA determines that Grant Funds were not spent in <br />accordance with the purposes of this Grant, the Grantee shall: (1) be required to return any Grant Funds not <br />substantiated, and (2) reimburse NRPA for all costs and expenses incurred in connection with such audit. If <br />NRPA determines that Grant Funds were used for fraudulent purposes, the Grantee shall be barred from <br />participation in any further programs. Grantee shall further indemnify, defend, and hold the Support Parties <br />harmless from any acts or omissions relating to its fraudulent use of the Grant Funds. <br />11. Termination and Repayment <br />Any party may terminate this MOU at any time for any reason upon providing the other party thirty (30) calendar <br />days' written notice. Further, either party may terminate this MOU at any time effective upon receipt of written <br />notice by the other party of failure to perform. In the event that this MOU is terminated for any reason, Grantee <br />shall promptly repay to NRPA any portion of the Grant Funds not already spent (subject to and in accordance <br />with all of the terms and conditions hereof) as of the effective date of such termination. <br />None of the Parties shall be liable to the other by reason of termination of this MOU for compensation, <br />reimbursement or damages for any loss of prospective profits on anticipated sales or for expenditures, <br />investments, leases or other commitments relating to the business or goodwill of any of the parties, <br />notwithstanding any law to the contrary. No termination of this MOU shall release the obligation to pay any sums <br />due to the terminating party which accrued prior to such termination. <br />12. Compliance with Laws. <br />Grantee will comply in full with all applicable federal, state, and local laws and regulations and rules of <br />governmental agencies and bodies relating to Grantee's acceptance and use of the Grant Funds, including those <br />that govern gifts, donations, contributions, expenditures, and anything else of value that benefit, directly or <br />indirectly, public officials. Grantee agree to notify Grantor immediately: (a) of any conduct on Grantee's part that <br />may be in violation of any applicable federal, state and local laws and (b) if Grantee receives notice of, or <br />otherwise becomes aware of, any actual or threatened investigation, action, litigation, or disciplinary or other <br />proceeding of which Grantee is or may be a subject in connection with the Grant Funds and to the extent <br />permitted by applicable law, shall provide Grantor with all written notices and communications received by <br />Grantee relating to or any such investigation, action, litigation, or disciplinary proceeding. <br />13. Governing Law, Jurisdiction, Venue and Dispute Resolution <br />This MOU and the performance thereof shall be govemed, interpreted, construed and regulated by the law of the <br />Commonwealth of Virginia, without reference to or application of principles concerning conflicts of laws of any <br />Page 1 5 of 7 <br />7 <br />