R2014-126 AGREEMENT WITH ILLINOIS DEPARTMENT OF COMMERCE & ECONOMIC OPPORTUNITY

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This Agreement does not allow for the retention of interest b the Grantee. interest earned gr Y Any on Grant Funds provided under this Agreement must be accounted for in the Final Financial Status Report described in Section 5.3 herein,and returned as interest to the Department in accordance with the directions provided by the Department. 4.7 INTENTIONALLY LEFT BLANK 4.8 SUPPORT Grantee, through its agents, employees and contractors, will provide all equipment, supplies, services and other items of support which are necessary for the effective performance of the Project, unless the Agreement specifically sets forth items of support to be provided by the Department. 4.9 OWNERSHIP,USE AND MAINTENANCE OF PERSONAL.PROPERTY A. Ownership Subject to the provisions of this Section 4.9,and the remedies available to the Department as set forth in Section 4.11 below, equipment and material authorized to be purchased with Grant Funds becomes the property of the Grantee. Grantee will maintain an inventory or property control record for all equipment and material purchased with Grant Funds. B. Use: Maintenance:Insurance During the Grant term,the Grantee must: (1) use equipment and materials acquired with Grant Funds only for the approved Project purposes set forth in Scope of Work (Part II); and (2) provide sufficient maintenance on the equipment and materials to permit achievement of the approved Project purposes and maintain,at its own expense, insurance coverage on all equipment and material purchased with Grant Funds, for its full insurable value, against loss, damage and other risks ordinarily insured against by owners or users of similar equipment and material in similar businesses. C. Prohibition Against Disposition/Encumbrance The Grantee is prohibited from, and may not sell, transfer, encumber(other than original financing) or otherwise dispose of said equipment or material during the grant term without prior written approval of the Department. 4.10 PUBLIC INFORMATION REQUIREMENTS For the duration of the Agreement, the Grantee will prominently acknowledge the participation of the Department in the Project in all press releases, publications and promotional materials presented to the media or otherwise dissemination published concerning the Project. The Grantee must provide the Department with copies of any proposed press releases,publications and promotional materials within ten (10) days, or as soon as practical with written permission from the Department,before these materials are disseminated. Grantee will submit copies of any press releases, publications and promotional materials to the Department. The Grantee will provide adequate advance notice pursuant to Section 4.12 of promotional events such as open houses,dedications,or other planned publicity events;and will also coordinate in the planning of said events. Any materials or displays to be distributed in connection with the promotional event must be submitted to the Department in advance of publication or dissemination and must prominently acknowledge the Department's participation in the Project. 4.11 DEPARTMENT REMEDIES In addition to any remedies found elsewhere in this Agreement or at law,the Department may elect any of the following remedies in the event this Agreement is terminated pursuant to Section 5.5 herein. Grantee must comply with the Department's direction within 45 days following written notice or demand from the Department. Page 14 Grant Number 15-203002