5A8 & 9 Assignment - Confirmation Agreements (Great Lakes Capital) - Signed

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Page 17 of 21 Grantee: GLC Madison Development Corp. 7410 Aspect Drive, Suite 100 Granger, IN 46530 Attn: Bradley J. Toothaker, President Sponsor: GLC Madison Development Corp. 7410 Aspect Drive, Suite 100 Granger, IN 46530 Attn: Richard J. Deahl, General Counsel Any party may change its mailing address by serving written notice of such change and of such new address upon the other party. 25.PERIODIC MONITORING REVIEWS. The IEDC may carry out periodic monitoring reviews (“Periodic Monitoring Reviews”) of the RDA and/or the Project, as deemed appropriate by the IEDC. The Grantee shall extend to the IEDC and/or RDA and its authorized designees its full cooperation and give full access to its Project sites and to relevant documentation. The RDA shall not be required to provide the Grantee advance notice of such Periodic Monitoring Reviews except as reasonably required to make sure the necessary individuals and materials are available. Grantee shall cooperate in such monitoring and evaluation efforts and shall produce all documentation reasonably requested by the IEDC. The IEDC shall designate the location of the Periodic Monitoring Reviews (e.g., onsite, the IEDC’s premises or at a location of the RDA’s). Periodic Monitoring Reviews may consist of the following: (i) whether a Project’s activities are consistent with those set forth in this Agreement, the approved Claim Form, the RDP, or any additional information or documentation the RDA has submitted to the IEDC; (ii) a complete, detailed analysis of actual non-public funds, State support, and other public funds expended to date on the on a Project and conformity with a Claim Form; (iii) a detailed listing of a Project’s costs by Project budget line item which are accrued yet unpaid, if applicable; (iv) a written evaluation of a Project with respect to the RDA and/or Grantee’s timely progress in Project management, financial management, control systems, procurement systems and methods, and performance relative to timely submission of the RDA’s quarterly progress reports required pursuant to the IEDC Agreement. Grantee shall take all actions reasonably necessary to correct or cure any issues identified by the IEDC during its Periodic Monitoring Reviews. Failure to do so may allow the RDA to suspend or terminate this Agreement. In the event that the IEDC requests a final audit following the completion of the Project, the Grantee shall cooperate with such audit and any and all other requests for monitoring or evaluation efforts required by the RDA or the IEDC. 26.DISCLOSURE OF PUBLIC RECORDS. Grantee understands that this Agreement is a public record as defined by the Indiana Access to Public Records Act (Indiana Code § 5-14-3-1, et seq. (“APRA”)), and, once fully executed, will be posted on the IEDC’s transparency portal, which is available at https://transparency.iedc.in.gov. The Claim Form and any reports submitted to the IEDC by the RDA under this Agreement are also public documents and are subject to public inspection pursuant to the Indiana Access to Public Records Act.