6G(4) SubGrant Agreement Technology Park

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3. DESIGN AND IMPLEMENTATION C-F PROJECT: The Grantee shall be solely responsible for the proper design, and implementation of the technology development Project that accomplishes the goals of the technology park established under Indiana Code § 36-7-32 and as described in the State Grant Agreement. The Grantor has no responsibility for such. design or construction. Grantee acknowledges that neither the State nor the Grantor has had or will have any involvement or responsibility regarding said design or construction. 4. MONITORING BY THE STATE: (A.) The Grantee is responsible for obtaining and submitting to the Grantor all documentation necessary for Grantor to obtain and submit to the State quarterly progress reports (each a "Quarterly Progress Report") and all other documentation so that the Grantor can comply with its monitoring obligations under the terms of the State Grant Agreement which Quarterly Progress Reports shall include details of progress made toward completing the Project and meeting the Project Goals as described in the State Grant Agreement. (B.) The Quarterly Progress Report described above shall be consistent with the requirements set forth in Exhibit "'A" of the State Grant Agreement and shall be submitted for the duration of this Agreement, and until the Project Goals have been met and all required documentation has been submitted to the Grantor. The Grantee has until the Goal Date to meet the Project Goals set forth in the original Technology Development Grant Fund Grant Agreement hereinabove set forth. (C.) Should the Grantee fail to meet the Project Goals by said Goal Date, the Grantee shall provide within fifteen (15) days of the Goal Date a written justification to the Grantor detailing why said Project Goal(s) will not be met on time. (D.) In the event that such Quarterly Progress Reports are not submitted by Grantee within the time frame allotted, or Grantee fails to produce the evidence required by the Grantor under this Paragraph 4, the Grantee shall be deemed to be in material breach of this Agreement and the Grantor may, among its other remedies, withhold authorization for any payment request of the grant funds until such time as the deficiency is corrected. (E.) The State will periodically carry out a Monitoring Review (as defined below), including an evaluation of activities, as deemed appropriate. The Grantee shall effectively ensure the cooperation of the Grantee's employees in such monitoring and evaluation efforts and shall produce all documentation reasonably requested by the State evidencing the work completed on the Project. The Grantee will take all actions necessary to correct or cure any findings identified by the State during its monitoring and evaluation. The Grantee acknowledges that the State may not access or disburse Grant Funds to Grantor and in such case, Grantor shall not access or disburse Grant Funds to Grantee, until the State completes its Monitoring Review and evaluation of activities it deems appropriate. 2 F:\*.*\Projec[s-Miscellaneous\Tech Park\Subgrant Agreement-Notre Dame (2) 8.17.09