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the costs of business interruption caused by required closures. Grantee must ensure the funds are used specifically <br /> for COViD related impacts, <br /> 8. The Grant <br /> In reliance upon Grantee's representations and warranties,and subject to the terms and conditions contained in <br /> this Agreement,the Grantor hereby agrees to cause funds to be advanced to Grantee in a maximum aggregate <br /> principal amount equal tolwentv.Thousand Dollars{$2O,OOO)("Grant`'},solely for the purposes set forth in Section <br /> C below. Grantee shall have the right to receive Grant funds only pursuant to the terms and conditions of this <br /> Agreement. <br /> C- Puroose.of Grant <br /> The Grantee shall use the funds granted hereunder solely for working capital of the Grantee to reimburse the costs <br /> of business interruption caused by required coranavirus closures,pursuant to the Budget sot forth in Exhibit A, <br /> `Grant Budget."No funds shall be used for the purchase/installation of equipment, construction of real estate, <br /> alteration of existing buildings,or other activity that may Impact the natural environment or historic buildings. <br /> D. Gwent Documentation <br /> The Grant shall be evidenced by this Agreement completed application form,and other documentation required by <br /> the Grantor. <br /> II. REPRESENTATIONS,.WARRANTIES AND COVENANTS <br /> In order to induce the Grantor to make the Grant,Grantee represents,warrants and covenants as set forth below in this <br /> Article li as of the date hereof and during the term of this Agreement. <br /> A Qrianizadolt G 1 <br /> Grantee is duty organized and validly existing pursuant to the laws of the State of Washington and Is qualified to do <br /> business in and under the laws of the State of Washington.Grantee has the full power and authority to enter into <br /> this Agreement,to receive money as contemplated herein and to execute and perform the provisions of this <br /> Agreement. The execution,delivery and performance of this Agreement has been duly authorized by all necessary <br /> company action,and no other action of Grantee or any other party is required for the execution,delivery and <br /> performance of this Agreement This Agreement constitutes valid and binding obligations of Grantee. <br /> 8, Comoilance with haws <br /> Grantee will conduct Its business affairs in a reasonable and prudent manner and in compliance with all applicable <br /> laws,Ordinances,rules and regulations and eecutive orders of federal,state,county or raunidpal governments or <br /> agencies now In force or which may be enacted hereafter. <br /> C. 2ibition Aealr►5t.$4,gtslr+irtte�ederal Funds <br /> Neither Grantee nor Grantee's owneris)are prohibited front receiving federal funds_ <br /> D. Accuracy of information <br /> All of the Information provided by Grantee to support of Its request for Grant Funds is complete and accurate and <br /> contains no materially false or misleading information_ <br /> 111, CONOMOOM PnrstrOENTTO AND 046T ORAJVT QIa61J113eMCNr <br /> The Grantor`s obligation to perform its duties under this Agreement,including without err radon causing disbursement of <br /> any funds,shall be subject to the full and complete satisfaction of the fallowing conditions precedent <br /> A kusiteusautadzo§Amumpig <br /> Prior to disbursement of Grant funds and upon request by the Grantor,Grantee will permit the Grantor and Its <br /> representatives at any reasonable time to examine Grantee's books,accounts,and records and to make copies and <br /> memoranda of Grantee's books,accounts and records in order to evaluate Grantee's compliance With this <br /> Agreement. Documents shall be retained by the Business for no less than six(6)years. <br /> 2 <br />