CHARITABLE VENTURES OF ORANGE COUNTY, INC.

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E. Grant Disbursement: CHARITABLE VENTURES will disburse the Grant to the Business within 10 business days after all of the following have been completed: 1) all Parties have signed this Agreement, 2) the Business has submitted the required application, financial, and disbursement forms, hereby attached as part of this agreement. F. Grant Term: This Agreement will take effect on the Execution Date and terminate on December 30, 2020 ("Grant Term"). G. CHARITABLE VENTURES Liaison: The Business will be assigned an individual at CHARITABLE VENTURES who will serve as a primary point of contact for questions and will connect the Business to resources during the Grant Term. H. Final Report: (i) By October 31, 2020 ("Reporting Deadline"), the Business must provide the CITY with a Final Report on the operational status of the Business, the number of current employees and an accounting of the use of the Grant as of October 31, 2020. will provide an online reporting template by November 1, 2020. The Business must either complete the online template, send via email, or mail a paper copy of the completed template to the following address by the Reporting Deadline: City of Santa Ana Economic Development Division 20 Civic Center Plaza, M-25 Santa Ana, CA 92702 Attn: Marc Morley (ii) As an attachment to the Final Report, the Business must provide documentation of its reported Grant use, such as expense receipts and payroll filings for the periods covering the Effective Date through December 30, 2020. I. Repayment of Grant Funds: (i) If the Business does not use the Grant as required by Section 1(d), then the Business must repay the grant award back to the City by January 31, 2021. (ii) If the Business ceases operations before the end of the Grant Term, the Business must notify the CHARITABLE VENTURES Liaison immediately and must complete the Final Report and repay any unused portion of the Grant to the City within 30 days 24