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1. GRANT ELIGIBILITY CITY has determined that GRANTEE is eligible for the Grant Program as detailed in Eligible Use Test and Determination attached hereto as Exhibit A. GRANTEE agrees that it will adhere to the guidelines and requirements in this Agreement and in Exhibit A. Failure to follow the requirements and meet the stated expectations may constitute breach of Agreement that could result in termination of this Agreement or serve as reason for the CITY to recapture the grant funds awarded to GRANTEE pursuant to this Agreement. 2. GRANT AMOUNT Pursuant to this Agreement, CITY will disburse a onetime payment of $506,608.51, as detailed in Exhibit A, to GRANTEE ("Grant") upon execution of this Agreement by all parties. In executing this Agreement and receiving these Grant funds, GRANTEE agrees to use the Grant funds only for the purpose described and subject to the terms and conditions provided for in this Agreement and Exhibit A. Should GRANTEE fail to use the Grant funds for such purpose or otherwise comply fully with the terms of this Agreement or Exhibit A, CITY shall have the right to terminate this Agreement and demand the return of the Grant funds. CITY reserves the right to reduce the amount of Grant funds to GRANTEE, or to completely terminate this Agreement, in the CITY's sole discretion, if there is a reduction in ARPA SLFRF funds provided to the CITY. 3. GRANT TERM This Agreement shall take effect on the date first above written and remain in effect through GRANTEE's full expenditure of the funds. Since the CITY is providing funds to GRANTEE for the purpose of directly benefitting GRANTEE as a result of experiencing a public health impact or negative economic impact, GRANTEE is acting as a beneficiary. Acting as a beneficiary, GRANTEE is not subject to expenditure deadline requirements. City has the right to terminate this Agreement upon one day's notice, with or without cause. Should the City terminate the Agreement, it shall also have the right to demand the immediate return of all funds provided to GRANTEE pursuant to this Agreement not yet expended by GRANTEE. Notwithstanding the foregoing, the indemnification provisions of this Agreement shall survive any expiration or termination of this Agreement. 4. REPORTING REQUIREMENTS For reporting purposes, the Grant Program shall be categorized under United States Department of Treasury Expenditure Category 2.34: Assistance to Impacted Nonprofit Organizations. Since the CITY is providing finds to GRANTEE for the purpose of directly benefitting GRANTEE as a result of experiencing a public health impact or negative economic impact, GRANTEE is acting as a beneficiary. Acting as a beneficiary, GRANTEE is not subject to subrecipient monitoring and reporting requirements. However, GRANTEE shall retain all records and documents related to the Grant Program for five (5) years after the termination of this Agreement. Additionally, GRANTEE shall be responsible for complying with any changes or 1A