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Except as otherwise indicated herein, no Party may, during the term of this MOU or any renewals <br />or extensions of this MOU, assign or subcontract all or any part of the MOU without prior written <br />consent of all other Parties. <br />TERMINATION <br />This MOU will remain in effect until the end date specified in the Effective Period section below, <br />unless: <br />All Parties mutually agree to terminate this MOU prior to the end date. <br />Federal oversight agencies charged with the administration of WIOA are unable to <br />appropriate funds or if funds are not otherwise made available for continued performance <br />for any fiscal period of this MOU succeeding the first fiscal period. Any party unable to <br />perform pursuant to MOU due to lack of funding shall notify the other Parties as soon as <br />the party has knowledge that funds may be unavailable for the continuation of activities <br />under this MOU; <br />• WIOA is repealed or superseded by subsequent federal law; <br />• Local area designation is changed under WIOA; <br />• A party breaches any provision of this MOU and such breach is not cured within thirty (30) <br />days after receiving written notice from the Local BOARD Chair (or designee) specifying <br />such breach in reasonable detail. In such event, the non -breaching party(s) shall have <br />the right to terminate this MOU by giving written notice thereof to the party in breach, upon <br />which termination Will go into effect immediately. <br />In the event of termination, the Parties to the MOU must convene within thirty (30) days after the <br />breach of the MOU to discuss the formation of the successor MOU. At that time, allocated costs <br />must be addressed. <br />All Parties agree that this MOU shall be reviewed and renewed not less than once every 3 -year <br />period to ensure appropriate funding and delivery of services. <br />....EFFECTIVE PERIOD <br />This MOU is entered into on September 1, 2017. This MOU will become effective as of the date <br />of signing by the final signatory below and must terminate on August 31, 2020, unless any of the <br />reasons in the Termination section above apply. <br />ONE-STOP OPERATING BUDGET <br />The purpose of this section is to establish a financial plan, including terms and conditions, to fund <br />the services and operating costs of the local AJCC networks. The Parties to this MOU agree that <br />joint funding is a necessary foundation for an integrated service delivery system. The goal of the <br />operating budget is to develop a funding mechanism that: <br />15 <br />