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2 . This Agreement between the parties sets forth the requirements and responsibilities for cost reimbursement , acquisition and management of the Project Site , described in the application that was submitted and selected for funding by FCT ( Application ) . 3 . .Approval for funding shall be until Jule 3 , 2004 ( Expiration Date ) . in the event that the Project Plan described in Section V . below has not been approved by the Expiration Date, this Agreement shall be terminated . The FCT may extend this Agreement beyond the Expiration Date if the Recipient demonstrates that significant progress is being made toward Project Plan approval or that extenuating circumstances warrant an extension of time . A request for an extension must be made in writing to FCT, fully explaining the reason for the delay and why the extension is necessary . If the Recipient does not request an extension , or if an extension is not granted to the Recipient by the FCT, the Florida Forever award granted to the Recipient shall terminate and all obligations hereunder shall cease . 4 . This Agreement may be terminated before its Expiration Date at the written request of the Recipient . Such a request shall fully describe the circumstances that compel the Recipient to terminate the project . A request for termination should be mailed to the FCT at the address given in paragraph 1 above . S . This Agreement may be terminated before its Expiration Date by the FCT if it is determined by the FCT that no significant progress is being made toward Project Site acquisition or Project Plan approval , non -performance by the Recipient of the requirements listed or that other circumstances are present that would, in all likelihood, preclude or prevent the successful reimbursement for the acquisition costs for the Project Site within the established time frame . Prior to termination , notice of the proposed termination shall be mailed to the Recipient at the address given in paragraph 13 below . 6 . Recipient agrees to submit the documentation to FCT that is required in this Agreement as soon as possible so that the Project Site may be acquired in an expeditious manner. Deadlines stated in this Agreement, as well as deadlines associated with any FCT activity relating to the project, are strictly enforced . Failure to adhere to deadlines may result in delays in the project, may result in allocation of time or resources to other recipients that responded timely, and may result in this Agreement being terminated by FCT . It is the responsibility of the Recipient and its representatives to know all project deadlines , to devise a method of monitoring the project, and to adhere to all deadlines . The Recipient shall provide a monthly status report to FCT of progress towards acquisition and reimbursement of the acquisition project costs . 03-084- FF3 November 18, 2003 Reimbursement Acquisition - 3 -