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continue through January 31, 2016, or the end of the month following the last performance <br /> measurement date, whichever is later, unless terminated prior to that time as provided for in <br /> this Agreement. The Report/Audit Term of this Agreement shall extend five (5 ) years after the <br /> last performance measurement date for reporting, record-keeping, and audit-related <br /> obligations. The record-keeping and audit-related obligations (Paragraphs 7.0(g) and 20.0) of <br /> the Closing Fund Awardee shall survive any termination or expiration of this Agreement. <br /> 4.0 CLOSING FUND AWARDEE DESCRIPTION : <br /> (a) The Closing Fund Awardee is Piper Aircraft, Inc. It is identified for <br /> unemployment compensation purposes under the unit name of <br /> Piper Aircraft, Inc. ; account number 002437840 <br /> (b ) The Closing Fund Awardee understands and agrees that the <br /> requirements in Paragraphs 7.0, 9.0, 10 .0, and 20.0 of this Agreement pertain only to the Project <br /> described in Paragraph 5 .0(a) of this Agreement for the business unit described in Paragraph <br /> 4.0(a) of this Agreement. <br /> 5.0 PROJECT DESCRIPTION AND AWARD CONDITIONS : <br /> (a) Project Description. This Project (as such term is used herein) will <br /> include the retention and expansion of the Closing Fund Awardee's facilities and operations in <br /> Vero Beach, Indian River County, Florida, as described in "Exhibit A," including the design, <br /> development, and production and/or assembly of the new PiperJet or alternate aircraft projects <br /> that deploy new technology resulting in the job levels and capital investment contemplated by <br /> this Agreement. <br /> (3745/01/00234567.DOCv51 <br /> 3 <br />