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( 10) DEFAULT . <br /> If any of the following events occur ("Events of Default") , all obligations on the part of the <br /> Department to make any further payment of funds hereunder shall , if the Department so elects , terminate <br /> and the Department may, at its option , exercise any of its remedies set forth in Paragraph ( 11 ) , but the <br /> Department may make any payments or parts of payments after the happening of any Events of Default <br /> without thereby waiving the right to exercise such remedies, and without becoming liable to make any <br /> further payment: <br /> (a) If any warranty or representation made by the Recipient in this Agreement or any <br /> previous Agreement with the Department shall at any time be false or misleading in any respect, or if the <br /> Recipient shall fail to keep , observe or perform any of the obligations, terms or covenants contained in <br /> this Agreement or any previous agreement with the Department and has not cured such in timely fashion , <br /> or is unable or unwilling to meet its obligations thereunder; <br /> ( b) If any material adverse change shall occur in the financial condition of the Recipient <br /> at any time during the term of this Agreement, and the Recipient fails to cure said material adverse <br /> change within thirty ( 30) days from the time the date written notice is sent by the Department. <br /> (c) If any reports required by this Agreement have not been submitted to the Department <br /> or have been submitted with incorrect, incomplete or insufficient information ; <br /> (d) If the Recipient has failed to perform and complete in timely fashion any of its <br /> obligations under this Agreement. <br /> ( 11 ) REMEDIES . <br /> Upon the happening of an Event of Default, then the Department may, at its option , upon <br /> thirty ( 30) calendar days prior written notice to the Recipient and upon the Recipient's failure to cure <br /> within said thirty (30) day period , exercise any one or more of the following remedies , either concurrently <br /> or consecutively: <br /> (a) Terminate this Agreement, provided that the Recipient is given at least thirty ( 30) <br /> days prior written notice of such termination . The notice shall be effective when placed in the United <br /> States mail , first class mail , postage prepaid , by registered or certified mail-return receipt requested , to <br /> the address set forth in paragraph ( 13) herein ; <br /> 8 <br />