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contained herein , and Developer shall provide such supplementary budget information in a <br /> timely fashion in a form and content prescribed by Grantee . <br /> C . Recapture and Reallocation of Developer' s Allocation of NSP3 <br /> Funds <br /> If Developer fails to expend NSP3 funds as indicated with regard to the goals and <br /> delivery schedule in Exhibit A. Grantee at its sole discretion may recapture a portion or all of <br /> Developer' s total NSP3 funding allocation . The portion recaptured will be equal to Grantee' s <br /> estimate of the amount of NSP3 funds that would remain unspent by the spending deadlines <br /> described herein , based on Developer' s activities to date and capacity to complete the work . <br /> 1 <br /> In addition , the amount of Developer' s NS133 funding allocation that is not obligated or <br /> expended by the deadlines in Section II herein will be recaptured immediately unless Grantee <br /> grants a brief extension of the deadline in writing based on extenuating circumstances and <br /> compelling evidence that obligations will be completed during the extended period . <br /> IV , PAYMENT <br /> It is expressly agreed and understood that the total amount of NSP3 funds to be paid by Grantee to <br /> Developer under this "Agreement shall not exceed the amount described in Section III . A . herein plus <br /> additional amounts allocated , if any . Requests for the payment of eligible expenses shall be associated <br /> with the budget line items in Exhibit A and in accordance with performance . <br /> V . NOTICES <br /> Notices required by this Agreement shall be in writing and delivered via mail ( postage prepaid ) , <br /> commercial courier, personal delivery, e - mail , or sent by facsimile or other electronic means . Any notice <br /> sent as aforesaid shall be effective on the date of sending . All notices and other written communications <br /> under this Agreement shall be addressed to the individuals in the capacities indicated below, unless <br /> otherwise modified by subsequent written notice . <br /> Communication and details concerning this contract shall be directed to the following contract <br /> representatives : <br /> Indian River County Indian River Habitat for Humanity, Inc . <br /> Grantee Developer <br /> Robert M . Keating, Community Andy Bowler, Director <br /> Development Director <br /> Name & Title Name & Title <br /> Indian River County Indian River Habitat for Humanity, Inc . <br /> Grantee Developer <br /> _ _ .. <br /> 8Pagc <br />