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scheduled to receive for that year; however, such decrease will not preclude the <br />Company's receipt of scheduled Grant amounts for those subsequent years in which <br />it is able to maintain its fob creation and wage level commitment. <br />14. Assignment. COMPANY shall not, directly or indirectly, assign or transfer any of <br />its rights or obligations under this Agreement, or any interest therein (the foregoing <br />herein collectively "Transfer") without the express ,prior written consent of the <br />Community Development Director. The Community Development Director shall not <br />u nreasonably withhold its consent to any Transfer. Any such attempted Transfer <br />without the express prior written Community Development Director consent shall be <br />null and void and may, at the option of the County Community Development <br />Director, be deemed an event of default under this Agreement. COMPANY <br />acknowledges and agrees that the Community Development Director has the right, in <br />granting or withholding consent to any Transfer, to consider, among other things, the <br />financial responsibility and business reputation of the proposed assignee or transferee <br />(the foregoing herein collectively "Transferee"); and any other items that the Indian <br />River County Community Development Director, in his sole discretion, deems <br />appropriate. <br />If COMPANY seeks the Community Development Director's consent for a <br />Transfer, COMPANY shall submit to the Community Development Director a <br />written request therefore, accompanied by the following documentation: (i) the <br />n ame, address, and telephone number of the proposed Transferee; (ii) a description <br />o f the business and jobs, including wages, to be created in Indian River County; and <br />(iii) a financial statement or other reasonably detailed financial information <br />concerning the proposed Transferee. If the Community Development Director <br />withholds the consent to Transfer, COMPANY may appeal to the County <br />Administrator. If the County Administrator withholds the consent to Transfer, <br />COMPANY may appeal to the Board of County Commissioners COMPANY <br />acknowledges and agrees that (a) the County Administrator or his designee, or the <br />Indian River County Board of County Commissioners, has the right to request any <br />additional information deemed necessary to make the decision relating to consent to <br />the Transfer; and (b) if appealed to the Board of County Commissioners such <br />request for a Transfer is expressly subject to the approval of the Transfer by the <br />B oard of County Commissioners at a formal meeting thereof, and such Transfer <br />shall become effective only when signed by the Transferee and approved by the <br />B oard, which consent shall not be unreasonably withheld. <br />The foregoing covenant shall be binding on the permitted successors or assigns of <br />COMPANY The prohibition on Transfers shall not prohibit a change in the form in <br />which COMPANY conducts business. COMPANY will be released from further <br />liability under this Agreement in the event of an approved Transfer; provided that the <br />County's consent to any Transfer will not otherwise relieve COMPANY from any <br />pre-existing obligation to COUNTY under this Agreement. <br />