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Requirement, the City may send written notice of such non-compliance to Company. If such non- <br />compliance (other than its obligations to comply with the Minimum Jobs Requirement) is not cured <br />within sixty (60) days after Company's receipt of such notice or, if non-compliance is not <br />reasonably susceptible to cure within sixty (60) days and a cure is not begun within such 60-day <br />period and thereafter continuously and diligently pursued to completion on a schedule approved <br />by the City (in either event, a "Cure"), then the City may, at its sole discretion, terminate this <br />Agreement or withhold Grant Payments otherwise due for the calendar year or years in which the <br />non-compliance occurs. If the City elects to withhold Grant Payments under this Section rather <br />than to terminate the Agreement, then, upon a Cure by Company, Company will be eligible to <br />receive Grant Payments in future years (provided it is otherwise in compliance and subject to other <br />limitations of this Agreement) for the remainder of the Term. However, the Grant Payment <br />withheld by the City for any year during which Company was not in compliance, shall be deemed <br />forfeited by Company and the City shall not be liable for later payment of such forfeited Grant <br />Payments. For example, if Company fails to satisfy the Minimum Jobs Requirement in the year <br />2018, Company will not receive a Grant Payment in 2019. Company will, however, be eligible to <br />receive a Grant Payment in 2020 for compliance in 2019. Except as to circumstances arising from <br />an event of force majeure, the Term shall not be extended as a result of any cure period agreed to <br />by the City under this Section. <br />a. Other Termination. In the event either UMC Development or Company <br />does not acquire title to the Project Site, this Agreement shall immediately terminate upon <br />Company's written notice to the City advising the City thereof. In such event, the Parties <br />shall have no further obligations hereunder. <br />17 <br />