Common use of Annual Report Clause in Contracts

Annual Report. A. Concessionaire shall submit to Department, no later than October 15th following each Period of Operation this Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior Period of Operation. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Number of Boat and Related Equipment Rentals, Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this Agreement and will result in the automatic non- Renewal of this Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.

Annual Report. A. Concessionaire shall submit to Department, no later than October 15th following each Period of Operation this the Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior Period of Operation. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Number of Boat and Related Equipment Rentals, Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this the Agreement and will result in the automatic non- Renewal of this the Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.

Annual Report. A. Concessionaire shall submit to Department, no later than October 15th following each Period of Operation this Term the Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior Period of OperationTerm. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Number of Boat and Related Equipment Rentals, Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this the Agreement and will result in the automatic non- non-Renewal of this the Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.

Annual Report. A. Concessionaire shall submit to Department, no later than October 15th following each Period of Operation Term this Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior Period of OperationTerm. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Number of Boat and Related Equipment Rentals, Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this Agreement and will result in the automatic non- non-Renewal of this Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.

Annual Report. A. Concessionaire shall submit to Department, no later than October December 15th following each Period of Operation Term this Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior Period of OperationTerm. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Number of Boat and Related Equipment Paddleboard Rentals, Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this Agreement and will result in the automatic non- non-Renewal of this Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.

Annual Report. A. Concessionaire shall submit to Department, no later than October December 15th following each Period of Operation this Term the Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior Period of OperationTerm. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Number of Boat and Related Equipment RentalsTickets Sold, Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this the Agreement and will result in the automatic non- non-Renewal of this the Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.

Annual Report. A. Concessionaire shall submit to Department, no later than October 15th following each Period of Operation this Term the Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior Period of OperationTerm. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Number of Boat and Related Equipment Paddleboard Rentals, Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this the Agreement and will result in the automatic non- non-Renewal of this the Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.

Annual Report. A. Concessionaire shall submit to Department, no later than October 15th following each Period of Operation Term this Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior Period of OperationTerm. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Number of Boat and Related Equipment Paddleboard Rentals, Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this Agreement and will result in the automatic non- non-Renewal of this Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.

Annual Report. A. Concessionaire shall submit to Department, no later than October December 15th following each Period of Operation this Term the Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior Period of OperationTerm. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Number of Boat and Related Equipment Paddleboard Rentals, Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this the Agreement and will result in the automatic non- non-Renewal of this the Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.

Annual Report. A. Concessionaire shall submit to Department, no later than October December 15th following each Period of Operation Term this Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior Period of OperationTerm. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Number of Boat and Related Equipment RentalsTickets Sold, Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this Agreement and will result in the automatic non- non-Renewal of this Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.

Annual Report. A. Concessionaire shall submit to Department, no later than October 15th December 1st following each Period of Operation this Term the Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior Period of OperationTerm. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Number of Boat and Related Equipment River Tube Rentals, Total Number of Customers, Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this the Agreement and will result in the automatic non- non-Renewal of this the Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.

Annual Report. A. Concessionaire shall submit to Department, no later than October 15th December 1st following each Period of Operation Term this Agreement is in effect, an Annual Financial Statement (“Annual Report”) for the prior Period of OperationTerm. Each Annual Report shall be signed, dated, and certified by Concessionaire, Concessionaire’s Bookkeeper, or Accountant, and contain the following: Total Number of Boat and Related Equipment River Tube Rentals, Total Number of Customers, Total Gross Revenue, New Jersey State Sales Tax, Operating Expenses, and Net Profit from State Park Concession Operations. Failure on the part of Concessionaire to submit the Annual Report, when due, shall constitute a material breach of this Agreement and will result in the automatic non- non-Renewal of this Agreement if any potential Renewal Term(s) remain. Concessionaire shall provide Department with any additional clarification and/or information necessary to confirm the accuracy of Concessionaire’s Annual Report.