Common use of COMMENCEMENT AND COMPLETION OF THE PROJECT Clause in Contracts

COMMENCEMENT AND COMPLETION OF THE PROJECT. SECTION 3.01 THE PROJECT 6 SECTION 3.02 DILIGENT COMPLETION 6 SECTION 3.03 FILINGS AND REPORTS 6 ARTICLE IV FILOT PAYMENTS SECTION 4.01 FILOT PAYMENTS 7 SECTION 4.02 RESERVED 8 SECTION 4.03 FAILURE TO ACHIEVE MINIMUM INVESTMENT REQUIREMENT 8 SECTION 4.04 REMOVAL OF EQUIPMENT 8 SECTION 4.05 FILOT PAYMENTS ON REPLACEMENT PROPERTY 9 SECTION 4.06 REDUCTIONS IN PAYMENT OF TAXES UPON DIMINUTION IN VALUE; INVESTMENT MAINTENANCE REQUIREMENT 9 ARTICLE V 9 PARTICULAR COVENANTS AND AGREEMENTS 10 SECTION 5.01 CESSATION OF OPERATIONS 10 SECTION 5.02 RIGHTS TO INSPECT 10 SECTION 5.03 CONFIDENTIALITY 10 SECTION 5.04 LIMITATION OF COUNTY’S LIABILITY 11 SECTION 5.05 MERGERS, REORGANIZATIONS AND EQUITY TRANSFERS 11 SECTION 5.06 INDEMNIFICATION COVENANTS 11 SECTION 5.07 QUALIFICATION IN STATE 12 SECTION 5.08 NO LIABILITY OF COUNTY’S PERSONNEL 12 SECTION 5.09 ASSIGNMENT, LEASES OR TRANSFERS 12 SECTION 5.10 ADMINISTRATION EXPENSES 13 SECTION 5.11 PRIORITY LIEN STATUS 13 SECTION 5.12 INTEREST; PENALTIES 13 SECTION 5.13 SPONSOR AFFILIATES 13 ARTICLE VI DEFAULT 14 SECTION 6.01 EVENTS OF DEFAULT 14 SECTION 6.02 REMEDIES UPON DEFAULT 14 SECTION 6.03 REIMBURSEMENT OF LEGAL FEES AND EXPENSES AND OTHER EXPENSES 15 SECTION 6.04 NO WAIVER 15 ARTICLE VII 15 MISCELLANEOUS 15 SECTION 7.01 NOTICES 15 SECTION 7.02 BINDING EFFECT 16 SECTION 7.03 COUNTERPARTS 16 SECTION 7.04 GOVERNING LAW 17 SECTION 7.05 HEADINGS 17 SECTION 7.06 AMENDMENTS 17 SECTION 7.07 FURTHER ASSURANCE 17 SECTION 7.08 INVALIDITY; CHANGE IN LAWS 17 SECTION 7.09 TERMINATION BY COMPANY 17 SECTION 7.10 ENTIRE UNDERSTANDING 18 SECTION 7.11 WAIVER 18 SECTION 7.12 BUSINESS DAY 18 EXHIBIT A – DESCRIPTION OF LAND EXHIBIT B – INVESTMENT CERTIFICATION SUMMARY OF CONTENTS OF FEE IN LIEU OF TAX AGREEMENT As permitted under Section 12-44-55(B), Code of Laws of South Carolina 1976, as amended (the “Code”), the parties have agreed to waive the requirements of Section 12-44-55 of the Code. The following is a summary of the key provisions of this Fee in Lieu of Tax Agreement. This summary is inserted for convenience only and does not constitute a part of this Fee in Lieu of Tax Agreement or a summary compliant with Section 12-44-55 of the Code.

COMMENCEMENT AND COMPLETION OF THE PROJECT. SECTION 7 Section 3.01 THE PROJECT 6 SECTION The Project 7 Section 3.02 DILIGENT COMPLETION 6 SECTION Diligent Completion 7 Section 3.03 FILINGS AND REPORTS 6 ARTICLE IV Filings and Reports 7 FILOT PAYMENTS SECTION 9 Section 4.01 FILOT PAYMENTS 7 SECTION Payments 9 Section 4.02 RESERVED 8 SECTION [Reserved] 10 Section 4.03 FAILURE TO ACHIEVE MINIMUM INVESTMENT REQUIREMENT 8 SECTION Failure to Achieve Minimum Investment Requirement 10 Section 4.04 REMOVAL OF EQUIPMENT 8 SECTION Removal of Equipment 10 Section 4.05 FILOT PAYMENTS ON REPLACEMENT PROPERTY 9 SECTION Payments on Replacement Property 11 Section 4.06 REDUCTIONS IN PAYMENT OF TAXES UPON DIMINUTION IN VALUEReductions in Payment of Taxes Upon Diminution in Value; INVESTMENT MAINTENANCE REQUIREMENT 9 ARTICLE V 9 Investment Maintenance Requirement 11 PARTICULAR COVENANTS AND AGREEMENTS 10 SECTION 12 Section 5.01 CESSATION OF OPERATIONS 10 SECTION Cessation of Operations 12 Section 5.02 RIGHTS TO INSPECT 10 SECTION Rights to Inspect 12 Section 5.03 CONFIDENTIALITY 10 SECTION Confidentiality 12 Section 5.04 LIMITATION OF COUNTY’S LIABILITY 11 SECTION Limitation of County’s Liability 12 Section 5.05 MERGERSMergers, REORGANIZATIONS AND EQUITY TRANSFERS 11 SECTION Reorganizations and Equity Transfers 13 Section 5.06 INDEMNIFICATION COVENANTS 11 SECTION Indemnification Covenants 13 Section 5.07 QUALIFICATION IN STATE 12 SECTION Qualification in State 14 Section 5.08 NO LIABILITY OF COUNTY’S PERSONNEL 12 SECTION No Liability of County’s Personnel 14 Section 5.09 ASSIGNMENTAssignment, LEASES OR TRANSFERS 12 SECTION Leases or Transfers 14 Section 5.10 ADMINISTRATION EXPENSES 13 SECTION Administration Expenses 15 Section 5.11 PRIORITY LIEN STATUS 13 SECTION Priority Lien Status 15 Section 5.12 INTERESTInterest; PENALTIES 13 SECTION Penalties 15 Section 5.13 SPONSOR AFFILIATES 13 ARTICLE VI Sponsor Affiliates 15 DEFAULT 14 SECTION 17 Section 6.01 EVENTS OF DEFAULT 14 SECTION Events of Default 17 Section 6.02 REMEDIES UPON DEFAULT 14 SECTION Remedies Upon Default 17 Section 6.03 REIMBURSEMENT OF LEGAL FEES AND EXPENSES AND OTHER EXPENSES 15 SECTION Reimbursement of Legal Fees and Expenses and Other Expenses 18 Section 6.04 NO WAIVER 15 ARTICLE VII 15 No Waiver 18 MISCELLANEOUS 15 SECTION 19 Section 7.01 NOTICES 15 SECTION Notices 19 Section 7.02 BINDING EFFECT 16 SECTION Binding Effect 19 Section 7.03 COUNTERPARTS 16 SECTION Counterparts; Electronic Signatures 20 Section 7.04 GOVERNING LAW 17 SECTION Governing Law 20 Section 7.05 HEADINGS 17 SECTION Headings 20 Section 7.06 AMENDMENTS 17 SECTION Amendments 20 Section 7.07 FURTHER ASSURANCE 17 SECTION Further Assurance 20 Section 7.08 INVALIDITYInvalidity; CHANGE IN LAWS 17 SECTION Change in Laws 20 Section 7.09 TERMINATION BY COMPANY 17 SECTION Termination by Company 21 Section 7.10 ENTIRE UNDERSTANDING 18 SECTION Entire Understanding 21 Section 7.11 WAIVER 18 SECTION Waiver 21 Section 7.12 BUSINESS DAY 18 Business Day 21 EXHIBIT A – DESCRIPTION OF LAND EXHIBIT B – INVESTMENT CERTIFICATION SUMMARY OF CONTENTS OF FEE IN LIEU OF TAX AGREEMENT As permitted under Section 12-44-55(B), Code of Laws of South Carolina 1976, as amended (the “Code”), the parties have agreed to waive the requirements of Section 12-44-55 of the Code. The following is a summary of the key provisions of this Fee in Lieu of Tax Agreement. This summary is inserted for convenience only and does not constitute a part of this Fee in Lieu of Tax Agreement or a summary compliant with Section 12-44-55 of the Code. Company Name: Project Care Project Name: Project Care Projected Investment: $5,325,000 Projected Jobs: 48 Location (street): Tax Map No.:

COMMENCEMENT AND COMPLETION OF THE PROJECT. SECTION 3.01 THE PROJECT 6 8 SECTION 3.02 DILIGENT COMPLETION 6 8 SECTION 3.03 FILINGS AND REPORTS 6 8 ARTICLE IV FILOT PAYMENTS SECTION 4.01 FILOT PAYMENTS 7 10 SECTION 4.02 RESERVED 8 SECTION 4.03 FAILURE TO ACHIEVE CONTRACT MINIMUM INVESTMENT REQUIREMENT 8 REQUIREMENTS 11 SECTION 4.03 REMOVAL OF PROJECT PROPERTY 12 SECTION 4.04 REMOVAL OF EQUIPMENT 8 SECTION 4.05 FILOT PAYMENTS ON REPLACEMENT PROPERTY 9 12 SECTION 4.06 4.05 REDUCTIONS IN PAYMENT OF TAXES UPON DIMINUTION IN VALUE; INVESTMENT MAINTENANCE REQUIREMENT 9 12 ARTICLE V 9 PARTICULAR COVENANTS AND AGREEMENTS 10 SECTION 5.01 CESSATION OF OPERATIONS 10 14 SECTION 5.02 RIGHTS TO INSPECT 10 14 SECTION 5.03 CONFIDENTIALITY 10 14 SECTION 5.04 LIMITATION OF COUNTY’S LIABILITY 11 15 SECTION 5.05 MERGERS, REORGANIZATIONS AND EQUITY TRANSFERS 11 15 SECTION 5.06 INDEMNIFICATION COVENANTS 11 15 SECTION 5.07 QUALIFICATION IN STATE 12 16 SECTION 5.08 NO LIABILITY OF COUNTY’S PERSONNEL 12 16 SECTION 5.09 ASSIGNMENT, LEASES OR TRANSFERS 12 16 SECTION 5.10 ADMINISTRATION EXPENSES 13 17 SECTION 5.11 PRIORITY LIEN STATUS 13 17 SECTION 5.12 INTEREST; PENALTIES 13 18 SECTION 5.13 SPONSOR AFFILIATES 13 ARTICLE VI DEFAULT 14 SECTION 6.01 EVENTS OF DEFAULT 14 SECTION 6.02 REMEDIES UPON DEFAULT 14 SECTION 6.03 REIMBURSEMENT OF LEGAL FEES AND EXPENSES AND OTHER EXPENSES 15 SECTION 6.04 NO WAIVER 15 ARTICLE VII 15 MISCELLANEOUS 15 SECTION 7.01 NOTICES 15 SECTION 7.02 BINDING EFFECT 16 SECTION 7.03 COUNTERPARTS 16 SECTION 7.04 GOVERNING LAW 17 SECTION 7.05 HEADINGS 17 SECTION 7.06 AMENDMENTS 17 SECTION 7.07 FURTHER ASSURANCE 17 SECTION 7.08 INVALIDITY; CHANGE IN LAWS 17 SECTION 7.09 TERMINATION BY COMPANY 17 SECTION 7.10 ENTIRE UNDERSTANDING 18 SECTION 7.11 WAIVER 18 SECTION 7.12 BUSINESS DAY 18 EXHIBIT A – DESCRIPTION OF LAND EXHIBIT B – INVESTMENT CERTIFICATION SUMMARY OF CONTENTS OF FEE IN LIEU OF TAX AGREEMENT As permitted under Section 12-44-55(B), Code of Laws of South Carolina 1976, as amended (the “Code”), the parties have agreed to waive the requirements of Section 12-44-55 of the Code. The following is a summary of the key provisions of this Fee in Lieu of Tax Agreement. This summary is inserted for convenience only and does not constitute a part of this Fee in Lieu of Tax Agreement or a summary compliant with Section 12-44-55 of the Code.18

COMMENCEMENT AND COMPLETION OF THE PROJECT. SECTION 3.01 THE PROJECT 6 7 SECTION 3.02 DILIGENT COMPLETION 6 7 SECTION 3.03 FILINGS AND REPORTS 6 7 ARTICLE IV FILOT PAYMENTS 9 SECTION 4.01 FILOT PAYMENTS 7 9 SECTION 4.02 RESERVED 8 SECTION 4.03 FAILURE TO ACHIEVE MINIMUM INVESTMENT REQUIREMENT 8 10 SECTION 4.04 4.03 REMOVAL OF EQUIPMENT 8 10 SECTION 4.05 4.04 FILOT PAYMENTS ON REPLACEMENT PROPERTY 9 11 SECTION 4.06 4.05 REDUCTIONS IN PAYMENT OF TAXES UPON DIMINUTION IN VALUE; INVESTMENT MAINTENANCE REQUIREMENT 9 11 ARTICLE V 9 PARTICULAR COVENANTS AND AGREEMENTS 10 12 SECTION 5.01 CESSATION OF OPERATIONS 10 12 SECTION 5.02 RIGHTS TO INSPECT 10 12 SECTION 5.03 CONFIDENTIALITY 10 12 SECTION 5.04 LIMITATION OF COUNTY’S LIABILITY 11 13 SECTION 5.05 MERGERS, REORGANIZATIONS AND EQUITY TRANSFERS 11 13 SECTION 5.06 INDEMNIFICATION COVENANTS 11 13 SECTION 5.07 QUALIFICATION IN STATE 12 14 SECTION 5.08 NO LIABILITY OF COUNTY’S PERSONNEL 12 14 SECTION 5.09 ASSIGNMENT, LEASES OR TRANSFERS 12 14 SECTION 5.10 ADMINISTRATION EXPENSES 13 15 SECTION 5.11 PRIORITY LIEN STATUS 13 15 SECTION 5.12 INTEREST; PENALTIES 13 15 SECTION 5.13 SPONSOR AFFILIATES 13 16 ARTICLE VI DEFAULT 14 SECTION 6.01 EVENTS OF DEFAULT 14 17 SECTION 6.02 REMEDIES UPON DEFAULT 14 17 SECTION 6.03 REIMBURSEMENT OF LEGAL FEES AND EXPENSES AND OTHER EXPENSES 15 18 SECTION 6.04 NO WAIVER 15 18 ARTICLE VII 15 MISCELLANEOUS 15 19 SECTION 7.01 NOTICES 15 19 SECTION 7.02 BINDING EFFECT 16 19 SECTION 7.03 COUNTERPARTS 16 20 SECTION 7.04 GOVERNING LAW 17 20 SECTION 7.05 HEADINGS 17 20 SECTION 7.06 AMENDMENTS 17 20 SECTION 7.07 FURTHER ASSURANCE 17 20 SECTION 7.08 INVALIDITY; CHANGE IN LAWS 17 20 SECTION 7.09 TERMINATION BY COMPANY 17 20 SECTION 7.10 ENTIRE UNDERSTANDING 18 21 SECTION 7.11 WAIVER 18 21 SECTION 7.12 BUSINESS DAY 18 21 EXHIBIT A – DESCRIPTION OF LAND EXHIBIT B – INVESTMENT CERTIFICATION SUMMARY OF CONTENTS OF FEE IN LIEU OF TAX AGREEMENT As permitted under Section 12-44-55(B), Code of Laws of South Carolina 1976, as amended (the “Code”), the parties have agreed to waive the requirements of Section 12-44-55 of the Code. The following is a summary of the key provisions of this Fee in Lieu of Tax Agreement. This summary is inserted for convenience only and does not constitute a part of this Fee in Lieu of Tax Agreement or a summary compliant with Section 12-44-55 of the Code. Company Name: Project Name: Gatsby Projected Investment: $8,800,000 Projected Jobs: 100 Location (street): Tax Map No.:

COMMENCEMENT AND COMPLETION OF THE PROJECT. SECTION 3.01 THE PROJECT 6 7 SECTION 3.02 DILIGENT COMPLETION 6 7 SECTION 3.03 FILINGS AND REPORTS 6 7 ARTICLE IV FILOT PAYMENTS SECTION 4.01 FILOT PAYMENTS 7 9 SECTION 4.02 RESERVED 8 SECTION 4.03 FAILURE TO ACHIEVE MINIMUM INVESTMENT REQUIREMENT 8 10 SECTION 4.04 4.03 REMOVAL OF EQUIPMENT 8 10 SECTION 4.05 4.04 FILOT PAYMENTS ON REPLACEMENT PROPERTY 9 10 SECTION 4.06 4.05 REDUCTIONS IN PAYMENT OF TAXES UPON DIMINUTION IN VALUE; INVESTMENT MAINTENANCE REQUIREMENT 9 11 ARTICLE V 9 PARTICULAR COVENANTS AND AGREEMENTS 10 SECTION 5.01 CESSATION OF OPERATIONS 10 12 SECTION 5.02 RIGHTS TO INSPECT 10 12 SECTION 5.03 CONFIDENTIALITY 10 12 SECTION 5.04 LIMITATION OF COUNTY’S 'S LIABILITY 11 12 SECTION 5.05 MERGERS, REORGANIZATIONS AND EQUITY TRANSFERS 11 13 SECTION 5.06 INDEMNIFICATION COVENANTS 11 13 SECTION 5.07 QUALIFICATION IN STATE 12 14 SECTION 5.08 NO LIABILITY OF COUNTY’S 'S PERSONNEL 12 14 SECTION 5.09 ASSIGNMENT, LEASES OR TRANSFERS 12 14 SECTION 5.10 ADMINISTRATION EXPENSES 13 15 SECTION 5.11 PRIORITY LIEN STATUS 13 15 SECTION 5.12 INTEREST; PENALTIES 13 15 SECTION 5.13 SPONSOR AFFILIATES 13 ARTICLE VI DEFAULT 14 SECTION 6.01 EVENTS OF DEFAULT 14 SECTION 6.02 REMEDIES UPON DEFAULT 14 SECTION 6.03 REIMBURSEMENT OF LEGAL FEES AND EXPENSES AND OTHER EXPENSES 15 SECTION 6.04 NO WAIVER 15 ARTICLE VII 15 MISCELLANEOUS 15 SECTION 7.01 NOTICES 15 SECTION 7.02 BINDING EFFECT 16 SECTION 7.03 COUNTERPARTS 16 SECTION 7.04 GOVERNING LAW 17 SECTION 7.05 HEADINGS 17 SECTION 7.06 AMENDMENTS 17 SECTION 7.07 FURTHER ASSURANCE 17 SECTION 7.08 INVALIDITY; CHANGE IN LAWS 17 SECTION 7.09 TERMINATION BY COMPANY 17 SECTION 7.10 ENTIRE UNDERSTANDING 18 SECTION 7.11 WAIVER 18 SECTION 7.12 BUSINESS DAY 18 EXHIBIT A – DESCRIPTION OF LAND EXHIBIT B – INVESTMENT CERTIFICATION SUMMARY OF CONTENTS OF FEE IN LIEU OF TAX AGREEMENT As permitted under Section 12-44-55(B), Code of Laws of South Carolina 1976, as amended (the “Code”), the parties have agreed to waive the requirements of Section 12-44-55 of the Code. The following is a summary of the key provisions of this Fee in Lieu of Tax Agreement. This summary is inserted for convenience only and does not constitute a part of this Fee in Lieu of Tax Agreement or a summary compliant with Section 12-44-55 of the Code.15