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8 <br /> <br />exercise any remedy reserved to it, it shall not be necessary to give notice, other than such notice <br />as provided in Section 4.02. <br /> <br /> Section 4.05 No Additional Waiver Implied by One Waiver. In the event any agreement <br />contained in this Agreement should be breached by Grantee and thereafter waived by Authority, <br />such waiver shall be limited to the particular breach so waived and shall not be deemed to waive <br />any other concurrent, previous or subsequent breach hereunder. <br /> <br />ARTICLE 5 <br />ACCOUNTING, AUDIT AND REPORTING REQUIREMENTS <br /> <br />Section 5.01 Accounting and Records. Grantee agrees to establish and maintain <br />complete, accurate and detailed accounts and records relating to the receipt and expenditure of all <br />Funds received under this Agreement. Such accounts and records shall be kept and maintained by <br />Grantee for a period of six (6) years following the termination of this Agreement. Accounting <br />methods shall be in accordance with generally accepted accounting principles. <br /> <br />Section 5.02 Audits. The accounts and records of Grantee described in Section 5.01 shall <br />be audited in the same manner as all other accounts and records of Grantee and may, for a period <br />of six (6) years following the termination of this Agreement, be inspected on Grantee’s premises <br />by Authority or individuals or organizations designated by Authority, upon reasonable notice <br />thereof to Grantee. The books, records, documents and accounting procedures relevant to this <br />Agreement are subject to examination by the State Auditor in accordance with Minnesota law. <br /> <br />Section 5.03 Grantee further agrees that it is financially responsible (liable) for any audit <br />exception which occurs due to its negligence or failure to comply with the terms of the Agreement. <br /> <br />ARTICLE 6 <br />GENERAL PROVISIONS <br /> <br />Section 6.01 Amendments. This Agreement represents the entire agreement between <br />Authority and Grantee on the matters covered herein. No other agreement, statement, or promise <br />made by any party, or by any employee, officer, or agent of any party that is not in writing and <br />signed by all the parties to this Agreement shall be binding. Authority and Grantee may amend <br />this Agreement by mutual agreement and shall be effective only on the execution of written <br />amendments signed by authorized representatives of Authority and Grantee. <br /> <br />Section 6.02 Equal Opportunity and Non-discrimination. Grantee will comply with all <br />federal, state, and local laws prohibiting discrimination on the basis of age, race, creed, color, <br />national origin, sex, gender identity, marital status, disability (including sensory, mental or <br />physical), status with regard to public assistance, sexual orientation, familial status (including <br />minor dependents), or any other basis now or hereafter prohibited by law. Grantee will include in <br />all solicitations for work on the Project, a statement that all qualified applicants will be considered <br />for employment. The words “Equal Opportunity Employer” in advertisements shall constitute <br />compliance with this section. Grantee will not discriminate, or allow any contractor, <br />subcontractor, union or vender engaged in any activity in connection with the Project to