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BREACH <br />Of primary importance to the Commission is compliance with the <br />terms and conditions of this grant contract. If, however, after <br />all reasonable attempts to require compliance have failed, the <br />Commission finds that Sponsor is unwilling and /or unable to com- <br />ply with any of the terms and conditions of this grant contract, <br />or the application incorporated herein, the Commission may, in <br />its discretion, pursue one or both of the following remedies: <br />(1) advise the Attorney General to bring suit seeking pro rata <br />reimbursement of the amount paid to Sponsor by the State, pursuant <br />to the Grant Contract; (2) deny Sponsor's future requests for <br />state aid. The Commission shall be limited to the assets -of the <br />City of Paris Airport Fund in pursuing any remedy for <br />breach. <br />The Sponsor's acceptance of this Offer and ratification and adoption <br />o' a! trl i cation f-nrr rant_ contract incorporated herein- shal 1 he <br />t:v i 6011 .ed by execut ion o f this i n trument by the Sponsor, a> here - <br />in nier provided, and said Offer and Acceptance shall comprise a <br />Srant Contract, constituting the obligations and rights of the <br />Stair_ of Texas and the Sponsor with respect to the accomplishment <br />of the project and the operation and maintenance of the Airport. <br />Sucn Srant Contract shall become effective upon the Sponsor's <br />acceptance of this Offer and shall remain in full force and effect <br />throughout the useful life of the facilities developed under the <br />pcojecr., but in any event not to exceed twenty (20) years from the <br />0ve of said acceptance. <br />TAC Form 400 -6 (3/83) Page 6 oF 8 <br />