(b) The corporation may waive or modify a recapture provision of this article or an agreement made with a person to whom the corporation has awarded an incentive if the corporation determines that the recipient of an incentive awarded by the corporation has failed to meet a condition for receiving the incentive because of circumstances beyond the recipient's control, including:(1) natural disaster;(2) unforeseen industry trends;(3) lack of available labor force;(4) loss of a major supplier or market; or(5) another circumstance beyond the recipient's control, as determined by the corporation.As added by P.L.110-2010, SEC.13.
Indiana Legal Code