Grant Acceptance Form

GRANT ACCEPTANCE FORM

RECITALS

WHEREAS, Grantor: (the "Grantor") has authorized the disbursement of funds for the purpose described below; and

WHEREAS, Grantee: (the "Grantee") seeks to accept and be bound by the terms and conditions of the grant award;

WHEREAS, the parties desire to record the Grantee's acceptance of the grant, the scope of activities, reporting obligations, payment schedule, and other material terms on the terms set forth in this Grant Acceptance Form (the "Agreement").

GRANT IDENTIFICATION

SCOPE OF WORK

The Grantee accepts the grant to perform the activities, deliverables, schedule, and performance standards described below. The Grantee shall perform the Scope of Work in a professional manner consistent with prevailing standards for comparable projects and in accordance with the timelines and milestones set out herein.

PAYMENT TERMS

The Grantor shall disburse funds to the Grantee in accordance with the schedule and conditions below. Acceptance of the grant obligates the Grantee to comply with all reporting and documentation requirements necessary to secure each payment.

TERM AND TERMINATION

This Agreement commences on Start Date: and terminates on End Date: unless earlier terminated in accordance with this section.

Either party may terminate this Agreement for material breach by the other party if such breach is not cured within Notice Period (days): days following written notice. Grantor may suspend payments immediately upon suspected material misuse of funds or failure to deliver required reports.

CONFIDENTIALITY

Except as required by applicable law, each party shall maintain in confidence any proprietary or nonpublic information disclosed by the other party that is designated in writing as confidential or that reasonably should be understood to be confidential given the nature of the information and the circumstances of disclosure ("Confidential Information"). Confidential Information does not include information that (i) is or becomes publicly known through no breach of this Agreement, (ii) is rightfully received from a third party without restriction, or (iii) is independently developed without use of the disclosing party's Confidential Information.

The Grantee shall not publish, disclose, or use Confidential Information for any purpose other than performance of this Agreement without prior written consent of the Grantor. Upon termination or request, the Grantee must return or destroy Confidential Information and certify such return or destruction in writing.

I acknowledge and accept the confidentiality provisions above and agree to comply with them.

REPORTING, RECORDS, AND AUDIT

The Grantee shall maintain complete and accurate records of expenditures and program activity related to this grant for a period of not less than three (3) years following final payment or as otherwise required by law. The Grantor reserves the right to inspect records and to require periodic reports as set forth in the schedule below.

COMPLIANCE; REPRESENTATIONS

The Grantee represents and warrants that it has the authority to accept the grant, that funds will be used only for authorized purposes described herein, and that the Grantee will comply with all applicable laws, regulations, and Grantor policies pertaining to the use of grant funds. Misuse of funds, fraudulent reporting, or material misrepresentation shall be grounds for immediate termination and demand for restitution.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to conflict of law principles. Venue for any action arising under this Agreement shall lie exclusively in the courts of that state.

ENTIRE AGREEMENT

This Agreement constitutes the entire agreement between the parties with respect to the subject matter herein and supersedes all prior and contemporaneous agreements, understandings, negotiations, and discussions, whether oral or written. Any amendment must be in writing and signed by authorized representatives of both parties.

NOTICES

CERTIFICATION AND ACCEPTANCE

By signing below, each signatory certifies that they are authorized to execute this Agreement on behalf of the named party, that the information provided in this form is true and correct to the best of their knowledge, and that the signatory accepts the terms, conditions, and obligations set forth in this Grant Acceptance Form.

Sign Now