Grant Approval Document

GRANT APPROVAL DOCUMENT

RECITALS

WHEREAS, Grantor is authorized to award financial assistance and has determined that funding may be provided to a qualified recipient for the purpose described herein; and

WHEREAS, Grantee represents that it is legally organized and capable of performing the activities described in the Scope of Work and has applied for a grant to support the project identified as ; and

WHEREAS, the parties desire to set forth the terms, conditions, and approvals under which Grantor shall approve and disburse the grant funds to Grantee.

PARTIES

Grantor Name:

Grantee Name:

Primary Grantee Address:

SCOPE OF WORK

Grantee shall carry out the project activities, deliverables, and schedule described below. Grantee must perform all work in a timely, professional manner in accordance with the standards applicable to the industry and as required by Grantor.

PAYMENT TERMS

Grant Amount (Total):

If any scheduled disbursement is not made in accordance with this Agreement and Grantee is not in default of its obligations, interest shall accrue on overdue amounts at: or the maximum legal rate if lower.

TERM AND TERMINATION

Effective Date:    Termination/End Date:

Either party may terminate this Agreement for convenience upon written notice to the other party no fewer than days prior to the effective termination date. Termination for cause may be immediate where the non‑breaching party provides written notice of material breach and the breach is not cured within a commercially reasonable period as specified below.

REPORTING REQUIREMENTS

Grantee must submit periodic reports and financial documentation supporting expenditures of grant funds in the form and frequency set forth below. Failure to timely submit reports may result in suspension or recapture of funds.

CONDITIONS PRECEDENT

Disbursement of any funds by Grantor is expressly subject to satisfaction of the following conditions precedent. Grantee shall provide the requested documentation and certifications prior to initial and subsequent disbursements.

CONFIDENTIALITY

Each party acknowledges that, in connection with this Agreement, it may receive Confidential Information of the other party. "Confidential Information" excludes information that (i) is or becomes publicly available through no wrongful act of the receiving party; (ii) was already lawfully known to the receiving party without restriction; or (iii) is rightfully received from a third party without breach of any obligation of confidentiality. The receiving party shall protect such Confidential Information with at least the same degree of care it uses to protect its own confidential information but not less than a reasonable standard of care.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of: , without regard to its conflict of laws principles.

REPRESENTATIONS AND WARRANTIES; CERTIFICATION

Each party represents and warrants that it has the authority to enter into this Agreement and that performance of its obligations will not violate any law, regulation or agreement. Grantee certifies that the use of grant funds will be consistent with the Purpose set forth herein and will maintain adequate financial records to substantiate all expenditures.

ENTIRE AGREEMENT

This Agreement, together with any exhibits, schedules, or attachments expressly incorporated herein, constitutes the entire agreement between the parties with respect to the subject matter and supersedes all prior and contemporaneous agreements, understandings, and communications, whether written or oral, relating to the subject matter.

MISCELLANEOUS PROVISIONS

No amendment to this Agreement will be effective unless in writing and signed by authorized representatives of both parties. If any provision of this Agreement is held invalid or unenforceable, the remaining provisions shall remain in full force and effect.

APPROVAL AND CONDITIONS

Reference / Resolution Number:

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