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GENEML TERMS AI{D CONDMONS <br />INTERAGENCY GRANT AGREEMENT <br />FEDERAL FUNDS <br />C. Assign to COMMERCE, ln the manner, al the times, and to the extent direclett by the Authorized <br />Representative, all of the rights, litle, and interest of the Grantee under the orders and <br />subgrants/subcontracts so termineted, in which case COMMERCE has the right, at its discretion,to settle or pay any or all claims arising out of lhe termination of such orders and <br />subg rants/subcontra cts ; <br />D' Setile all outstanding liabilities and all claims arising out of such terminatlon of orders and <br />subcontracts, with the approval or ratification of the Authorized Representatlve to the extent the <br />Authorized Representative may require, whlch approval or ratilicalion shall be final for all the <br />purposeE of lhis clause; <br />E. Transfer title to COMMERGE and deliver in the manner, at the times, and lo the extent directed by <br />the Authorized Representative any property which, if the Grant had been completed, would hav6 <br />been reguired to be furnished to COMMERCE; <br />F. Complete performance of such part of the work as shall not haye been lerminated by the Authorizcd <br />Representative; and <br />G. Take such acton as may be necessary, or as the Aulhorized Reprssentetive may direct, for the <br />proleclion and preservation of the properly related to this Grant, whicfr is in the possession of the <br />Granlee and in which the Authorized Representative has or may acquire an interest. <br />20. TREATIIIENT gF ASSETS <br />Tltle to all propeny furnished by COMMERCE shall remain in COMMERCE. Title to all property <br />furnished by the Grantee, for the cost of which the Grantee is entitled to be reimbursed as a direct item <br />of cost under this Grant, shall pass to and vest ln COMMERCE upon delivery of such property by the <br />Grantee. Title to other pruperty, the cost of which is reimbursable to the Grantee under tnis'Graht, <br />-snatt <br />pass to and vest in COMMERCE upon (i) lssuance for use of such propedy in the performance of this <br />Grant, or (ii) commencement of use of such property ln the performance of this Grant, or (iii) <br />reimbursement of the cost lhereof by COMMERCE in whole or in parl, whichever first occurs. <br />A. Any properly of COMMERCE furnished to the Grantee shall, unless otherwise provided herein or <br />approved by COMMERCE, be used only for lhe performance of thls Grant. <br />B. The Grantee shall be responsibte for any loss or damage to property of COMMERCE lhat results <br />from lhe negligence of the Grantee or which results from the lailure on the part of the Grantee to <br />maintain and administer that propefi in accordance wlth sound management practices. <br />C. lf any COMMERCE property is lost, destroyed or damaged, the Grantee shall immediately nolifr7 <br />COMMERCE and shall take all reasonable steps to protect the properly from further damage. <br />D. The Grantee shall surrender to COMMERCE all property of GOMMERCE prior to settlement upon <br />completion, termination or cancellation of this Grant. <br />All relerence to the Grantee under this clause shall also include Grantee's employees, agents or <br />Subgrantees/S ubcn ntractors, <br />21. WATVER <br />Waiver of any default or breach shail not be deemed to be a waiver of any subsequent default or breach, <br />Any waiver shall nol be construed to be a modification of lhe terms of thie Grant unless stated lo be <br />such in writing and signed by Authorized Representative of COMMERCE. <br />State of Washington <br />I,,epartmenl of CommBrcs <br />I nteragenry Grant Agreement <br />Page I I