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GENERAL TERMS AND CONDIT10NS <br />INTERAGENCYGRANT AGREEMENT <br />FEDERAL FUNDS <br />C.Assign to COMMERCE,in the manner,at the times,and to the extent directed by the Authorized <br />Representative,all of the rights,title,and interest of the Grantee under the orders and <br />subgrants/subcontracts so terminated,in which case COMMERCE has the right,at its discretion, <br />to settle or pay any or all claims arising out of the termination of such orders and <br />subgrants/subcontracts; <br />D.Settle all outstanding liabilities and all claims arising out of such termination of orders and <br />subcontracts,with the approval or ratification of the Authorized Representative to the extent the <br />Authorized Representative may require,which approval or ratification shall be final for all the <br />purposes of this clause; <br />E.Transfer title to COMMERCE and deliver in the manner,at the times,and to the extent directed by <br />the Authorized Representative any property whlch,if the Grant had been completed,would have <br />been required to be furnished to COMMERCE, <br />F.Complete performance of such pari of the work as shall not have been terminated by the Authorized <br />Representative;and <br />G.Take such action as may be necessary,or as the Authorized Representative may direct,for the <br />protection and preservation of the property related to this Grant,which is in the possession of the <br />Grantee and in which the Authorized Representative has or may acquire an interest. <br />20.TREATMENT OF ASSETS <br />Title to all propelty 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 itemofcostunderthisGrant,shall pass to and vest in COMMERCE upon delivery of such property by theGrantee.Title to other property,the cost of which is reimbursable to the Grantee under this Grant,shall <br />pass to and vest in COMMERCE upon (i)Issuance for use of such property in the performance of this <br />Grant,or (ii)commencement of use of such property In the performance of this Grant,or (iii) <br />reimbursement of the cost thereof by COMMERCE in whole or in part,whichever first occurs. <br />A.Any property of COMMERCE furnished to the Grantee shall,unless otherwise provided herein or <br />approved by COMMERCE,be used only for the performance of this Grant <br />B.The Grantee shall be responsible for any loss or damage to property of COMMERCE that results <br />from the negligence of the Grantee or which results from the failure on the part of the Grantee to <br />maintain and administer that property in accordance with sound management practices. <br />C.If any COMMERCE property is lost,destroyed or damaged,the Grantee shall immediately notify <br />COMMERCE and shall take all reasonable steps to protect the property from further damage. <br />D.The Grantee shall surrender to COMMERCE all property of COMMERCE prior to settlement upon <br />completion,termination or cancellation of this Grant. <br />All reference to the Grantee under this clause shall also include Grantee's employees,agents or <br />Subgrantees/Subcontractors, <br />21.WAIVER <br />Waiver of any default or breach shall not be deemed to be a waiverof any subsequent default or breach.Any waiver shall not be construed to be a modification of the terms of this Grant unless stated to be <br />such in writing and signed by Authorized Representative of COMMERCE. <br />State of Washington Interagency Grant Agreement <br />Department of Commerce Page 11 <br />Contract Page 030