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Docusign Envelope lD: 1 2F063OC-CF27 -4904-94CD-F83E8C6F2Cl 0 \&"jJltilq..iil Slal.e CSiiidi;T$ E. Transfer tifle to COMMERCE and deliver in the manner, at the times, and to the extent directed by the Authorized Representative any property which, if the Grant Agreement had been completed, would have been required to be furnished to COMMERCE; F. Complete performance of such part of the work as shall not have been terminated by the Authorized RePresentative; and G. Take such action as may be necessary, or as the Authorized Representative may direct, for the protection and preservaiion of the property related to this Grant Agreement, which is in the possession of the GMNTEE and in which the Authorized Representative has or may acquire an interest. r{hlrr' 28. Treatment of Assets Tile to a1 property furnished by COMMERCE shall remain in COMMERCE. Title to all property furnished oy the GnnNTEE, for the cost of which the GRANTEE is entitled to be reimbursed as a direct 1em of cost under this Grant Agreement, shall pass to and vest in COMMERCE upon delivery of such property by the GRANTEE. Title to other property, the cost of which is reimbursable to the GMNTEE under this Grant Agreement, shall pass to and vest in COMMERCE upon (i) issuance for use of such property in the performance of this Grant Agreement, or (ii) commencement of use of such property in in"'p"iorr"nce of this Grant Agreement, or (iii) reimbursement of the cost thereof by CoMMERCE in whole or in part, whichever first occurs. A. Any property of CoMMERCE furnished to the GRANTEE shall, unless otherwise provided herein or apiroved by COMMERCE, be used only for the performance of this Grant Agreement' B. The GRANTEE shall be responsible for any loss or damage to property of COMMERCE that results from the negligence of the GRANTEE or which results from the failure on the part of the GRANTEE to mainlain and administer that property in accordance with sound management practices. C. lf any COMMERCE property is lost, destroyed or damaged, the GRANTEE shall immediately notify CoMMERCE and shall take all reasonable steps to protect the property from further damage. D. The GRANTEE shall surrender to COMMERCE all property of COMMERCE prior to settlement upon completion, termination or cancellation of this Grant Agreement' E. All reference to the GRANTEE under this clause shall also include GRANTEE's employees' agents or Subgrantee(s)/Subcontractor(s)' 29. Waiver Waiver of any default or breach shall not be deemed to be a waiver of any subsequent default or breach' Any waiver shall not be construed to be a modification of the terms of this Grant Agreement unless stated to be such in writing and signed by Authorized Representative of COMMERCE' Page 18 of25