Laserfiche WebLink
3 of 7 <br />GRANT AGREEMENT <br />Investment ID INV-050501 <br /> <br />ATTACHMENT B <br />TERMS & CONDITIONS <br /> <br />This Agreement is subject to the following terms and conditions. <br />PROJECT SUPPORT <br />PROJECT DESCRIPTION AND CHARITABLE PURPOSE <br />The Foundation is awarding You this grant to carry out the project described in the Investment Document <br />("Project") in order to further the Charitable Purpose. The Foundation, in its discretion, may approve in <br />writing any request by You to make non-material changes to the Investment Document. <br />MANAGEMENT OF FUNDS <br />USE OF FUNDS <br />You may not use funds provided under this Agreement ("Grant Funds") for any purpose other than the <br />Project. You may not use Grant Funds to reimburse any expenses You incurred prior to the Start Date. At <br />the Foundation's request, You will repay any portion of Grant Funds and/or Income used or committed in <br />material breach of this Agreement, as determined by the Foundation in its discretion. <br />INVESTMENT OF FUNDS <br />You must invest Grant Funds in highly liquid investments with the primary objective of preservation of <br />principal (e.g., interest-bearing bank accounts or a registered money market mutual fund) so that the Grant <br />Funds are available for the Project. Together with any progress or final reports required under this <br />Agreement, You must report the amount of any currency conversion gains (or losses) and the amount of <br />any interest or other income generated by the Grant Funds (collectively, "Income"). Any Income must be <br />used for the Project. <br />GLOBAL ACCESS <br />GLOBAL ACCESS COMMITMENT <br />You will conduct and manage the Project and the Funded Developments in a manner that ensures Global <br />Access. Your Global Access commitments will survive the term of this Agreement. "Funded Developments" <br />means the products, services, processes, technologies, materials, software, data, other innovations, and <br />intellectual property resulting from the Project (including modifications, improvements, and further <br />developments to Background Technology). "Background Technology" means any and all products, <br />services, processes, technologies, materials, software, data, or other innovations, and intellectual property <br />created by You or a third party prior to or outside of the Project used as part of the Project. "Global Access" <br />means: (a) the knowledge and information gained from the Project will be promptly and broadly <br />disseminated; and (b) the Funded Developments will be made available and accessible at an affordable <br />price (i) to people most in need within developing countries, or (ii) in support of the U.S. educational system <br />and public libraries, as applicable to the Project. <br />HUMANITARIAN LICENSE <br />Subject to applicable laws and for the purpose of achieving Global Access, You grant the Foundation a <br />nonexclusive, perpetual, irrevocable, worldwide, royalty-free, fully paid up, sublicensable license to make, <br />use, sell, offer to sell, import, distribute, copy, create derivative works, publicly perform, and display Funded <br />Background Technology that is: (a) owned, controlled, or developed by You, or in-licensed with the right to <br />sublicense; and (b) either incorporated into a Funded Development or reasonably required to exercise the <br />license to a Funded Development. You confirm that You have retained sufficient rights in the Funded <br />Developments and Essential Background Technology to grant this license. You must ensure this license <br />survives the assignment or transfer of Funded Developments or Essential Background Technology. On <br />request, You must promptly make available the Funded Developments and Essential Background <br />Technology to the Foundation for use solely under this license. If You demonstrate to the satisfaction of the