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<br />________________________________________________________________________________________________________ <br />Local Government Page 20 of 27 <br /> <br />The rights and remedies of COMMERCE provided in this Grant are not exclusive and are, in addition <br />to any other rights and remedies, provided by law. <br />18. TERMINATION FOR CONVENIENCE <br />Except as otherwise provided in this Grant, COMMERCE may, by ten (10) business days written <br />notice, beginning on the second day after the mailing, terminate this Grant, in whole or in part. If this <br />Grant is so terminated, COMMERCE shall be liable only for payment required under the terms of this <br />Grant for services rendered or goods delivered prior to the effective date of termination. <br />19. TERMINATION PROCEDURES <br />Upon termination of this Grant, COMMERCE, in addition to any other rights provided in this Grant, <br />may require the Grantee to deliver to COMMERCE any property specifically produced or acquired for <br />the performance of such part of this Grant as has been terminated. The provisions of the "Treatment <br />of Assets" clause shall apply in such property transfer. <br />COMMERCE shall pay to the Grantee the agreed upon price, if separately stated, for completed work <br />and services accepted by COMMERCE, and the amount agreed upon by the Grantee and <br />COMMERCE for (i) completed work and services for which no separate price is stated, (ii) partially <br />completed work and services, (iii) other property or services that are accepted by COMMERCE, and <br />(iv) the protection and preservation of property, unless the termination is for default, in which case the <br />Authorized Representative shall determine the extent of the liability of COMMERCE. Failure to agree <br />with such determination shall be a dispute within the meaning of the "Disputes" clause of this Grant. <br />COMMERCE may withhold from any amounts due the Grantee such sum as the Authorized <br />Representative determines to be necessary to protect COMMERCE against potential loss or liability. <br />The rights and remedies of COMMERCE provided in this section shall not be exclusive and are in <br />addition to any other rights and remedies provided by law or under this Grant. <br />After receipt of a notice of termination, and except as otherwise directed by the Authorized <br />Representative, the Grantee shall: <br />A. Stop work under the Grant on the date, and to the extent specified, in the notice; <br />B. Place no further orders or subgrants for materials, services, or facilities except as may be <br />necessary for completion of such portion of the work under the Grant that is not terminated; <br />C. Assign to COMMERCE, in the manner, at the times, and to the extent directed by the <br />Authorized Representative, all of the rights, title, and interest of the Grantee under the orders <br />and subgrants so terminated, in which case COMMERCE has the right, at its discretion, to <br />settle or pay any or all claims arising out of the termination of such orders and subgrants; <br />D. Settle all outstanding liabilities and all claims arising out of such termination of orders and <br />subgrants, 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 <br />by the Authorized Representative any property which, if the Grant had been completed, would <br />have been required to be furnished to COMMERCE; <br />F. Complete performance of such part of the work as shall not have been terminated by the <br />Authorized Representative; and <br />G. Take such action as may be necessary, or as the Authorized Representative may direct, for <br />the protection and preservation of the property related to this Grant, which is in the possession <br />of the Grantee and in which COMMERCE has or may acquire an interest. <br />DocuSign Envelope ID: 283F1275-62BD-41AC-A274-FA615AA9FE0ADocuSign Envelope ID: 7A40DF7F-9E3C-499E-913B-5D2F3F45947E