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6 <br /> • <br /> • <br /> will maintain its books and records in such a manner that the receipts and expenditures of the <br /> Grant funds will be shown separately on such books and records in any easily checked form. <br /> The Grantee will keep records of receipts and expenditures made of Grant funds as well as <br /> copies of the reports submitted to the ASPCA and supporting documentation for at least three <br /> years after completion of the use of the Grant funds, and will furnish or make available such <br /> books, records, and supporting documentation to the ASPCA for inspection at reasonable times <br /> from the time of the Grantee's acceptance of the Grant through such period. <br /> 5. Maintenance of Tax-Exempt Status. In carrying out the Project, the Grantee shall comply <br /> with all applicable federal, state and local laws and regulations. If the Grantee is a 501(c)(3) <br /> organisation, the Grantee certifies that it is in good standing with the Internal Revenue Service <br /> and shall notify the ASPCA immediately of any change in, or challenge by the Internal Revenue <br /> Service to,its status as a 501(c)(3)tax-exempt organization. . <br /> 6. Termination. The ASPCA may, in its sole discretion (i) withhold payment of funds until in <br /> its opinion the situation has been corrected or (ii) declare the Grant terminated in any of the <br /> following circumstances: <br /> (a) If, as the result of the consideration of reports and information submitted to it by the <br /> Grantee or from other sources, the ASPCA, in its sole discretion, determines that <br /> continuation of the Project is not reasonably in furtherance of the ASPCA's mission to <br /> provide effective means for the prevention of cruelty to animals throughout the United <br /> States (the "ASPCA Mission") or that the Project is not being executed in substantial <br /> compliance with the grant request (or work plan as revised) or that the Grantee is <br /> incapable of satisfactorily completing the work of the Project; <br /> (b) In the case of any violation by the Grantee of the terms and conditions of this Agreement; <br /> (c) In the event of any change in, or challenge by the Internal Revenue Service to, the <br /> Grantee's status as a 501(c)(3)tax-exempt organization if applicable; or <br /> (d) If it is revealed that, during the Project, the Grantee is or was involved in any activity or <br /> makes any statement disparaging 'of, or reflecting unfavorably upon the ASPCA, <br /> tarnishes the reputation of the ASPCA or is not in alignment with the ASPCA Mission. <br /> If the ASPCA terminates the Grant, it shall so notify the Grantee, whereupon it, if so requested <br /> by the ASPCA, shall promptly refund and pay back to the ASPCA any unexpended balance of <br /> the Grant funds in the Grantee's hands or under its control. <br /> Upon completion of the Project or termination of this Agreement for any reason,the ASPCA will <br /> withhold any further payments of Grant funds and the Grantee shall, at the option of the ASPCA, <br /> repay to the ASPCA any portion of the Grant funds that were not spent for the Project. All such <br /> determinations by the ASPCA under this Section 6 will be final,binding and conclusive upon the <br /> Grantee. <br /> 7. Unspent Grant Balance. If the Grantee anticipates not spending or committing to spend the <br /> full grant amount within the Grant Tenn,the Grantee may request an extension to allow for more <br /> time to complete the Project without requesting additional funds. To request an extension, the <br /> Grantee must provide the following 30 days prior to the grant end date or earlier: 1) a brief(2-3 <br /> 520 8th Avenue • 7th Floor• New York, NY 10018 • 212-876-7700 x4394 • grants@aspca.org 5 <br />