Common use of Termination and Postponement Clause in Contracts

Termination and Postponement. Pew may, in its sole discretion, terminate, postpone, or cancel any or all Grant payments if: (1) Grantee fails to complete and/or make satisfactory progress toward the Grant's purpose(s) or submit timely reports; (2) Grantee's application or any required report is inaccurate in any material respect; (3) Grantee substantially fails to perform any of its duties required by the terms of this Agreement; or (4) Grantee has a substantial unexpended balance of Grant funds on hand. Grantee agrees to give immediate written notice to Pew and, upon demand, repay all portions of the Agreement funds paid by Pew that are within Grantee's control, and Pew may terminate this Agreement immediately, including all unpaid amounts, if Grantee ceases to be exempt from federal income tax for any reason or Grantee violates any applicable laws. All notices under this Section shall be in writing and shall be delivered personally or by confirmed electronic mail, a recognized overnight courier service, or United States mail, first-class, certified or registered, postage prepaid, return receipt requested, to the other party at its address set forth below or to such other address as such party may designate by notice given pursuant to this section: If to Grantee: <[STATE CONTACT NAME]> <[STATE CONTACT TITLE]> <[GRANTEE NAME]> <[GRANTEE STREET ADDRESS]> <><[GRANTEE CITY, STATE & ZIP CODE]><><> [GRANTEE PHONE]<> <[GRANTEE E-MAIL]> If to Pew: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Executive Vice President The Pew Charitable Trusts ▇▇▇ ▇ ▇▇. ▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇-▇▇▇-▇▇▇▇ With a copy to: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Senior Vice President, General Counsel, and Corporate Secretary The Pew Charitable Trusts ▇▇▇ ▇ ▇▇. ▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ 202.540.6885

Termination and Postponement. Pew may, in its sole discretion, terminate, postpone, or cancel any or all Grant payments if: (1) Grantee fails to complete and/or make satisfactory progress toward the Grant's purpose(s) or submit timely reports; (2) Grantee's application or any required report is inaccurate in any material respect; (3) Grantee substantially fails to perform any of its duties required by the terms of this Agreement; or (4) Grantee has a substantial unexpended balance of Grant funds on hand. Grantee ▇▇▇▇▇▇▇ agrees to give immediate written notice to Pew and, upon demand, repay all portions of the Agreement funds paid by Pew that are within Grantee's control, and Pew may terminate this Agreement immediately, including all unpaid amounts, if Grantee ceases to be exempt from federal income tax for any reason or Grantee violates any applicable laws. All notices under this Section shall be in writing and shall be delivered personally or by confirmed electronic mail, a recognized overnight courier service, or United States mail, first-class, certified or registered, postage prepaid, return receipt requested, to the other party at its address set forth below or to such other address as such party may designate by notice given pursuant to this section: If to Grantee: <[STATE CONTACT NAME]> <[STATE CONTACT TITLE]> <[GRANTEE NAME]> <[GRANTEE STREET ADDRESS]> <><[GRANTEE CITY, STATE & ZIP CODE]><><> [GRANTEE PHONE]<> <[GRANTEE E-MAIL]> If to Pew: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Executive Vice President The Pew Charitable Trusts ▇▇▇ ▇ ▇▇. ▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇Washington, ▇▇ ▇▇▇▇▇ DC 20004 ▇▇▇-▇▇▇-▇▇▇▇ With a copy to: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Senior Vice President, General Counsel, and Corporate Secretary The Pew Charitable Trusts ▇▇▇ ▇ ▇▇. ▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇Washington, ▇▇ ▇▇▇▇▇ DC 20004 202.540.6885

Termination and Postponement. Pew may, in its sole discretion, terminate, postpone, or cancel any or all Grant payments if: (1) Grantee fails to complete and/or make satisfactory progress toward the Grant's purpose(s) or submit timely reports; (2) Grantee's application or any required report is inaccurate in any material respect; (3) Grantee substantially fails to perform any of its duties required by the terms of this Agreement; or (4) Grantee has a substantial unexpended balance of Grant funds on hand. Grantee ▇▇▇▇▇▇▇ agrees to give immediate written notice to Pew and, upon demand, repay all portions of the Agreement funds paid by Pew that are within Grantee's control, and Pew may terminate this Agreement immediately, including all unpaid amounts, if Grantee ceases to be exempt from federal income tax for any reason or Grantee violates any applicable laws. All notices under this Section shall be in writing and shall be delivered personally or by confirmed electronic mail, a recognized overnight courier service, or United States mail, first-class, certified or registered, postage prepaid, return receipt requested, to the other party at its address set forth below or to such other address as such party may designate by notice given pursuant to this section: If to Grantee: <[STATE CONTACT NAME]> <] [STATE CONTACT TITLE]> <] [GRANTEE NAME]> <] [GRANTEE STREET ADDRESS]> <><] [GRANTEE CITY, STATE & ZIP CODE]><><> ] [GRANTEE PHONE]<> <] [GRANTEE E-MAIL]> ] If to Pew: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Executive Vice President The Pew Charitable Trusts ▇▇▇ ▇ ▇▇. ▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇-▇▇▇-▇▇▇▇ With a copy to: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Senior Vice President, General Counsel, and Corporate Secretary The Pew Charitable Trusts ▇▇▇ ▇ ▇▇. ▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ 202.540.6885