EXHIBIT 10.24
--------------------------------------------------------------------------------
FORM CO-451 U.S. DEPARTMENT OF COMMERCE [_] GRANT [X] COOPERATIVE
(REV. 10-93) AGREEMENT
DAO 203-26 -----------------------------
ACCOUNTING CODE
AMENDMENT TO FINANCIAL ASSISTANCE AWARD ** SEE BELOW
--------------------------------------------------------------------------------
RECIPIENT NAME AWARD NUMBER
Scientific Measurement Systems, Inc. 70NANB5H1148
-----------------------------
-------------------------------------------------- AMENDMENT NUMBER
XXXXXX XXXXXXX 00
0000 Xxxxxx Drive -----------------------------
EFFECTIVE DATE
-------------------------------------------------- September 1, 1997
CITY, STATE, ZIP CODE -----------------------------
Xxxxxx, XX 00000 EXTEND WORK COMPLETION TO
N/A
--------------------------------------------------------------------------------
DEPARTMENT OF COMMERCE OPERATING UNIT
NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY XXXXXX XXXXXX XXXXXXXX 000, XXXX
X000, XXXXXXXXXXXX, XXXXXXXX 00000-0000.
--------------------------------------------------------------------------------
PREVIOUS TOTAL
COSTS ARE REVISED AS FOLLOWS: ESTIMATED COSTS ADD DEDUCT ESTIMATED COST
--------------------------------------------------------------------------------
FEDERAL SHARE OF COST $ 3,753,156.00 $ 0 $ 0 $ 3,753,156.00
--------------------------------------------------------------------------------
RECIPIENT SHARE OF COST $ 3,906,346.00 $ 0 $ 0 $ 3,906,346.00
--------------------------------------------------------------------------------
TOTAL ESTIMATED COST $ 7,659,502.00 $ 0 $ 0 $ 7,659,502.00
--------------------------------------------------------------------------------
REASON(S) FOR AMENDMENT
PROJECT TITLE: Fast, Volumetric X-Ray Scanner for Three Dimensional
Characterization of Critical Objects
This cooperative agreement is being amended to (1) obligate and authorize
expenditure of funding for the THIRD and FINAL year (09/01/97 - 08/31/98); (2)
allow the carryover of unexpended funds from the second year to the third year;
and (3) indicate on the attached, those terms and conditions affected by the
additional funds, carryover, and any administrative or statutory requirements.
--------------------------------------------------------------------------------
This Amendment approved by the Grants Officer is issued in triplicate and
constitutes an obligation of Federal funding. By signing the three documents,
the Recipient agrees to comply with the Amendment provisions checked below and
attached, as well as previous provisions incorporated into the Award. Upon
acceptance by the Recipient, two signed Amendment documents shall be returned to
the Grants Officer and the third document shall be retained by the Recipient. If
not signed and returned by the Recipient within 15 days of receipt, the Grants
Officer may declare this Amendment null and void.
[x] Special Award Conditions
[x] Line Item Budget
[ ] Other(s):_________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
**ACCOUNTING CODE: cc: 7/0000000 Ob. CL. 4110 Req. No. 475-5178 $1,252,076
475/T.
--------------------------------------------------------------------------------
Xxxxxxxx X-XX00-X-X-X-X-X-00-00000 EIN: 00-0000000
--------------------------------------------------------------------------------
SIGNATURE OF DEPARTMENT OF COMMERCE
GRANTS OFFICER TITLE DATE
Xxxxxx X. Xxxxxx /s/ XXXXXX X. XXXXXX Grants Officer 9/12/97
--------------------------------------------------------------------------------
TYPED NAME AND SIGNATURE OF AUTHORIZED
RECIPIENT OFFICIAL TITLE DATE
Xxxxxxx Xxxxxxx /s/ XXXXXXX XXXXXXX Vice President 9/23/97
--------------------------------------------------------------------------------
ELECTRONIC FORM ORIGINAL
SPECIAL AWARD CONDITIONS
ADVANCED TECHNOLOGY PROGRAM - JOINT VENTURE
SCIENTIFIC MEASUREMENT SYSTEMS, INC.
COOPERATIVE AGREEMENT NO. 70NANB5H1148
AMENDMENT NO. 3
CHANGES/MODIFICATIONS TO SPECIAL TERMS CHANGES/MODIFICATIONS TO GENERAL
AND CONDITIONS: TERMS AND CONDITIONS, ADVANCED
TECHNOLOGY PROGRAM - JOINT VENTURE
3. GRANTS OFFICER APPLICANT (7/95) XX. 00, XXXXXX:
Xxxxxx Xxxxxx 00. AUDITS
National Institute of Standards
and Technology The Recipient shall provide
Xxxx. 000, Xxxx X000 sufficient funds in the project
Xxxxxxxxxxxx, XX 00000-0000 budget to have a project audit
(000) 000-0000; fax: (000) 000-0000 performed. The cost of the audit
may be charged as a direct cost
provided that costs of audits are
4. GRANTS SPECIALIST not included in the Recipient's
indirect cost rate.
Xxxxxxx X. Xxxxx
National Institute of Standards a. For 2, 3, and 4 year awards, an
and Technology audit is required within ninety (90)
Xxxx. 000, Xxxx X000 days after the first year and at the
Xxxxxxxxxxxx, XX 00000-0000 end of the project.
(000) 000-0000; fax: (000) 000-0000
Internet address: Xxxxxxx.Xxxxx@xxxx.xxx b. For 5 year awards, an audit is
required within ninety (90) days
after the first year, within ninety
6. FUNDING LIMITATIONS (90) days after the third year, and
at the end of the project.
The scope of work and budget incorporated
into this award covers a three (3) year ALL PRIOR TERMS AND CONDITIONS
-------------- REMAIN THE SAME AND IN EFFECT.
period (referred to as the "project
period") for a total amount of $3,753,156.00
-------------
in Federal funds. However, Federal funding
available at this time is limited to
$1,252,076.00 for the third and final year
------------- -----
period (referred to as the "budget period"),
plus the carryover of unexpended funds from
the second year to the third year period.
------ -----
The Recipient may not obligate, incur any
expenditures, nor engage in any commitments
which involve any amount in excess of the
Federal amount presently available. Should
such an excess obligation, expenditures, or
commitments occur, no legal liability will
exist or result on the part of the Federal
Government for payment of funds.
8. COST SHARE
The cumulative year 1, 2, and 3 cost sharing
ratio applicable to this award is the
Recipient's contribution of 51.00%
($3,906,346.00) and NIST's contribution of
49.00% ($3,753,156.00). The Recipient must
meet or exceed the cost share ratio on a
quarterly financial reporting basis.
11. BUREAU OF EXPORT ADMINISTRATION (BXA)
CLEARANCE
The Bureau of Export Administration (BXA)
shall conduct a review for any relevant
information about the Recipient. The BXA
review is expected to be completed by
September 30, 1997. The Technology
Administration reserves the right to
take appropriate corrective action in the
event that significant adverse information
about the Recipient is reported to the Grants
Officer by BXA.
SPECIAL AWARD CONDITIONS/ATP-JV/9-97
--------------------------------------------------------------------------------------------------------------------------------
MULTI-YEAR ESTIMATED BUDGET - JOINT VENTURE YEAR 3
--------------------------------------------------------------------------------------------------------------------------------
SPECIFY NAME OF PARTICIPANT PARTICIPANT PARTICIPANT PARTICIPANT PARTICIPANT PARTICIPANT TOTAL
SMS EG&G GM GE-CRD GE-AE
--------------------------------------------------------------------------------------------------------------------------------
1. OBJECT CLASS CATEGORY
---------------------------------------
A. TECHNICAL PERSONNEL SALARIES/WAGES $ 346,549 $ 29,825 $ 60,000 $ 131,498 $ 444,039 $ 1,011,911
--------------------------------------------------------------------------------------------------------------------------------
B. TECHNICAL PERSONNEL FRINGE BENEFITS 245,786 50,685 10,000 52,599 0 359,070
--------------------------------------------------------------------------------------------------------------------------------
C. ADMINISTRATIVE SUPPORT SALARIES/WAGES
--------------------------------------------------------------------------------------------------------------------------------
D. ADMINISTRATIVE SUPPORT FRINGE BENEFITS
--------------------------------------------------------------------------------------------------------------------------------
E. TRAVEL 33,075 10,056 20,000 12,262 0 75,393
--------------------------------------------------------------------------------------------------------------------------------
F. EQUIPMENT
--------------------------------------------------------------------------------------------------------------------------------
G. MATERIALS/SUPPLIES 238,700 0 60,000 26,391 0 325,091
--------------------------------------------------------------------------------------------------------------------------------
H. SUBCONTRACTS
--------------------------------------------------------------------------------------------------------------------------------
L. OTHER
--------------------------------------------------------------------------------------------------------------------------------
J. TOTAL DIRECT COSTS (LINE A THRU I) 864,110 90,566 150,000 222,750 444,039 1,771,465
--------------------------------------------------------------------------------------------------------------------------------
K. TOTAL INDIRECT COSTS 447,150 0 0 336,645 0 783,795
--------------------------------------------------------------------------------------------------------------------------------
L. TOTAL COSTS (LINES J AND K) $ 1,311,260 $ 90,566 $ 150,000 $ 559,395 $ 444,039 $ 2,555,260
--------------------------------------------------------------------------------------------------------------------------------
M. NON-ATP FUNDS $ 672,740 $ 46,189 $ 76,500 $ 285,292 $ 222,463 $ 1,303,184
--------------------------------------------------------------------------------------------------------------------------------
N. ATP FUNDS REQUESTED $ 638,520 $ 44,377 $ 73,500 $ 274,103 $ 221,576 $ 1,252,076
=================================================================================================================================
2. SOURCES OF FUNDS
---------------------------------------
A. ATP (SAME AS LINE N) $ 638,520 $ 44,377 $ 73,500 $ 274,103 $ 221,576 $ 1,252,076
--------------------------------------------------------------------------------------------------------------------------------
B. SMS 672,740 285,292 958,032
--------------------------------------------------------------------------------------------------------------------------------
C. EG&G 46,189 46,189
--------------------------------------------------------------------------------------------------------------------------------
D. GM 76,500 76,500
--------------------------------------------------------------------------------------------------------------------------------
E. GE - CRD
--------------------------------------------------------------------------------------------------------------------------------
F. GE - AE 222,463 222,463
--------------------------------------------------------------------------------------------------------------------------------
G. TOTAL SOURCES OF FUNDS
(SAME AS LINE L) $ 1,311,260 $ 90,566 $ 150,000 $ 559,395 $ 444,039 $ 2,555,260
=================================================================================================================================
3. TASKS
---------------------------------------
A. TASK 1 $ 248,112 $ 9,213 $ 0 $ 32,173 $ 35,000 $ 324,498
--------------------------------------------------------------------------------------------------------------------------------
B. TASK 2 75,052 81,354 0 272,728 61,000 490,134
--------------------------------------------------------------------------------------------------------------------------------
C. TASK 3 100,002 0 0 0 70,000 170,002
--------------------------------------------------------------------------------------------------------------------------------
D. TASK 4 284,011 0 0 193,133 25,000 502,011
--------------------------------------------------------------------------------------------------------------------------------
E. TASK 5 50,248 0 0 0 20,000 70,248
--------------------------------------------------------------------------------------------------------------------------------
F. TASK 6 373,969 0 150,000 57,423 200,000 781,392
TASK 7 179,867 0 0 3,938 33,039 216,844
--------------------------------------------------------------------------------------------------------------------------------
G. TOTAL COSTS OF ALL TASKS
(SAME AS LINE L) $ 1,311,260 $ 90,566 $ 150,000 $ 559,395 $ 444,039 $ 2,555,260
================================================================================================================================
