Agenda - 06-02-1997 - 8h - Laserfiche WebLink

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4 . ARTICLE 3. COMPENSATION In consideration of the SUBGRANTEE'S performance, UNC-CH shall compensate the SUBGRANTEE in an amount not to exceed$45,000.It is agreed between the parties that the above-referenced sum shall represent the total amount of this Agreement, except that such amount may be amended in by mutual written agreement of the parties. The amount set forth above will cover direct and indirect costs of the work in general conformity with the budget in Exhibit A, excluding "NC CBPHI Consortium Support" funds retained by UNC-CH. Any questions about appropriateness of expenditures under this agreement should be addressed to: Karen Moore, Project Coordinator Interdisciplinary Curriculum in Practice&Leaders_hip University of North Carolina at Chapel Hill CB#7400, Room 423, Rosenau Hall Chapel Hill, NC 27599-7400 ARTICLE 4. PAYMENT The SUBGRANTEE shall be awarded a payment of$45,000 within 15 days of the signing of this agreement by the parties. Any unexpended cash funds remaining from the UNC-CH payment at the close of the project year must be returned to UNC-CH with the final financial repo. ARTICLE 5. AUDIT AND RECORDS Financial records, supporting documents and other records pertinent to this agreement shall be retained by the SUBCONTRACTOR for a period of three (3)years from the date of submission of the final expenditure report. Records pertaining to audits, appeals, litigation or settlement of claims arising out of performance of this subcontract shall be retained until such audits, appeals, litigation or claims have been settled. ARTICLE 6. KEY PERSONNEL Ethel Jackson shall represent UNC-CH as Principal Investigator and shall be responsible for overall technical matters relating to this agreement. Dan Reimer shall represent SUBGRANTEE as Principal Investigator and shall not be replaced without written notice to UNC-CH within 30 days of the change. 2