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The Foundation hereby grants to Grantee Li perpetual, worldwide, royalty-free, non-exclusive license to
<br />use the Work Product, but only to the extent that such use is in furtherance of its charitable purpose.
<br />Section H. Record Maintenance and Inspection.. Grantee agn..es to ma ntain, in accordance with
<br />generally-accepted accounting principles, adequate, detailed records sufficient to enable expenditure of
<br />all Grant funds to be confirmed easily and with precision. Grantee also agrees to ina,k.e its hooks and
<br />records available, at reasonable times upon re-quest by the Foundation, for inspection and/or audit, to
<br />be conducted either by Foundation personnel or third-party auditors or agents acting on behalf of the
<br />Foundation. Grantee further agrees to permit the Foundation to:
<br />(a) monitor and conduct an evaluation of operations under this Grant, which may
<br />include, without limitation, such activities as a visit by Foundation personnel
<br />to observe and evaluate Grantee's program,
<br />(b) have discussions about the program with Grantee personnel,
<br />(c) have interviews with communities affected by Grantee's program,
<br />(d) review financial and other records of Grantee that are connected with this
<br />Grant, and
<br />(e) obtain and verify any such information as it may deern relevant and necessary
<br />to ensure due compliance with the terms and conditions of this Letter.
<br />Grantee agrees to cause to be prepared and submitted to the Foundation, as of 31 December (or such
<br />other date as may be mutually agreed) in each and every year throughout the Grant Term, duly audited
<br />financial statements including a balance sheet and a detailed income and expenditure account,
<br />reflecting the disposition of the Grant funds,
<br />Grantee must maintain all accounting records, as well as copies of all reports submitted by Grantee to
<br />the Foundation, for at least four (4) years after completion of the use of Grant funds and final reporting
<br />to the Foundation on the Grant, including any reporting required under Section 11 ("Maintenance
<br />Period"). Further, all such records and reports must be made available to the Foundation for
<br />examination or audit upon request at any time during the Twill or the Maintenance Period,
<br />Section 12. Publicity and Public Reports, The Foundation will include information about this
<br />Grant in its periodic public reports, may refer to this Grant in press releases or other public materials,
<br />and may also provide information relating to this Grant (including, without limitation, a copy of this
<br />Letter) to others for any purpose it deems reasonably related to its tax-exempt, charitable purpose, and
<br />Grantee agrees to permit such activities. Prior to Grantee publicizing the receipt of the Grant or
<br />otherwise referring to the Foundation or its founders, Grantee agrees to get written approval from the
<br />Foundation to do so, unless such publication is required by law.
<br />All publicity or other materials which will be made publicly available that mention or refer to the
<br />Grant, the Foundation, Michael Dell, Susan Dell, any member of the Dell family, or any officer,
<br />director, grant officer or employee of the Foundation, whether to be delivered in written or spoken
<br />form, that is prepared, produced or delivered by or on behalf of the Grantee, must be provided to the
<br />Foundation for written approval prior to the release of such materials to the public. This shall include,
<br />without limitation, letters, publications, articles, press releases, narratives, reports, endorsements,
<br />quotes, photographs, slides, videos, website postings, blog postings and social media/networking
<br />Page - 5
<br />C'ounc, of Hawaii Fire Department
<br />US-PC AIST)F Grant Letter - Res, Date I0-24-10
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