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bc easily tracked and reported on. Grantee will deposit all Grant funds in an interest-bearing account, it at all feasible, and shal l be required to apply any interest earned on Grant funds solely to Chant project/program purposes. Section 3. Purpose of Grant. Foundation Grant funds, and any income earned on Grant fin ds, may be expended only tbr charitable, religious, scientific, literary or educational purposes. This grant is made only for the specific purposes stated in this Letter, and it is understood and agreed by Grantee that these Grant funds will he used only fir such purposes and substantially in accordance with the approved budget It is also understood and agreed by Grantee that no substantial variances, including the timing of expenditures, may be made from the approved budget/plan without the Foundation's prior written approval. , Grantee agrees to use the Grant solely for Grantee's project entitled "Intraosseous Infusion System" as described in Grantee's grant application or proposal (including budget and related documentation) submitted to the Foundation, and only for the purposes detailed therein, including any modifications or amendments that the Foundation may have made in approving the Grant, a summary of which is attached hereto as Exhibit A - Grant Summary. Section 4. Prohibited Activities. Grantee agrees that no portion of the Grant (including any interest thereon) shall be used for activities that arc prohibited to organizations exempt from federal income tax, and that no portion of the Grant funds will be used to fund, in whole or in part, any: (a) attempts to influence legislation or the outcome of any specific public election, (b) lobbying or lobbying expenses, (c) participation or intervention in (including the publishing or distribution of statements) any political campaign on behalf of any candidate for public office, (d) direct or indirect voter registration drive or initiative (within the meaning of Section 4945(d)(2) of the Code), (e) to make grants to individuals or to other organizations which do not comply with the requirements of Sections 4945(d)(3) or 4945(d)(4) of the Code, (f) to promote violence or terrorist activities, or (g) to undertake any activities for a noncharitable purpose, lf, at any time, the Foundation discovers or has reason to believe that Grant funds have not been expended properly, in accordance with the terms of this Letter, Grantee acknowledges and agrees that the Fowidation has an obligation to investigate and to recover any such Grant funds. Grantee agrees to use its best efforts to return all such funds to the Foundation and to cooperate with and assist the Foundation in its efforts to investigate and recover the Grant funds. Section 5. Confirmation of Grantee Status. Grantee confirms that it has the corporate/entity and tax status identified in the first paragraph of this Letter. Further, Grantee confirms that the Grant will not adversely affect the status of Grantee under applicable law or regulations. Grantee agrees immediately to notify the Foundation of any change in Grantee's status, including the initiation of any proceeding, investigation, audit or inquiry, of which Grantee is a party or subject. Section 6. Confirmation of Good Standing With Government. Grantee confirms that it is in good standing with all appropriate local, state or federal governmental bodies or regulatory agencies with jurisdiction over Grantee's organization or activities. If requested by the Foundation, Grantee will provide written evidence °fits good standing with such bodies or agencies. Grantee agrees that it shall immediately notify the Foundation in writing of any change in Grantee's good standing, including the Page - 2 (7. oiirior opt, wrai Fire Department US-PC MSDF Grant Letter - Rev Dine JO-24-!'1