Grant Agreement
This Grant Agreement is made between [Grantor name] (the "Grantor") and [Grantee name] (the "Grantee") as of the date of the last signature below.
1. Grant
The Grantor will pay the Grantee [amount] for [describe the project], in [one payment / instalments on these dates].
2. Use and reporting
The Grantee will use the money only for the project, keep records of how it is spent, and send a short report by [date]. Money not spent on the project by [date] will be returned unless the Grantor agrees otherwise.
3. Publicity
Each party may mention the grant publicly; logos are used only with approval.
4. Ending this agreement
Either party may end this agreement on [30] days' written notice, or immediately if the other materially breaches it and does not fix the breach within [10] days of notice. Amounts due for work done up to the end date remain payable.
5. General
This agreement is governed by the laws of [state]. It is the entire agreement between the parties on its subject and may be changed only in writing signed by both. It may be signed electronically and in counterparts.
