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Page 47 of 52 <br />A Federal agency, but only as a subrecipient under an award or subaward to a <br />non -Federal entity. <br />2. Executive means officers, managing partners, or any other employees in <br />management positions. <br />3. Subaward: <br />i. This term means a legal instrument to provide support for the performance of <br />any portion of the substantive project or program for which you received this <br />award and that you as the recipient award to an eligible subrecipient. <br />ii. The term does not include your procurement of property and services needed <br />to carry out the project or program (for further explanation, see Sec. .210 <br />of the attachment to OMB Circular A-133, "Audits of States, Local <br />Governments, and Non -Profit Organizations"). <br />iii. A subaward may be provided through any legal agreement, including an <br />agreement that you or a subrecipient considers a contract. <br />4. Subrecipient means an entity that: <br />i. Receives a subaward from you (the recipient) under this award; and <br />ii. Is accountable to you for the use of the Federal funds provided by the <br />subaward. <br />5. Total compensation means the cash and noncash dollar value earned by the <br />executive during the recipient's or subrecipient's preceding fiscal year and <br />includes the following (for more information see 17 CFR 229.402(c)(2)): <br />i. Salary and bonus. <br />ii. Awards ofstock, stock options, and stock appreciation rights. Use the dollar <br />amount recognized for financial statement reporting purposes with respect to <br />the fiscal year in accordance with the Statement of Financial Accounting <br />Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments. <br />iii. Earnings_for services under non -equity incentive plans. This does not include <br />group life, health, hospitalization or medical reimbursement plans that do not <br />discriminate in favor of executives, and are available generally to all salaried <br />employees. <br />iv. Change in pension value. This is the change in present value of defined <br />benefit and actuarial pension plans. <br />Agreement No. R20AP00075 Agreement Template <br />20 C -49 (03/2019) <br />