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iii. A subaward may be provided through any legal agreement, including an agreement that yo€€ or a <br />subrecipient considers a contract. <br />4. Subrecipient means an entity that; <br />L 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 subaward. <br />5, Total compensation means the cash and noncash dollar value earned by the executive during the recipient's or <br />subrecipien.t's preceding fiscal year and includes the following (for more inforrszation see 17 C,F,R,§ <br />229,402(c)(2)): <br />i, Salary and bonus. <br />ii. Awards of stock, stock options, and stock appreciation rights. Use, the dollar amount recognized for <br />financial statement reporting purposes with respect to the fiscal year in accordance with the Statement <br />of Financial Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments. <br />iii, .Warnings for 36rvices gander non -equity incentive plcaras, This does not include group life, health, <br />hospitalization or medical reimbursement plans that do not discriminate in favor of executives, and are <br />available generally to all salaried employees. <br />iv, Change in pension value. This is the change in present value of defined benefit and actuarial pension plans. <br />v. Above -market earning on deferred compensation which is not tai-qualifaecl, <br />vi. Other compensation, if the aggregate value of all such other compensation (e.g. severance, tez-mination <br />payments, value of life insurance paid on behalf of the employee, perquisites or property) for the <br />executive exceeds $10,000, <br />_Article WXVII-w Patents and Intellectual Property Fights <br />Unless othenvise provided by law, recipients are subject to the Bayh-Dole Act. Pub. L. No. 96-517, as amended, <br />and codified in 35 U.S.C, § 200 et seq. All recipients are subject to the specific requirements governing the <br />development, reporting, and disposition of rights to inventions and patents resulting from financial assistance <br />awards in 37 C.F.R. Part 401 and the standard patent rights clause in 37 C.F.R. § 401.14, <br />Article XX v Hl -- Procurement of Recovered Materials <br />All recipients must comply with section 6002 of the Solid Waste Disposal Act, as amended by the Resource <br />Conservation and Recovery Act, The requirerrm;nts of Section 6002 include procuring only items designated in <br />guidelines of the Environmental Protection Agency (EPA) at 40 C.F.R. Part 247 that contain the highest <br />percentage of recovered materials practicable, consistent with maintaining a satisfactory level of competition, <br />where the purchase price of the item exceeds $10,000 or the value of the quantity acquired by the preceding f.scal <br />year exceeded $10,000; procuring solid waste management services in a manner that maximizes energy and <br />resource recovery; and establishing an aff=ative procurement program [or procurement. of recovered, materials <br />identified in the EPA guidelines. <br />Article XXX -1X Contract Provisions for Non -Federal Entity Contracts Under Federal Awarcls; A en <br />II to C.F.R. Part 200 ^T <br />In addition to other provisions required by the Federal agency or non -Federal entity, all contracts mach by the non - <br />Federal entity under the Federal award must contain provisions covering the following, as applicable. <br />(A) Contracts for more than the simplified acquisition threshold currently set at $150,040, which is the inflation <br />adjusted amount determined by the Civilian Agency Acquisition Council and the Defense Acquisition Regulation, <br />Council (Councils) as authorized by 41 U.S.C. 1908, must address administrative, contractual, or legal remedies in <br />Initials` <br />