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The Subaward Agreement is essential in the context of grant-funded projects in India where work needs to be distributed among multiple institutions or organizations. This document type is commonly used when a primary recipient of funding (such as a university or research institution) needs to formally engage another organization to carry out a portion of the funded work. The agreement ensures compliance with Indian legal requirements while incorporating necessary elements such as scope definition, budget allocation, reporting requirements, and intellectual property provisions. It's particularly crucial for maintaining transparency in fund utilization, ensuring compliance with primary award terms, and establishing clear accountability mechanisms. The Subaward Agreement must align with various Indian regulations including contract law, research funding policies, and specific sector requirements, while also potentially addressing international compliance aspects if foreign funding is involved.

1. Parties: Identifies and provides details of the prime awardee and subawardee, including legal names, addresses, and authorized representatives

2. Background: Describes the primary award, funding source, and context for the subaward relationship

3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation

4. Scope of Work: Details the specific work to be performed by the subawardee, including deliverables and timelines

5. Period of Performance: Specifies the start and end dates of the subaward

6. Budget and Payment Terms: Outlines the approved budget, payment schedule, and financial reporting requirements

7. Reporting Requirements: Specifies technical, financial, and other reports required from the subawardee

8. Compliance Requirements: Lists applicable regulations, policies, and requirements that the subawardee must follow

9. Intellectual Property Rights: Addresses ownership and rights to intellectual property created under the subaward

10. Confidentiality: Defines confidential information and obligations regarding its protection

11. Termination: Specifies conditions and procedures for termination of the agreement

12. Dispute Resolution: Outlines process for resolving disputes between parties

13. Governing Law: Specifies Indian law as governing law and jurisdiction

14. General Provisions: Includes standard legal provisions such as amendments, notices, and assignment