R2021-192 Resolution Authorizing Sponsored Research Agreement with the Board of Trustees of the University of Illinois for Hydrologic, Sediment and Nutrient Monitoring Upper Sangamon River Watershed

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2.2. PAYMENT SCHEDULE. SPONSOR will pay to UNIVERSITY the Research Costs in U.S. dollars as follows: ❑ This is a cost-reimbursement agreement. No more frequently than monthly, UNIVERSITY will submit invoices to SPONSOR evidencing the actual Research Costs described in Exhibit B ("Budget") and incurred by UNIVERSITY in performing the Research. SPONSOR will pay the full amount due within 30 days from its receipt of an invoice. ® This is a fixed-price agreement. Within 30 days of the Effective Date, SPONSOR will pay UNIVERSITY$7,542 and thereafter as follows: by February 28,2022 the amount of$7,542, by June 30, 2022 the amount of$7,541, and by October 31, 2022 the amount of$7,541 for total compensation of $30,166. 2.3. BILLING.UNIVERSITY will send all invoices to COMPANY at the following address: COMPANY's email address for invoice submission: COMPANY's invoice contact: Name: Phone Number: Email Address: (if different from above) COMPANY's billing address to include on invoice: 2.4. REMITTANCE. SPONSOR will pay UNIVERSITY through one of the following payment options: (a) By check made payable to the"University of Illinois"and mailed to: University of Illinois at Urbana-Champaign Sponsored Programs Administration, Post-Award 28392 Network Place Chicago, IL 60673-1283 U.S.A. (b) By Automated Clearinghouse("ACH")sent to UNIVERSITY's bank account: Financial Institution JP Morgan Chase Bank, N.A. Address 10 South Dearborn Chicago, IL 60603-2300 USA Nine-Digit Routing Transit Number 071000013 Depositor Account Title The Board of Trustees of the University of Illinois, EDI Receipts and Federal Depository Depositor Account Number 616002911 Type of Account Checking (c) Domestic/International Wire. By Wire transfer sent to UNIVERSITY's bank account: SPA Form Updated 06012018 Page 2 of 10 Exhibit A