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<br />11/10/2008 <br /> <br />ARTICLE XIII - DISPOSITION OF PROCEEDS FROM SALE OF PATROL BOAT <br /> <br />If the GRANTEE has contributed money other than GRANT funds to cover <br /> <br />the payment of PURCHASE COSTS, and in the event of a sale of the PATROL <br /> <br />BOAT after the expiration or termination of this CONTRACT or the <br /> <br />reversion of the PATROL BOAT to the DEPARTMENT, then the proceeds <br /> <br />of the PATROL BOAT sale shall be distributed between the DEPARTMENT and <br /> <br />the GRANTEE in proportion to their respective contributions in paying <br /> <br />the PURCHASE COSTS, e.g.: if the PURCHASE COSTS totaled $100,000 and <br /> <br />the GRANT contribution amounts to $60,000, then the DEPARTMENT would <br /> <br />recei ve 60% of the PATROL BOAT sale proceeds and the GRANTEE would <br /> <br />receive 40%. <br /> <br />7 <br /> <br />14906 <br />MUFF 706 <br />