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Any modifications, variations, or waivers of the terms of this contract, and any change in the amount thereof as set forth on page 1, above, shall become effective only upon being reduced to a written amendment hereunto, signed by the authorized representatives of the UNIVERSITY and of the SPONSOR. TI I T A. Either the UNNERSI'TY or the SPONSOR may terminate this contract by notifying the authorized representative of the other thirty (30) days in advance of a specified termination date. B. Upon receiving a termination notice from the SPONSOR, the UNIVERSITY shall exercise reasonable diligence to cancel orders, obligations, and- commitments relating to this contract, and to cancel or redirect commitments for personal services. C. i he SPONSOR shall remain liable for all cysts incurred by the UNIVERSITY pursuant to this contract, including uncan.celable orders, obligations, and. commitments, made prior to receiving a termination Upon payment of all such costs, the Principal Investigator shall deriver to the authorized representative of the SPONSOR such incomplete Subject Data, in its extant format, as ARTICLE XI, below, requires. ARTICLE VII- Records and Inspection A. The UNIVERSITY shall maintain books, records, and other evidence of costs incurred and revenues received under this contract, to document fully all net costs, direct and indirect, of labor, materials, equipment, supplies, and services, and all other costs of whatever nature. B. At all reasonable times during the retention period, Paragraph C, below. the SPONSOR, or any authorized audit representative, shall have access to such pertinent UNIVERSITY hooks, records, and other evidence, to audit and examine them.