CONTRACTOR'S ASSIGNMENT OF REFUNDS, REBATES, CREDITS, AND OTHER AMOUNTS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP89B00487R000400750005-5
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: December 22, 2016
• Document Release Date: August 14, 2012
• Sequence Number: 5
• Publication Date: February 1, 1961
• Content Type: MISC

Declassified in Part- Sanitized Copy Approved forRelease2012/08/14 : CIA-RDP89B00487R000400750005-5
Mar3za
CONTRACTOR'S ASSIGNMENT OF REFUNDS, REBATES,
CREDITS, AND OTHER AMOUNTS
Contract No. ifO(a) W00117
Pursuant to the terms of Contract No.g0#(0) 59O11? and in consideration of
the reimbursement of costs and payment of fee, as provided in the said contract and
any assignment thereunder, THE MARQUARDT CORPORATION, 16555 Saticoy Street, Van Nuys,
California, (hereinafter, called the Contractor) does hereby:
1. Assign, transfer, set over and release to the UNITED STATES OF AMERICA
(hereinafter called the Government) all right, title and interest to all
refunds, rebates, credits, or other amounts (including any interest thereon)
arising out of the performance of the said contract, together with all rights
of action accrued or which may hereafter accrue thereunder, (except those
for refunds, rebates, or credits for taxes paid to the State of California
or any political subdivision thereof).
2. Agree to take whatever action may be necessary to effect prompt collection
of all refunds, rebates, credits, and other amounts (including any interest
thereon) due or which may become due, and to promptly forward to the
checks (made payable to the Treasurer of the United States) for any proceeds
so collected. The reasonable costs of any such action to effect collection
shall constitute allowable costs when approved by the Contracting Officer as
stated in the said contract and may be applied to reduce any amounts other-
wise payable to the Government under the terms hereof.
3. Agree to cooperate fully with the Government as to any claim or suit in
connection with refunds, rebates, credits, or other amounts due (including
any interest thereon); to execute any protest, pleading, application, power
of attorney, or other papers in connection therewith; and to permit the
Government to represent it at any hearing, trial, or other proceeding,
arising out of such claim or suit.
4. In the event the contractor obtains or receives any refund, rebate, or
credit for taxes paid to the State of California or any political subdivision
thereof, in connection with the performance of this contract, and for which
the contractor was paid or reimbursed by the Government, the contractor agrees
to pay over to the Government an amount equal to such refund or credit
(including interest paid or credited to the contractor incident to such
refund or credit to the extent that such interest was earned after the
contractor was paid or reimbursed by the Government for such taxes). In the
event the contractor receives any benefit in lieu of or in addition to such
a refund, rebate, or credit, the contractor agrees to pay over to the
Government an amount equal to such benefit.
IN WITNESS WHEREOF, this assignment has been executed this int day of
bruary g 19AL.0
CERTIFICATE
THE MARQUARDT CORPORATION
By
Title
STAT
I , certify that I am the Assistant erett.vey
corpor..-Iimarcu-az-win-cractor in the foregoing assignment; that
who signed said assignment on behalf of the Contractor was then 04$41411,0
of said corporation:, that said assignment was duly signed for and in behalf of said
corporation by authority of its governing body and is within the scope of its
corporate powers.
STAT
of the
(CORPORATE SEAL)
Declassified in Part - Sanitized Copy Approved for Release 2012/08/14: CIA-RDP89B00487R000400750005-5
STAT