Section 10.08 - Grant Contract(1) All Applicants selected to receive a grant must execute contracts with the Division, as required by 815 CMR 2.05, in order to receive payment.(2) The grant contract will specify, as applicable: (a) any financial, programmatic, technical or other reporting the Division deems appropriate to monitor and evaluate the funded activities;(b) any conditions or restrictions on the funding, including any monitoring of the grantee's operations;(c) any additional means the Division will use to hold the grantee accountable for proper performance under the grant;(d) with respect to grants under 114. 5 CMR 10.03(3)(b) or (c), any deadlines for completing components of the project.(3) The Division may cancel a grant if the grantee does not comply with the terms of the grant contract or if the grantee does not expend grant funds within a reasonable period of time.114 CMR, § 114. 10, § 10.08