◆ SpookStack

3 . The will serve as cutout ‘ for transfer of funds' to the investigator. The estimated cost as outlined in the budget proposal Is $15, 410.00. To this must be added the 4% service .charge to the cutout, making the total cost for one (1) year not in excess of $16, 026.40. Charges should be made against allot- ment 2125-1390-3902. 4. A Memorandum of Agreement has been signed by the contractor whereby title to permanent equipment is retained by the in lieu of higher overhead charges and arrangements are made^for account ing for funds disbursed under the grant. 5. It has been mutually agreed that documentation and accounting— for travel expenses under the grant which are reimbursable by the shall conform with the accepted practices of that instUution, 6. Prof holds a covert clearance under Project MKULTRA and has agreed to comply with the terms of the Memorandum of Agreement. APPROVED FOB , , OBLIGATION OF FUNDS: __ TSD/Researcta Branch Research Director 4&t Date: Attached: Budget Distribution: Orig, only