It is understood and agreed by the applicant that the award may be revoked in whole or in part should the recipient's relationship with Amherst College cease to exist provided that such revocation shall not include any amounts obligated previous to the effective date of revocation. That the general terms and conditions of this proposal as stated in the application form, program guidelines and elsewhere have been read and accepted. That any funds granted as a result of this application are to be expended for the purpose outlined herein in accordance with Amherst College policies, and any funds not expended for this purpose shall revert to the Amherst College Research Award Program upon completion or termination of award, whichever is earlier. That any funds received from other sources for this or any related project will be reported to the Dean of the Faculty, and the award may be adjusted accordingly.