ACCESS RIGHTS FOR DIRECT EXPLOITATION AND COMPENSATION FOR Sample Clauses

ACCESS RIGHTS FOR DIRECT EXPLOITATION AND COMPENSATION FOR. OWNERSHIP TRANSFER
AutoNDA by SimpleDocs
ACCESS RIGHTS FOR DIRECT EXPLOITATION AND COMPENSATION FOR. OWNERSHIP TRANSFER 13.1 Beneficiaries specifically agree that the Programme Owner(s) shall be the sole party(ies), whether alone or in collaboration with Affiliated Entities or Third Parties, permitted to exclusively perform any Direct Exploitation of the Programme and the QHL it owns together with the associated QHL Results. Whether or not a Programme Owner conducts further research, development, or commercialisation of the Programme or one or more QHL Compounds, or actually uses QHL Results or not, shall be entirely at the Programme Owner’s discretion. Where a Programme Owner conducts activities, including further research, development or commercialisation activities, directed towards Direct Exploitation of its own Results (including its own Programmes and associated QHL), it shall be entitled to subcontract or collaborate with an Affiliated Entity or Third Party for any such activities. Disclosure of Confidential Information to a Third Party subcontractor or collaborator, in preparing or negotiating for such activities towards Direct Exploitation, shall be allowed if an appropriate confidentiality agreement is put in place between the Programme Owner and the Third Party to whom the activity is subcontracted or collaborated with. A Programme Owner is entitled to disclose Confidential Information to a non- commercial Third Party funder ("Funding Body") in order to secure funds for further research development. The Beneficiaries acknowledge that there is a general understanding that any such Funding Body will keep information submitted to it confidential, and the Programme Owner shall mark any of the disclosure of Confidential Information as “confidential”, but the Beneficiaries accepts that the Programme Owner may be unable to impose any specific obligations upon such bodies, although the Programme Owner will use reasonable efforts to ensure that such Funding Body is bound by minimal confidentiality obligations safeguarding the interests of the other Beneficiaries. Such permitted disclosures of Confidential Information in the framework of this Clause 13.1 shall not be considered prohibited Dissemination. However, where such permitted disclosure concerns Confidential Information related to the Programme and its QHL, the Programme Owner shall always, prior to disclosure, ensure it can comply with the EFPIA Option Rights according to Clause 13.10. Therefore, for as long as EFPIA Option rights under Clause 13.10 apply, such disclosure of Confidential Informat...

Related to ACCESS RIGHTS FOR DIRECT EXPLOITATION AND COMPENSATION FOR

  • Developer Compensation for Emergency Services If, during an Emergency State, the Developer provides services at the request or direction of the NYISO or Connecting Transmission Owner, the Developer will be compensated for such services in accordance with the NYISO Services Tariff.

  • Reporting Total Compensation of Recipient Executives 1. Applicability and what to report. You must report total compensation for each of your five most highly compensated executives for the preceding completed fiscal year, if— i. the total Federal funding authorized to date under this award is $25,000 or more; ii. in the preceding fiscal year, you received— (a) 80 percent or more of your annual gross revenues from Federal procurement contracts (and subcontracts) and Federal financial assistance subject to the Transparency Act, as defined at 2 CFR 170.320 (and subawards); and (b) $25,000,000 or more in annual gross revenues from Federal procurement contracts (and subcontracts) and Federal financial assistance subject to the Transparency Act, as defined at 2 CFR 170.320 (and subawards); and iii. The public does not have access to information about the compensation of the executives through periodic reports filed under section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a), 78o(d)) or section 6104 of the Internal Revenue Code of 1986. (To determine if the public has access to the compensation information, see the U.S. Security and Exchange Commission total compensation filings at xxxx://xxx.xxx.xxx/answers/execomp.htm.) 2. Where and when to report. You must report executive total compensation described in paragraph A.1. of this award term: i. As part of your registration profile at xxxxx://xxx.xxx.gov. ii. By the end of the month following the month in which this award is made, and annually thereafter.

  • Exclusivity of Services The Subadviser shall devote its best efforts and such time as it deems necessary to provide prompt and expert service to Client and the Fund. The services of Subadviser to be provided hereunder are not to be deemed exclusive and Subadviser shall be free to provide similar services for its own account and the accounts of other persons and to receive compensation for such services. Client acknowledges that Subadviser and its Affiliates and Subadviser's other clients may at any time, have, acquire, increase, decrease or dispose of positions in the same investments which are at the same time being held, acquired for or disposed of under this Agreement for the Fund. Subadviser shall have no obligation to acquire or dispose of a position in any investment pursuant to this Agreement simply because Subadviser, its directors, members, Affiliates or employees invest in such a position for its or their own accounts or for the account of another client.

  • Compensation for Loss of Employee Tools (a) The Employer will replace all Employee tools lost or stolen in accordance with the Award.

  • Services and Compensation Consultant shall perform the services described in Exhibit A (the “Services”) for the Company (or its designee), and the Company agrees to pay Consultant the compensation described in Exhibit A for Consultant’s performance of the Services.

  • DEVELOPMENT OR ASSISTANCE IN DEVELOPMENT OF SPECIFICATIONS REQUIREMENTS/ STATEMENTS OF WORK

  • Reporting of Total Compensation of Subrecipient Executives 1. Applicability and what to report. Unless you are exempt as provided in paragraph d. of this award term, for each first-tier subrecipient under this award, you shall report the names and total compensation of each of the subrecipient's five most highly compensated executives for the subrecipient's preceding completed fiscal year, if-- i. in the subrecipient's preceding fiscal year, the subrecipient received-- (A) 80 percent or more of its annual gross revenues from Federal procurement contracts (and subcontracts) and Federal financial assistance subject to the Transparency Act, as defined at 2 CFR 170.320 (and subawards); and (B) $25,000,000 or more in annual gross revenues from Federal procurement contracts (and subcontracts), and Federal financial assistance subject to the Transparency Act (and subawards); and ii. The public does not have access to information about the compensation of the executives through periodic reports filed under section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a), 78o(d)) or section 6104 of the Internal Revenue Code of 1986. (To determine if the public has access to the compensation information, see the U.S. Security and Exchange Commission total compensation filings at xxxx://xxx.xxx.xxx/answers/execomp.htm.) 2. Where and when to report. You must report subrecipient executive total compensation described in paragraph c.1. of this award term: i. To the recipient. ii. By the end of the month following the month during which you make the subaward. For example, if a subaward is obligated on any date during the month of October of a given year (i.e., between October 1 and 31), you must report any required compensation information of the subrecipient by November 30 of that year.

  • Compensation for Consulting Services For each quarter (i.e., three-month period) that Executive provides consulting services to MediciNova pursuant to the option of MediciNova contained in Section 9 above, MediciNova shall pay Executive a sum equal to fifteen percent (15%) of Executive’s annual Base Compensation which shall be applicable at the time of Executive’s termination of employment with MediciNova (prorated for any period of less than a quarter). The parties expressly agree that when Executive is performing consulting services for MediciNova, Executive is acting as an independent contractor. Therefore, Executive shall be solely liable for Social Security and income taxes that result from Executive’s compensation as a consultant. In addition, Executive shall not be entitled to any other benefits including, without limitation, such group medical, life and disability insurance and other benefits as may be provided to employees and/or executives of MediciNova.

  • Mitigation; Exclusivity of Benefits (a) The Executive shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise, nor shall the amount of any such benefits be reduced by any compensation earned by the Executive as a result of employment by another employer after the Date of Termination or otherwise. (b) The specific arrangements referred to herein are not intended to exclude any other benefits which may be available to the Executive upon a termination of employment with the Employers pursuant to employee benefit plans of the Employers or otherwise.

  • Exclusivity of Salary and Benefits The Executive shall not be entitled to any payments or benefits other than those provided under this Agreement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!