Common Financial Obligations. Participants wishing to share the costs of a particular Task shall agree in the appropriate Task Annex to do so. The apportionment of contributions to such costs (whether in the form of cash, services rendered, intellectual property or the supply of materials) and the use of such contributions shall be governed by the regulations and decisions made pursuant to this Article by the Executive Committee.
Common Financial Obligations. The Executive Committee may agree, acting by unanimity, to establish a common fund to share the costs of its responsibilities and administrative activities set forth under Article 3 hereof. In addition, Annex Participants wishing to share the costs of a particular Task shall agree in the appropriate Task Annex to establish a separate common fund. The apportionment of contributions to such common funds (whether in the form of cash, services rendered, intellectual property or the supply of materials) as well as the management and use of such common funds shall be governed by the regulations and decisions made pursuant to this Article by the Executive Committee, acting by unanimity.
Common Financial Obligations. If the Executive Committee wishes to share the costs of implementing this agreement, it shall agree to establish a Common Fund by unanimous decision. If Participants in a particular Task wish to share the costs of implementing specific Task activities, the Task Participants may establish a Common Fund by specifying in the terms of the appropriate Annex. The apportionment of contributions to such costs (whether in the form of cash, services rendered, in-kind, intellectual property or the supply of materials) and the use of such contributions shall be governed by the regulations and decisions made pursuant to this Article by the Executive Committee.
Common Financial Obligations. The Executive Committee may agree, acting by unanimity, to establish a Common Fund to share the cost of responsibilities and activities set forth under Articles 4 and 5 above. In addition, Participants wishing to share the costs of a particular Annex will agree in the appropriate Annex to establish a Common Fund. The apportionment of contributions to such costs (whether in the form of cash, services rendered, intellectual property or the supply of materials) and the use of such contributions will be governed by the regulations and decision made pursuant to this Article by the Executive Committee, acting by unanimity.
Common Financial Obligations. Participants wishing to share the costs of implementing specific activities under an Annex shall agree in the appropriate Annex to do so. The apportionment of contributions to such costs (whether in the form of cash, services rendered, in-kind, intellectual property or the supply of material) and the use of such contributions shall be governed by the decisions made by unanimous vote of the Executive Committee members designated by the Participants in the relevant Annex.
Common Financial Obligations. The Common Program will be funded through the Operating Agent. The actual costs of the Common Program during this Annex will be divided equally among all Participants. If the number of Participants changes, the Executive Committee will decide whether or not to adjust the budget and fees. New Participants will pay a full share of the costs beginning in the Task year in which they become Participants. The 2005 budget of the Operating Agent will be EURO 200,000; based on 10 Participants at EURO 20,000 each. The Executive Committee will decide the annual budget for subsequent years based on no more than EURO 20,000 per Contracting Party, and taking into account the actual number of Participants, inflation and any agreed changes in the Common Program.
