Field Minimum Funding Sample Clauses
Field Minimum Funding. (a) To maintain exclusivity for the Celanese Group, Celanese agrees to maintain the total research support for the Celanese Field at or above the following Field Minimum Funding levels: Period Amount ------ ------ Year 1 (Feb. 1, '98 - Jan.31, `99) $3.0 million Year 2 $3.75 million Year 3 $4.7 million Year 4 $5.85 million For purposes of achieving the Field Minimum Funding level for Year 1, Celanese shall receive credit for amounts spent by AR&T in Year 1 pursuing research in the "Oxidation Product Group" pursuant to the terms of CA1.
(b) Program Minimum Funding. In order to maintain the rights set forth in Section 2.3 above for the Inactive Fields listed on Exhibits D and E during the Research Program, Celanese shall: (i) initiate and continue research support in the Celanese Group as set forth in Sections 5.1.1(a) above, (ii) initiate support of additional projects in the Celanese Group or in another Active Field such that the total Research Expense support for the Research Program remains at or above the following minimum Program Minimum Funding levels: Period Amount ------ ------ Year 1 (Feb. 1, '98 - Jan.31, `99) $3.0 million Year 2 $3.75 million Year 3 $5.7 million Year 4 $7.35 million
Field Minimum Funding. (a) To maintain exclusivity for the Celanese Group, Celanese agrees to maintain the total research support for the Celanese Field at or above the following Field Minimum Funding levels: Period Amount ------ ------ Year 1 (Feb. 1, '98 - Jan.31, `99) [******] Year 2 [******] Year 3 [******] Year 4 [******] For purposes of achieving the Field Minimum Funding level for Year 1, Celanese shall receive credit for amounts spent by AR&T in Year 1 pursuing research in the "Oxidation Product Group" pursuant to the terms of CA1.
(b) Program Minimum Funding. In order to maintain the rights set forth in Section 2.3 above for the Inactive Fields listed on Exhibits D and E during the Research Program, Celanese shall: (i) initiate and continue research support in the Celanese Group as set forth in Sections 5.1.1(a) above, (ii) initiate support of additional projects in the Celanese Group or in another Active Field such that the total Research Expense support for the Research Program remains at or above the following minimum Program Minimum Funding levels: Period Amount ------ ------ Year 1 (Feb. 1, '98 - Jan.31, `99) [******] Year 2 [******] Year 3 [******] Year 4 [******] * Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.
Field Minimum Funding. (a) [******]
(b) [******]
