Common use of Financial Compensation Clause in Contracts

Financial Compensation. NA61/SHINE shall transfer 80’000 CHF (the “Amount”) to the CERN account No XXXX. In case a dedicated production of partially functional XX Xxxxxx results to be necessary at the end of the SPhenix construction, an additional cost of 6600 CHF per each Stave shall be transferred. A staged payment over two years could be accepted upon NA61/SHINE request.

Financial Compensation. NA61/SHINE shall transfer 80’000 CHF (the “Amount”) to the a CERN account No XXXXupon the Equipment transfer. In case a dedicated production of partially functional XX Xxxxxx results to be necessary at the end of the SPhenix construction, an additional cost of 6600 CHF per each Stave shall be transferred. A staged payment over two years (2020 and 2021) could be accepted upon NA61/SHINE request.

Financial Compensation. NA61/SHINE shall transfer 80’000 CHF (the “Amount”) to CERN upon the CERN account No XXXXEquipment transfer. In case a dedicated production of partially functional XX Xxxxxx results to be necessary at the end of the SPhenix construction, an additional cost of 6600 CHF per each Stave shall be transferred. A staged payment over two years could be accepted upon NA61/SHINE request.