Form of grant. The Option Grant will be granted pursuant to and, to the extent not contrary to the terms of this Letter Agreement, will be subject to the terms and conditions imposed under the Plan and the grant agreement (“Grant Agreement”) to be entered into between you and OptiNose, Inc. which will include, without limitation, provisions relating to limits on transfer, post-termination exercise periods and other provisions as determined by OptiNose, Inc.
Form of grant. EU grants are normally ‘budget-based mixed actual cost’ grants (meaning grants, broken down by budget categories and participants, and based on actual costs incurred and other simplified forms of funding (i.e. normally unit costs for SME owners/natural person beneficiaries and volunteers, if applicable and flat rate costs for indirect costs). However, depending on the Programme and type of action, grants may also be: − pure actual cost grants (e.g. operating grants; see Operating Grants Model Grant Agreement) − pure lump sum grants (see Lump Sum Model Grant Agreement) − pure unit grants (see Unit Model Grant Agreement) − ‘activity-based mixed actual cost’ grants, i.e. broken down by budget categories as well as by activities or − any other combination of costs and/or contributions (not very frequent, because not supported by the IT tools).
Form of grant. EU grants are normally ‘budget-based mixed actual cost’ grants (meaning grants, broken down by budget categories and participants, and based on actual costs incurred and other simplified forms of funding (i.e. normally unit costs for SME owners/natural person beneficiaries and volunteers, if applicable and flat rate costs for indirect costs). However, depending on the Programme and type of action, grants may also be: − sole actual cost grants (e.g. some operating grants; see Operating Grants Model Grant Agreement) − sole lump sum grants (see Lump Sum Model Grant Agreement) − sole unit grants (see Unit Model Grant Agreement) − ‘activity-based mixed actual cost’ grants, i.e. broken down by budget categories as well as by activities or − any other combination of costs and/or contributions.
Form of grant reimbursement rate and forms of costs The grant reimburses 100% of the action's eligible costs (see Article 5) ('reimbursement of eligible costs') (see Annex 2). The estimated eligible costs of the action are EUR 15,000,000.00 (fifteen million EURO). Eligible costs (see Article 5) must be declared under the following forms ('forms of costs'):
Form of grant. 5.2 Maximum grant amount....................................................................................
