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.
Form of grant. 5.2 Maximum grant amount....................................................................................
Form of grant reimbursement rate and form of costs
Form of grant reimbursement rate and forms of costs
(a) for direct personnel costs: as actually incurred costs ('actual costs') or - on the basis of an amount per unit calculated by the partner in accordance with its usual cost accounting practices ('unit costs'). Personnel costs for SME owners or partners that are natural persons not receiving a salary (see Points A4 and A5 of Article 5.2) must be declared on the basis of the amount per unit set out in Annex 2a (unit costs);
(b) for direct costs for subcontracting: as actually incurred costs (actual costs); WIDESPREAD-01-2016-2017-TeamingPhase2 • Associated with document Ref. Ares(2017)278766 - 18/01/2017
(c) for direct costs of providing financial support to third parties: not applicable;
(d) for other direct costs: as actually incurred costs (actual costs);
(e) for indirect costs: on the basis of a flat-rate applied as set out in Article 5.2, Point E ('flat-rate costs');
(f) specific cost category(ies): not applicable.
Form of grant. Article 5.1 - Actual cost-based grant with unit costs and flat rate elements - Grant = partial reimbursement of costs that are actually incurred by beneficiaries of the grant agreement at the fixed reimbursement rate. Costsincurred are assessed at the time of the periodic reports (interim and balance payments). - Grant amount is assessedat action-level - Double-ceiling of the grant: maximum grant amount compared to the result of reimbursement rate applied to the consolidated total eligible costs of the action
