Grant Compensation. 10.1. Compensation related to grants shall comply with and be subject to the regulations stated in 2 C.F.R. § 220 (OMB circular A-2), as those may change from time to time.
Grant Compensation. For the avoidance of doubt, Xxxxxxxxxx shall remain entitled to receive 1% of the total value of any grant and/or funding award obtained by the Company as a direct result of Xxxxxxxxxx’x introduction and/or efforts payable in the Company’s common stock based on the value of the Company’s common stock on the date the relevant award agreement is executed.
Grant Compensation. All compensation for professional services, reimbursement of expenses, general and administrative expenses and the like payable to LEA under the Grants, and any amendments thereto, after payment of all expenses of performing the Grant Requirements, including subcontractor payments, material costs, subsistence, permits and other costs of performance; provided however, LEA shall only be entitled to such compensation and reimbursement of expenses from payments actually made under the Grants, and, to the extent IAE has provided1 credit support as provided for in paragraph 7 below, on the condition that LEA timely performs its obligations to IAE under paragraph 3 above. LEA shall remain solely liable for reimbursement for any overpayments or improper payments made to LEA under the Grants. LEA shall further indemnify and hold IAE harmless from all losses, expenses, judgments, claims or liabilities arising out of LEA's failure to perform or defective performance of the Grant Requirements. I
Grant Compensation. 12.1. Compensation related to grants shall comply with and be subject to the regulations stated in 2 C.F.R. § 220 (Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards), as those may change from time to time.
