Common use of Industry Contribution Clause in Contracts

Industry Contribution. Remove the options that are not applicable: Option 1 (Program Cost Model) INSERT INDUSTRY PARTNER’S NAME to be invoiced by AMSI a total of $XX,000 [Full cost] plus GST. AMSI to raise this invoice within five working days of this agreement being executed. Option 2 (Up-front External Funding model) Program cost total is $XX,000 plus GST INSERT INDUSTRY PARTNER’S NAME to be invoiced by AMSI a total of $XX,000 plus GST. AMSI to raise this invoice within five working days of this agreement being executed. External Funding Partner INSERT FUNDING PARTNER’S NAME to be invoiced by AMSI a total of $XX,000 plus GST. AMSI to raise this invoice within five working days of this agreement being executed. Option 3 (Program cost – instalment model) Program cost total is $XX,000 plus GST. To be paid in two instalments as follows: Instalment One – Payable prior to Start date INSERT INDUSTRY PARTNER’S NAME to be invoiced by AMSI a total of $XX,000 plus GST (Amount 50% of total cost of internship – to be deleted). AMSI to raise this invoice within five Item Details working days of this agreement been executed. INSERT INDUSTRY PARTNER’S NAME to pay invoice prior to the start date of this internship. Instalment Two - Midpoint INSERT INDUSTRY PARTNER’S NAME to be invoiced by AMSI a total of $XX,000 plus GST (Remaining 50% of total cost of internship – to be deleted). AMSI to raise this invoice ENTER NUMBER FROM 2 to 3 months from the Start Date.

Appears in 4 contracts

Samples: Intern Agreement, Intern Agreement, Intern Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!