Optimization Program Funding Sample Clauses

Optimization Program Funding. In partial consideration of the performance by ArQule of the lead optimization projects described in Section 4.2 hereof, SB shall pay ArQule for the FTEs assigned to such projects at the "Applicable FTE Rate" (as defined below) payable in advance in equal quarterly installments, with the first such payment to be made within forty-five (45) days of notification to the JSC of project initiation, and with each installment thereafter payable within five (5) business days of the first day of each fiscal quarter thereafter, upon invoice from ArQule. The "Applicable FTE Rate" will be determined as follows:
Sample 1Sample 2
Optimization Program Funding. (a) Research Support for Project Team. At all times during the Optimization Period, ICOS shall make payments to Array for direct [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended. research support for its Project Team, which shall initially consist of [ * ] of Array, unless determined otherwise under Section 7.1(b). The total amount payable per FTE shall be U.S. [ * ] per FTE per annum ("FTE Rate"). The FTE Rate for any Calendar Year after [ * ] shall be adjusted annually at each anniversary of this Agreement by ICOS in accordance with the annual percentage change in Consumer Price Index for all Urban Consumers as published by the United States Department of Labor, Bureau of Labor Statistics. All payments for direct research support shall be paid by ICOS to Array, quarterly in advance, and adjusted as necessary in subsequent quarters, of such amounts as are equal to the product of (i) the number of FTEs [ * ] FTEs unless determined otherwise under Section 7.1(b)) allocated to the Optimization Program for the calendar quarter to which each such payment applies, multiplied by (ii) U.S. [ * ] (i.e., the quarterly amount per FTE on the basis of U.S. [ * ] per annum).
Sample 1
Optimization Program Funding. (a) Research Support for Project Team. At all times during the Optimization Period, ICOS shall make payments to Array for direct research support for its Project Team, which shall initially consist of [ * ] of Array, unless determined otherwise under Section 7.1(b). The total amount payable per FTE shall be U.S. [ * ] per FTE per annum ("FTE Rate"). The FTE Rate for any Calendar Year after [ * ] shall be adjusted annually at each anniversary of this Agreement by ICOS in accordance with the annual percentage change in Consumer Price Index for all Urban Consumers as published by the United States Department of Labor, Bureau of Labor Statistics. All payments for direct research support shall be paid by ICOS to Array, quarterly in advance, and adjusted as necessary in subsequent quarters, of such amounts as are equal to the product of (i) the number of FTEs [ * ] FTEs unless determined otherwise under Section 7.1(b)) allocated to the Optimization Program for the calendar quarter to which each such payment applies, multiplied by (ii) U.S. [ * ] (i.e., the quarterly amount per FTE on the basis of U.S. [ * ] per annum).
Sample 1
Optimization Program Funding 
Sample 1

Related to Optimization Program Funding

  • Program Funding Upon entry into force of this Compact, MCC will grant to the Government, under the terms of this Compact, an amount not to exceed Four Hundred Eight Million Eight Hundred Fifty Thousand United States Dollars (US$408,850,000) to support the Program (“Program Funding”). The allocation of Program Funding is generally described in Annex II to this Compact.

  • Research Funding (a) During each Collaboration Term and in connection with any wind-down activities contemplated by Section 13.4. Gilead shall reimburse Hookipa for all Out-of-Pocket Costs actually incurred (with no markup) by Hookipa in connection with the applicable Program, to the extent specifically contemplated in the applicable Research Plan and in accordance with the applicable Research Budget. Gilead shall reimburse the undisputed amount of such Out-of-Pocket Costs incurred in a [***] within [***] days after receipt from Hookipa of an invoice therefor issued within [***] days after the end of such [***]. (b) During each Collaboration Term for a Program, Gilead shall reimburse Hookipa at the FTE Rate for the costs of any FTEs (not to exceed the number of FTEs specified in the applicable Research Plan for such Program for any period without first obtaining, in each case, Gilead’s prior written consent) actually performing activities allocated to Hookipa under such Research Plan. Hookipa shall provide to Gilead, within [***] days after the end of each [***] during each Collaboration Term, a report indicating the number of FTEs actually provided by Hookipa with respect to each Program during such [***], Hookipa shall use standard industry systems and processes to record the number of hours and FTEs actually applied to each Program, which systems and processes shall be consistently and equitably applied to all Hookipa research programs with Third Parties. Gilead shall reimburse Hookipa the undisputed amount for such FTE costs incurred in a [***] within [***] days after receipt from Hookipa of an invoice therefor issued within [***] days after the end of each [***]. (c) For clarity, Gilead shall not be obligated to reimburse Hookipa for any costs or expenses incurred by Hookipa in the course of its activities under the Programs, other than: (i) those costs and expenses expressly identified in this Section 9.6 or elsewhere in this Agreement; (ii) reimbursement for the supply of Licensed Products to Gilead in accordance with the terms of any supply agreement entered into by the Parties pursuant to Section 7.2; or (iii) any other costs and expenses approved by Gilead in writing in advance.

  • Orientation Program The Company will allow a designated representative of the Local or Bargaining Unit up to one (1) hour per calendar month for the purpose of conducting the Communications, Energy and Paperworkers Union New Members’ Orientation Program. Such meetings will be conducted during the probationary period of employees, and will be held on Company premises. Employees participating in Orientation Program meetings during their normally scheduled working hours will not suffer loss of pay at their regular rate. Orientation Program meetings will be scheduled by Management and a Management representative may attend as an observer.

  • Program Monitoring The Contractor will make all records and documents required under this Agreement as outlined here, in OEC Policies and NHECC Policies available to the SRO or its designee, the SR Fiscal Officer or their designee and the OEC. Scheduled monitoring visits will take place twice a year. The SRO and OEC reserve the right to make unannounced visits.

  • Development Program A. Development activities to be undertaken (Please break activities into subunits with the date of completion of major milestones) B. Estimated total development time

  • Educational Program A. DSST PUBLIC SCHOOLS shall implement and maintain the following characteristics of its educational program in addition to those identified in the Network Contract at DSST XXXX MIDDLE SCHOOL (“the School” within Exhibit A-3). These characteristics are subject to modification with the District’s written approval:

  • Program Development NWESD agrees that priority in the development of new applications services by XXXXX shall be in accordance with the expressed direction of the XXXXX Board of Directors operating under their bylaws.

  • Program Evaluation The School District and the College will develop a plan for the evaluation of the Dual Credit program to be completed each year. The evaluation will include, but is not limited to, disaggregated attendance and retention rates, GPA of high-school-credit-only courses and college courses, satisfactory progress in college courses, state assessment results, SAT/ACT, as applicable, TSIA readiness by grade level, and adequate progress toward the college-readiness of the students in the program. The School District commits to collecting longitudinal data as specified by the College, and making data and performance outcomes available to the College upon request. HB 1638 and SACSCOC require the collection of data points to be longitudinally captured by the School District, in collaboration with the College, will include, at minimum: student enrollment, GPA, retention, persistence, completion, transfer and scholarships. School District will provide parent contact and demographic information to the College upon request for targeted marketing of degree completion or workforce development information to parents of Students. School District agrees to obtain valid FERPA releases drafted to support the supply of such data if deemed required by counsel to either School District or the College. The College conducts and reports regular and ongoing evaluations of the Dual Credit program effectiveness and uses the results for continuous improvement.

  • Rehabilitation Program The company agrees to the implementation of an agreed worker’s compensation rehabilitation policy. The operation of this policy shall be reviewed on a regular basis. The parties commit to ensuring that the rehabilitation of injured workers is an accepted practice, and that suitable duties are provided when available. No employee will be terminated whilst on workers compensation during the first 12 months without prior consultation with the union. The parties agree that the person responsible for the management of rehabilitation cases must be adequately trained to do the job. If such a person is not available within the company, then the services of an agreed building industry rehabilitation coordination service will be used. The parties to this Agreement shall ensure that any employee who sustains a work related injury, illness or disease, will be afforded every assistance in utilising a rehabilitation program aimed at returning that employee to meaningful employment within the industry.

  • Training Program It is agreed that there shall be an Apprenticeship Training Program, the provisions of which are set forth in Exhibit "D", which is attached hereto and forms part of this Agreement.