Small Grant Schemes Sample Clauses

Small Grant Schemes. The Programme contains a small grant scheme, which covers all four outputs. Information regarding the details of the Small Grant scheme can be found in the relevant sections of this Annex II.
Sample 1Sample 2
Small Grant Schemes. For the small grant scheme only SMEs are eligible applicants. The Small Grant Scheme will provide support for SMEs taken up in the planned incubator. Accepted enterprises will receive grants to verify their business ideas, to conduct market research, to pay salary to management personnel and to fund other necessary activities. The minimum amount of grant assistance applied for under the Small Grant Scheme is €10,000; the maximum amount is €170,000. The maximum grant rate shall not exceed 85% of the total eligible costs of the applicant. In accordance with Article 7.3.2 of the Regulation, the following costs are not eligible in projects selected under the Small Grant Scheme: The purchase of new or second hand equipment; In-kind contributions; The purchase of land and/or real estate.
Sample 1
Small Grant Schemes. The Small Grant Scheme shall provide support for the development of business ideas, with a view to submitting a project application under the main Open Call(s). The Small Grant Scheme will support innovative approaches to complex project themes and the development of new partnerships created for the purpose of designing quality projects for the open call. Recipients of support under the Small Grant Scheme shall describe a business idea and results of the project in the report following the conclusion of their activities. The Small Grant Scheme will be administered by Enterprise Estonia, and the same financial management procedures as mentioned in section 4 of this Annex, with the exception of procedures that only apply to projects selected under the call(s) for proposals. In the Small Grant Scheme in general no interim reports shall be submitted and no advance payment shall be allowed. In accordance with Article 6.5.8 of the Regulation, the following selection procedures shall apply to the Small Grant Scheme: Applications received shall be subject to an eligibility check, conducted by the Enterprise Estonia. Applications that meet the eligibility check will be analysed by two experts from the Enterprise Estonia, who will each prepare a separate assessment report on the application. The two experts will sign a declaration of independence from the application under consideration. The two experts, following the preparation of the assessment report, will have no further role in the decision to support or reject the application. On the basis of the two assessment reports, the Board of Enterprise Estonia will make a decision to support or reject the application. The minimum amount of grant assistance applied for under the Small Grant Scheme is € 5,000; the maximum amount is € 20,000. The maximum grant rate shall not exceed 75% of the total eligible costs of the applicant. There shall be one call for applications under the Small Grant Scheme. The call shall be launched no later than in the first quarter of 2013 and make available the total re-granting amount of € 829,118. The call will remain open until a reasonable amount of time prior to the launch of the final call for proposals for projects referred to in point 3.2 above, so as to allow for the re-allocation of any uncommitted amounts from the Small Grant Scheme to the final call for proposals for projects. The call for applications under the Small Grant Scheme may close earlier should the entire amount be co...
Sample 1
Small Grant Schemes. The Small Grant Scheme is aimed at the development of initiatives to secure the sustainability of the manor houses. Project duration shall be up to 31 months. The Small Grant Scheme shall make available a total of € 670,000 to projects. The rules applicable to the Small Grant Schemes and in particular, the grant size, grant rates, payment flows, etc., are stipulated in the relevant parts of this Annex. The final project selection criteria to be applied shall be detailed in the framework of the Small Grant Scheme in accordance with Article 6.3 of the Regulation and shall be discussed in the Cooperation Committee and shall be subject to the agreement of the Donor Programme Partner. They shall be based on the proposal of the Programme Operator, and as a minimum contain the following general principles: Selection criteria: applicant's capability to implement the project; sustainability of project results; realistic activity plan and budget, and financing plan; confirmation of co-financing; inclusion of activities to create opportunities for the development of the region and new jobs; and inclusion of activities to secure the number of visitors to manor schools. Additional points will be allocated if the application covers more than one manor school.
Sample 1
Small Grant Schemes. Outcome 3 Construction /modernization of municipal heating systems and elimination of individual heat sources Outcome 3 Construction of an installation for the production of fuel from wood and agro biomass in the form of pellets Outcome 4 Construction of heat sources using geothermal energy (“deep” geothermal energy) 85% 85% 85% 70% 45% 100% 90% 45% 80% 50% Call #11 Call #3 Outcome 4 Increasing the efficiency of energy generation in existing small hydropower plants (up to 2 MW) Outcome 1 Strengthened implementation of Circular Economy 50% 85%
Sample 1
Small Grant Schemes. See information provided in the relevant sections of this Annex II.
Sample 1
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Related to Small Grant Schemes

  • Stock Option Grants Pursuant to the following terms and conditions, the Executive shall be eligible to participate in Holdings’ stock option plan and Holdings agrees as follows: i. Holdings shall establish a stock option plan (“Stock Option Plan”) providing for grants of options (the “Stock Options”) to purchase the common stock of BD Investment Holdings Inc., par value $0.01 (the “Buyer Common Stock”) in amounts not less than (i) 2% of the Buyer Common Stock (on a fully-diluted post-exercise basis) in the aggregate per year for all executives, employees and financial advisors of the Company and its subsidiaries, including the Executive selected by the Board after consultation with, and based on the recommendation of, the CEO, for the calendar years beginning on January 1, 2008 and January 1, 2009 and (ii) 2.5% of the Buyer Common Stock (on a fully-diluted post-exercise basis) in the aggregate per year for all executives, employees and financial advisors of the Company and its subsidiaries, including the Executive, selected by the Board after consultation with, and based on the recommendation of, the CEO, for the calendar years beginning on January 1, 2010 and January 1, 2011. ii. Beginning in January 2008, each annual Stock Option grant shall be made between the first and fifteenth business day of the year, unless the CEO, in his sole discretion, shall agree with the Board to a later date during such year (the “Default Date”). If the Board does not approve Stock Option grants in the amounts set forth in Section 4(c)(i) by the Default Date, then Stock Options in such amounts shall be granted pro-rata to existing option holders and employee stockholders as of such date of grant, except that the CEO’s share of such Stock Option grants shall be reduced by 75% and the other four most highly compensated executives’ share of such Stock Option grants shall be reduced by 50%. iii. The per share exercise price of each Stock Option shall be equal to the Fair Market Value of a share of Buyer Common Stock on the date of grant. Each Stock Option granted shall vest in five equal tranches on each of the first five anniversaries of the date of grant subject to the option holder’s continued employment as of each such vesting date; provided, however, that all Stock Options shall automatically vest in full upon a “change in control” (as defined in the Option Plan, it being understood that an IPO shall in no event constitute a change in control). Notwithstanding any provision of this Agreement to the contrary, following an IPO, no additional Stock Options shall be granted pursuant to the Stock Option Plan. iv. Upon termination of his employment, the portion of any Stock Option granted to the Executive which has not yet vested shall terminate. In the event the Executive’s employment terminates for any reason other than for Cause, the Executive may exercise any vested portion of any Stock Option held by him on the date of termination provided that he does so prior to the earlier of (A) ninety (90) days following termination of employment and (B) the expiration of the scheduled term of the Stock Option. Notwithstanding the foregoing, if the Executive’s employment is terminated due to death or disability (as defined in Section 5(b)), then the Executive or, as applicable in the event of death, his beneficiary or estate, may exercise any vested portion of any Stock Option held by the Executive on the date employment terminates for the shorter of (A) the period of twelve (12) months following the termination date and, (B) with respect to each Stock Option individually, the expiration of the scheduled term of such Stock Option. Upon a termination of the Executive’s employment by the Company for Cause, all Stock Options shall be forfeited immediately. v. Holdings, the Company and the Executive agree to cooperate to structure the Stock Option Plan so as to minimize or avoid additional taxes and interest that would otherwise be imposed on the Executive with respect to options granted under the Stock Option Plan pursuant to Section 409A of the Internal Revenue Code as amended (the “Code”); provided, however, that the Company shall have no obligation to grant the Executive a “gross-up” or other “make-whole” compensation for such purpose.

  • Stock Option Award In the event of Employee’s involuntary Termination of Employment without Cause or Termination of Employment due to a resignation by Employee for Good Reason that, in either case, occurs on or before the second anniversary of a Change in Control, the Stock Option Award shall become exercisable immediately (whether or not previously exercisable) and shall remain exercisable for the three year period following such Termination of Employment. For this purpose, “Good Reason” has the same meaning determined by Employee’s written employment agreement in effect on the Grant Date. In the event there is no such agreement or definition, then Good Reason means the initial existence of one or more of the following conditions, arising without the consent of the Employee: (1) a material diminution in Employee’s base compensation; (2) a material diminution in Employee’s authority, duties, or responsibilities, so as to effectively cause Employee to no longer be performing the duties of his position; (3) a material diminution in the authority, duties, or responsibilities of the supervisor to whom Employee is required to report.

  • Grant Award On and subject to the terms and conditions set forth herein, Triumph hereby agrees to make a grant (the “Grant”) to Grantee in the aggregate maximum amount of up to Two Hundred Thousand and 00/100 Dollars ($200,000.00) (the “Maximum Grant Amount”) to provide partial funding for the Project.

  • Performance Shares Each Performance Share is a bookkeeping entry that records the equivalent of one Share. Upon the vesting of the Performance Shares as provided in Section 2, the vested Performance Shares will be settled as provided in Section 3.

  • Incentive Stock Options If the Shares are held for more than twelve (12) months after the date of the transfer of the Shares pursuant to the exercise of an ISO and are disposed of more than two (2) years after the Date of Grant, any gain realized on disposition of the Shares will be treated as long term capital gain for federal and California income tax purposes. If Shares purchased under an ISO are disposed of within the applicable one (1) year or two (2) year period, any gain realized on such disposition will be treated as compensation income (taxable at ordinary income rates) to the extent of the excess, if any, of the Fair Market Value of the Shares on the date of exercise over the Exercise Price.

  • Vesting of Stock Options All unvested stock options held by Executive, if any, shall vest immediately upon a Change of Control Termination as defined in Section 6.1.

  • Nonstatutory Stock Option If the Grant Notice so designates, this Option is intended to be a Nonstatutory Stock Option and shall not be treated as an Incentive Stock Option within the meaning of Section 422(b) of the Code.

  • Stock Option Grant Subject to the provisions set forth herein and the terms and conditions of the Plan, and in consideration of the agreements of the Participant herein provided, the Company hereby grants to the Participant an Option to purchase from the Company the number of shares of Common Stock, at the exercise price per share, and on the schedule, set forth above.

  • Performance Units Subject to the limitations set forth in paragraph (c) hereof, the Committee may in its discretion grant Performance Units to any Eligible Person and shall evidence such grant in an Award Agreement that is delivered to the Participant which sets forth the terms and conditions of the Award.

  • Award Criteria 40.1 The Procuring Entity shall award the Contract to the successful tenderer whose tender has been determined to be the Lowest Evaluated Tender in accordance with procedures in Section 3: Evaluation and Qualification Criteria.

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