Common use of Sponsorship Funds Clause in Contracts

Sponsorship Funds. In order to sponsor RECIPIENT, BAYER will contribute to RECIPIENT the sum of US$164,246 as further described in Appendix 2 (RECIPIENT’s Funding Schedule), attached hereto and made a part hereof. Subject to Section 1.3, RECIPIENT will have sole control over the use of funding provided by XXXXX xxxxxxxxx.

Sponsorship Funds. In order to sponsor RECIPIENT, BAYER will contribute to RECIPIENT the sum of US$164,246 as further described in Appendix 2 (RECIPIENT’s Funding Schedule), attached hereto and made a part hereof. In addition, BAYER contribute to RECIPIENT one-time payment of $200,000 to expand the paid internships with enterprises other than BAYER. Subject to Section 1.3, RECIPIENT will have sole control over the use of funding provided by XXXXX xxxxxxxxx.