Staffing and Research Support Payments Sample Clauses

Staffing and Research Support Payments. CFFT will make the payments to Vertex specified below during 2004 and 2005 in support of the Research Program under this Agreement. [***] [***] [***] [***] [***] [***] Total $ 21.281 Vertex will dedicate a minimum average [***] during its term, [***] Unless otherwise agreed in writing by CFFT, from and after the earlier of the date upon which Vertex notifies CFFT of its selection of a Primary and an Alternate Program, Vertex will devote [***] to the Alternate Program, and will apply [***]. Subject to the foregoing requirements, the research support specified above can be allocated as Vertex may determine in good faith between in-house and outside resources, between the Primary Program and the Alternative Program, and between and among individual budget line items.
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Staffing and Research Support Payments. CFFT will make the payments to Predix specified below during the Term in support of the Research Programs under this Agreement.
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Staffing and Research Support Payments. NOVARTIS will make the payments specified below to VERTEX during each Research Year in support of the Research Program under this Agreement. The required payments are based upon the following assumptions: (a) the average number of FTE's which VERTEX will have employed in the Research Program during a Research Year will be approximately equal to the FTE Level listed in the third column below; and (b) the annual rate per FTE is approximately [**********]. If the average FTE level for any Research Year is less than the level specified below for that year (the difference being referred to in this section as an "FTE Shortfall"), then the amount of funding specified below for that Research Year shall be reduced by an amount (the "FTE Shortfall Amount") which bears the same relation to the total funding specified below for that Research Year as the FTE Shortfall bears to the projected FTE Level for that Year. The FTE Shortfall Amount shall be carried over from year to year and applied to compensate VERTEX for FTE Levels in subsequent Research Years which exceed the level for those Years as specified below. In any such subsequent Research Year, VERTEX shall be entitled to receive out of any remaining FTE Shortfall Amount a payment equal to the value (computed with reference to the inflation-adjusted FTE rate specified above) of any FTE's actually employed during that Research Year in excess of the FTE Level specified for that year ("Excess FTE's"). Notwithstanding the foregoing, the FTE Shortfall Amount will not be applied to compensate VERTEX on account of more than 20 Excess FTE's in any one Research Year. Research Year Funding FTE Level ------------- ------- --------- 1 [*******] [****] 2 [*******] [****] 3 [*******] [****] 4 [*******] [****] 5 [*******] [****] 6 [*******] [****] Research Year 1 will be deemed to have commenced on May 1, 2000. Payments due for each Research Year shall be made quarterly in advance on or before May 1, August 1, November 1 and February 1 of each Research Year except that the quarterly payment due May 1, 2000 shall be made within thirty business days after the Effective Date of this Agreement. All payments shall be made without deduction for withholding or other similar taxes, in United States dollars to the credit of such bank account as may be designated by VERTEX in writing to NOVARTIS. Any payments which fall due on a date which is a legal holiday in the Commonwealth of Massachusetts may be made on the next following day which ...
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Staffing and Research Support Payments. NIBRI will pay to Myogen: (a) [/\#/\]. The JSC shall determine the exact number of FTEs to be funded by NIBRI in any particular Research Year and the manner in which such FTEs shall be allocated under the Research Program. Between [/\#/\] FTEs shall be funded by NIBRI in any Research Year in connection with the Research Program. Any FTEs greater than [/\#/\]CONFIDENTIAL TREATMENT REQUESTED [/\#/\] require NIBRI's prior approval. The annual rate per FTE shall be [/\#/\]. The FTEs shall be funded in support of the Research Program under this Agreement. Payments due for each Research Year shall be made by NIBRI to Myogen [/\#/\]. All payments shall be made without deduction for withholding or other similar taxes, in United States dollars to the credit of such bank account as may be designated by Myogen in writing to NIBRI. Any payments which fall due on a date which is a legal holiday in the Commonwealth of Massachusetts may be made on the next following day which is not a legal holiday in the Commonwealth. In the event that NIBRI terminates its participation in the Research Program pursuant to Section 9.4, it shall nevertheless continue during the Wind-Down Period to fund: [/\#/\]
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Staffing and Research Support Payments. NIBRI will pay to Myogen: (a) [..**..]; and (b) [..**..]. Subject to the following sentence, the JSC shall determine the exact number of FTEs to be funded by NIBRI in any particular Research Year and the manner in which such FTEs shall be allocated under the Research Program. Between [..**..] FTEs shall be funded by NIBRI in any Research Year in connection with the Research Program, subject to Section 9.4. The JSC shall allocate the FTEs between the HDAC Inhibitor Research Program and the Research Program excluding the HDAC Inhibitor Research Program. Any FTEs greater than [..**..] require NIBRI’s prior approval. The annual rate per FTE shall be [..**..]. The FTEs shall be funded in support of the Research Program under this Agreement. Payments due for each Research Year shall be made by NIBRI to Myogen [..**..] All payments shall be made without deduction for withholding or other similar taxes, in United States dollars to the credit of such bank account as may be designated by Myogen in writing to [..**..] Confidential Treatment Requested NIBRI. Any payments which fall due on a date which is a legal holiday in the Commonwealth of Massachusetts may be made on the next following day which is not a legal holiday in the Commonwealth. Any amount that is not paid when due will accrue interest at the rate of [..**..] per month from the due date until paid. In the event that NIBRI terminates its participation in the HDAC Inhibitor Research Program or the Research Program (excluding the HDAC Inhibitor Research Program) pursuant to Section 9.4, it shall nevertheless continue the level of funding during the Wind-Down Period set forth in Section 9.4.
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Staffing and Research Support Payments. (a) CFFT will make payments to CombinatoRx in support of the Budget. The initial Budget shall cover estimated costs for the Research Program during each annual period encompassed by the Research Program prior to the Go Decision. If a Go Decision is made, CFFT will pay seventy-five percent (75%) and CombinatoRx will pay twenty-five percent (25%) (the “CombinatoRx Share”) of the Phase I and Phase IIa costs of the first Drug Product Candidate and the Budget shall be modified as part of the Go Decision process to project such costs. The Parties will negotiate in good faith with respect to any level of financial support CFFT will provide for any subsequent Drug Product Candidate. Any material revisions to the Budget which would result in an increase in total funding for the Research Program by CFFT will require the prior approval of CFFT.
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Staffing and Research Support Payments. CFFT will make the payments to Vertex specified below during 2004 and 2005 in support of the Research Program under this Agreement. [***] Vertex will dedicate a minimum average [***] during its term, [***]. Unless otherwise agreed in writing by CFFT, from and after the earlier of the date upon which Vertex notifies CFFT of its selection of a Primary and an Alternate Program, Vertex will devote [***] to the Alternate Program, and will apply [***]. Subject to the foregoing requirements, the research support specified above can be allocated as Vertex may determine in good faith between * Information redacted pursuant to a confidential treatment request. An unredacted version of this exhibit has been filed separately with the Commission. in-house and outside resources, between the Primary Program and the Alternative Program, and between and among individual budget line items.
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Staffing and Research Support Payments 
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Related to Staffing and Research Support Payments

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