Common use of Audit Fee Clause in Contracts

Audit Fee. An Audit fee of € [AMOUNT] / hour, estimated but not limited to [NUMBER] hours will be paid, if applicable. [TO BE COMPLETED DEPENDING ON THE PROTOCOL (cf. Human Bodily Material)] 2 – PAYMENT TERMS Payments will be made as follows: Payments will be made, upon invoice, [every 6 months] for visits and procedures which have been completed as set forth in the Budget above. Payment shall only be due if the INSTITUTION and/or the INVESTIGATOR has satisfied his obligations under this Agreement. Payment of the fees shall be made within thirty (30) days following receipt of the corresponding invoice submitted by the INSTITUTION to the SPONSOR/CRO. To facilitate invoicing by the INSTITUTION, the SPONSOR/CRO will provide a request for invoice prior to each payment in accordance with the payment terms set forth in in this SCHEDULE A, to the INSTITUTION, Clinical Trial Center (finance department). This request will mention the study reference xxxxx and contain payment details in attachment. The INSTITUTION as well as the INVESTIGATOR shall be notified in case the request for invoice relates to the final payment. The details of this final payment and of all previous payments that have been made during the study to the INSTITUTION will be provided to the INSTITUTION and the INVESTIGATOR. As to the taxes, Section 10.7 of the Agreement shall apply. STUDY PROTOCOL [The latest version of the Protocol as approved by the relevant ethics committee is incorporated herein by reference]

Audit Fee. An Audit fee of € [AMOUNT] / hour, estimated but not limited to [NUMBER] hours will be paid, if applicable. [TO BE COMPLETED DEPENDING ON THE PROTOCOL (cf. Human Bodily Material)] 2 – PAYMENT TERMS Payments will be made as follows: Payments will be made, upon invoice, [every 6 months] for visits and procedures which have been completed as set forth in the Budget above. Payment shall only be due if the INSTITUTION and/or the INVESTIGATOR has satisfied his obligations under this Agreement. Payment of the fees shall be made within thirty (30) days following receipt of the corresponding invoice submitted by the INSTITUTION to the SPONSOR/CRO. To facilitate invoicing by the INSTITUTION, the SPONSOR/CRO will provide a request for invoice prior to each payment in accordance with the payment terms set forth in in this SCHEDULE A, to the INSTITUTION, Clinical Trial Center (finance department). This request will mention the study Study reference xxxxx and contain payment details in attachment. The INSTITUTION as well as the INVESTIGATOR shall be notified in case the request for invoice relates to the final payment. The details of this final payment and of all previous payments that have been made during the study Study to the INSTITUTION will be provided to the INSTITUTION and the INVESTIGATOR. As to the taxes, Section 10.7 of the Agreement shall apply. SCHEDULE B STUDY PROTOCOL [The latest version of the Protocol as approved by the relevant ethics committee is incorporated herein by reference]] SCHEDULE C

Audit Fee. An Audit fee of € [AMOUNT] / hour, estimated but not limited to [NUMBER] hours will be paid, if applicable. [TO BE COMPLETED DEPENDING ON THE PROTOCOL (cf. Human Bodily Material)] 2 – PAYMENT TERMS Payments will be made as follows: Payments will be made, upon invoice, [every 6 3 months] for visits and procedures which have been completed as set forth in the Budget above. Payment shall only be due if the INSTITUTION and/or the INVESTIGATOR has satisfied his obligations under this Agreement. Payment of the fees shall be made within thirty (30) days following receipt of the corresponding invoice submitted by the INSTITUTION to the SPONSOR/CRO. To facilitate invoicing by the INSTITUTION, the SPONSOR/CRO will provide a request for invoice prior to each payment in accordance with the payment terms set forth in in this SCHEDULE A, to the INSTITUTION, Clinical Trial Center (finance department). This request will mention the study reference xxxxx and contain payment details in attachment. The INSTITUTION as well as the INVESTIGATOR shall be notified in case the request for invoice relates to the final payment. The details of this final payment and of all previous payments that have been made during the study to the INSTITUTION will be provided to the INSTITUTION and the INVESTIGATOR. As to the taxes, Section 10.7 of the Agreement shall apply. STUDY PROTOCOL [The latest version of the Protocol as approved by the relevant ethics committee is incorporated herein by reference]