Common use of Fixed Component Clause in Contracts

Fixed Component. a. Determine whether the minimum threshold for the Partial Fixed Component or Complete Fixed Component for the Preterm Birth PFS Outcome Metric is achieved. The minimum threshold for the Partial Fixed Component for the Preterm Birth PFS Outcome Metric is achieved if the Preterm Birth PFS Impact Estimate is greater than or equal to 0.135 and less than 0.15. The minimum threshold for the Complete Fixed Component for the Preterm Birth PFS Outcome Metric is achieved if the Preterm Birth PFS Impact Estimate is greater than or equal to 0.15. b. If the minimum threshold for the Partial Fixed Component or Complete Fixed Component for the Preterm Birth PFS Outcome Metric is not achieved, enter the value $0 into cell D2 of the PFS Success Payment 1 Calculator Table in Table 3 above. c. If the minimum threshold for the Partial Fixed Component for the Preterm Birth PFS Outcome Metric is achieved, multiply (a) the total number of Project Participants and (b) $331. Enter the resulting value into cell D2 of the PFS Success Payment 1 Calculator Table in Table 3 above. d. If the minimum threshold for the Complete Fixed Component for the Preterm Birth PFS Outcome Metric is achieved, multiply (a) the total number of Project Participants and (b) $551. Enter the resulting value into cell D2 of the PFS Success Payment 1 Calculator Table in Table 3 above.