Research Program Payments. Celanese agrees to pay to Symyx Research Expenses for the conduct of the Research Program, in a total not less than the Field Minimum Funding for all Active Fields. At a minimum, Celanese shall fund the conduct of the Research Program for a minimum of three (3) years in the aggregate amount of eleven million four hundred and fifty thousand dollars ($11.45 million), and may provide funding for further years, subject to the terms and conditions herein. All funds are to be used for the Research Program as budgeted by the applicable RFC.
Appears in 2 contracts
Sources: Collaboration Agreement (Symyx Technologies Inc), Collaboration Agreement (Symyx Technologies Inc)
Research Program Payments. Celanese agrees to pay to Symyx Research Expenses for the conduct of the Research Program, in a total not less than the Field Minimum Funding for all Active Fields. At a minimum, Celanese shall fund the conduct of the Research Program for a minimum of three (3) years in the aggregate amount of eleven million four hundred and fifty thousand dollars ($11.45 million), and may provide funding for further years, subject to the terms and conditions herein. All funds are to be used for the Research Program as budgeted by the applicable RFC.[******]
Appears in 1 contract