Hi, Gabor,

 

Thanks for your e-mail and explanations, which we can live with.

 

Best.

 

David

 

 

 

From: <star-bounces@listserv.vub.ac.be> on behalf of Gábor Kulitsán <kulitsan.gabor@naih.hu>
Organization: NAIH
Date: Tuesday, 25 September 2018 at 14:36
To: 'STAR' <star@listserv.vub.ac.be>
Subject: [star] STAR II - Consortium Agreement (and other)

 

Dear All,

 

Thank you for your comments and suggestions on the draft Consortium Agreement, but I would like to point out that not all of them  have been included in the (hopefully) final clean version, which is attached to this e-mail. I also attached the previous version, so you can compare them.

 

Some remarks:

-       Section 7.1.1., last paragraph: We don’t see the second part of the sentence necessary for two reasons: The provisions of payment are detailed in Section 7.3.1 and the same part of STAR I CA does not contain any more either.

-       Section 7.3:  We modified the schedule plan slightly, the pre-financing amount would be distributed in a proportion of 20%-40%-20%-10%-10%. The first payment would be made without delay after the CA is signed by all of us, then the second payment would follow in December 2018, so by the end of this year already 60% of the pre-financing amount would be distributed. If we would distribute the amount in 5 equal instalments, the Partners would receive only 40% of the pre-financing amount by the end of the year. We insist on this method and we hope you can accept this it as well. You can find the payment schedule plan at the end of the CA (Attachment 2).

-       Section 8.2: Modified according to David’s suggestion.

Please review the CA for the last time. Our President can sign the CA on Thursday (he is out of office until then) and then we will send the document to VUB by post.

 

Other:

 

 

Thank you.

 

Best,

Gábor

 

 

P.S. Photos from the KOM are enclosed as well.