OpenLegislation

Appendix 2

United Kingdom

Original text. Later amendments are not shown.

Annual financial contribution

Financial Commitment for the first five years

For the initial five-year period after the establishment of EATRIS ERIC the principles for the financial commitment shall be as follows:

  1. (a)

    initial commitment for Founding Members is five years (no initial commitment for Observers);

  2. (b)

    Founding Members can sign up for less than five years subject to a 25 % increase in the annual contribution; the excess shall be refunded if the Member completes the five years;

  3. (c)

    the initial financial contribution for EATRIS ERIC year one is based on the agreed five-year budget excluding any uncertain income source (e.g. the income from user fees) and a minimum of five Founding Members;

  4. (d)

    the Netherlands will pay an additional hosting contribution of EUR 500 000 in 2013, 2014 and 2015. After 2015 the Netherlands will pay an additional hosting contribution of EUR 50 000;

  5. (e)

    no Founding Member that has made a five-year commitment will pay more than EUR 140 000 per year (maximum threshold);

  6. (f)

    the minimum membership contribution will not be lower than EUR 50 000 per year regardless of the number of Members and regardless of any income generated by EATRIS ERIC (minimum threshold);

  7. (g)

    the financial contribution for EATRIS ERIC year two is based on the agreed five-year budget minus the net result from income in EATRIS ERIC year one. The financial contribution for EATRIS ERIC year three is based on the agreed five-year budget minus the net result from income in EATRIS ERIC year two etc.;

  8. (h)

    a new Member starts at the financial contribution level it would have paid as a Founding Member in EATRIS ERIC year one plus 25 %. After accession year one it pays the financial contribution set for EATRIS ERIC year two plus 25 % etc. If the new Member completes a five-year term, the excess is refunded;

  9. (i)

    Founding Observers with institutes not participating in all activities of EATRIS and not providing services pay 25 % of the annual financial contribution of what they would have paid as Founding Members; a Founding Observer with institutes participating in all activities of EATRIS including providing services shall pay the same annual financial contribution as a Founding Member;

  10. (j)

    a Founding Observer that pays 25 % of the annual financial contribution and that becomes a Member starts at the same level of financial contribution it would have paid as a Founding Member in EATRIS ERIC year one. After accession year one it pays the financial contribution set for EATRIS ERIC year two etc. If it completes a five-year term, the Observer financial contribution shall be refunded;

  11. (k)

    a new Observer starts at 25 % of the financial contribution it would have paid as a Founding Member in EATRIS ERIC year one. In year two of its accession it pays 25 % of what it would have paid in EATRIS ERIC year two etc.;

  12. (l)

    if a new Observer becomes a Member it pays the financial contribution it would have paid as a Founding Member in EATRIS ERIC year one; after accession year one it pays the financial contribution set for EATRIS ERIC year two etc.; if the new Member completes a five-year term, the Observer financial contribution shall be refunded;

  13. (m)

    if new Members or Observers join or if an Observer becomes a Member the financial contribution for that year is recalculated for all Members and Observers;

  14. (n)

    in all cases mentioned in points (a) to (m), the 25 % extra financial contribution shall be held in reserve.