Payment level. Unless otherwise agreed in the Project Plan, ELM shall pay DNAP all of DNAP's direct costs (including direct R&D overhead) plus an industry standard operating margin, but in no event more than 200% of DNAP's modified direct costs, as customarily computed by DNAP to include only salaries, benefits, supplies and travel with respect to Project personnel.
Appears in 1 contract
Sources: Long Term Funded Research Agreement (Bionova U S Inc)
Payment level. Unless otherwise agreed in the Project Plan, ELM shall pay DNAP all of DNAP's direct costs (including direct R&D overhead) plus an industry standard operating margin, but in no event more than 200% of DNAP's modified direct costs, as customarily computed by DNAP to include only salaries, benefits, supplies and travel with respect to Project personnel.
Appears in 1 contract
Sources: Long Term Funded Research Agreement (Dna Plant Technology Corp)