Exchange of Letters - PECS Experiment Arrangement.

Dear Madam/Sir,

With reference to the PECS Charter signed on 05 November 2003, we hereby send you the conditions of the PECS Experiment Arrangement between ESA and your Institute:

INSTITUTE
Phone:
Fax:
Email:

related to No. 98... "TITLE”.

The ESA representative is Mr. B. Zufferey.

The total price of the present arrangement amounts to …… €, and upon your signature of the present letter an advance payment of 35% of the total limit of liability can be invoiced to ESA.
Please note that this advance payment will have to be set off against any future claims for reimbursement of costs. Furthermore, all invoices should mention the European standard “IBAN” and “BIC” as bank account identifiers: failing to do so will block the settlement of the payment.

The term of the project shall be the time period 01 January 2004 through 31 December 2007.

I would appreciate if you could sign and approve a copy of the present letters and return one original to me at your earliest convenience.

I am looking forward to a fruitful co-operation,

Sincerely Yours,

H. Olthof
PECS Programme Manager

Received, accepted and signed by Institute: Place / date: