These terms and conditions (the "T&Cs") are intended to govern the operation of the Scientific Progress Immunoglobulins in Neurology Award (the "SPIN Award") organized by Grifols, S.A., a company duly incorporated under Spanish law, with Tax ID number A-58389123 and with registered offices at calle Jesús y María 6, 08022 Barcelona – Spain ("Grifols").
The objectives of the SPIN Award are to develop novel concepts in immunoglobulin research in neurology, encourage discovery of beneficial immunoglobulin applications in neurological disorders, and promote research of novel therapeutic options for patients with neurological conditions (the "Research Project Objectives").
- The period of Award & timelines:
The period of participation for the SPIN Award 2019 will commence on 1st August 2018 and will finish on 31st January 2019.
(a) Submission of the Application Form (as such term is defined below): from 1st August 2018 until 31st January 2019.
(b) Award ceremony, which date and place will be announced on the Website (as such term is defined below) during the second quarter of 2019 (the "Award Ceremony")
These T&Cs are available for consultation on www.spin-awards.com (the "Website").
Participation in the SPIN Award is voluntary and free of charge.
Applicants shall meet the following eligibility requirements:
- The applicant must present an innovative project relevant to immunoglobulin research in neurology or related to novel immunoglobulin therapies for neurological conditions.
- Primary applicant must be under the age of 40 at the time of submitting the Letter of Intent (the "LoI");
- The applicant has to be employed or supported by a hospital, university or independent institution (the "Institution"), and
- If the applicant becomes Awardee (as such term is defined below), he/she shall sign a contract with the Institution and Grifols (the "Contract").
Hereinafter, both individual and team participants shall be jointly referred to as the "Participants".
None of Grifols' and/or its group companies' employees or any relative up to the second degree of kinship of the persons directly involved in the management of Grifols' scientific awards or in the appraisal process shall be eligible to participate in the SPIN Award.
Unless expressly stated in these T&Cs, in no case shall Grifols bear any costs and/or expenses in which the Participants may incur by reason of their participation in the SPIN Award.
3. Awards details
Participants should complete the Application Form and submit the LoI together with the CV not later than 31st January 2019, following the requirements set forth in Section 3.1.
Once the period to submit the LoI ends, a jury formed by a panel of scientists presented on the Website (the "Jury") shall select a maximum of six (6) Research Projects (as such term is defined below) taking into consideration the appraisal criteria described in Section 3.2.
The Participants shortlisted by the Jury will have to submit a full proposal of the Research Project, following the requirements set forth in Section 3.1.
Based on the appraisal criteria described in Section 3.2, the Jury will select one (1) Research project. The Participant whose Research Project is selected as awardee (the "Awardee") will be announced on the Website after the ceremony of SPIN Award, with his or her photograph, short a biography and a brief description of the project. The Research Project, as well as the results derived, directly or indirectly, from such project will be presented in collaboration and agreement with Grifols.
The Awardee is required to attend the Award Ceremony (as such term is defined below) to be awarded. Any costs and/or expenses associated to the attendance to the Award Ceremony will be borne by Grifols or, if it has already been paid by the Awardee or the Awardee's Institution, reimbursed by Grifols to the Awardee's Institution upon written evidence of such costs and/or expenses incurred, subject to any local laws and regulations applicable for these purposes.
Participants shall provide all information and documents mentioned in this section in English using the LoI and full proposal templates provided by Grifols.
3.1 Requirements of the Research Projects
Participants must present a research project on the use of immunoglobulins in neurology which meets the following requirements (the "Research Project"):
(a) Research Project goals should be achieved within twelve (12) months from the date of the first payment according to the Contract, in case Participants become selected as Awardees.
(b) The Research Projects should be innovative and related to immunoglobulin research in neurology or related to novel immunoglobulin therapies for neurological conditions, not associated with one particular commercial product.
(c) Studies sponsored by industry are excluded;
(d) In no case, submitted Research Projects shall include any information or data which allows, directly or indirectly, the identification of patients and/or any other individuals, who are not members of the Participant's team and/or institution";
(e) The Awardee agrees to provide Grifols with an interim study report after half-time of the Research Project and a full report after completion of the study.
3.2 Appraisal criteria
The Research Projects will be assessed by the Jury taking into account the Research Project Objectives and the following criteria:
(a) Scientific merit.
(b) Innovation of the project.
(c) Clinical/medical impact.
(d) Research environment/qualification of the Participant.
One (1) selected Research Project will be awarded with an amount of Euros 50,000 (the "Prize"). The payment of the Prize will only be transferred from Grifols to the Institution that employs or supports the Awardee with the following payment schedule:
- Twenty-five thousand Euros (€25,000) (Gross amount) within sixty (60) days of receipt of the corresponding invoice issued by the Institution.
- Twenty-five thousand Euros (€25,000) (Gross amount) within sixty (60) days of receipt by Grifols of the interim Report, together with the corresponding invoice issued by the Institution.
The Awardee acknowledges that Grifols will not transfer any payment of the Prize directly to him/her.
5. Guarantees and Intellectual and Industrial Property
The Participants guarantee that (a) they are the scientists or clinician responsible for the submitted Research Project, (b) any submitted documents and/or information provided are accurate and updated, (c) the Research Project is an original creation, (d) they have obtained all necessary approvals from the Institution to participate in the SPIN Award and their participation do not violate any duty owed to the Institution or any other third party, (e) if applicable, they will obtain the informed consent of the patients in accordance with applicable law, (f) the Research Project complies with all applicable health regulations, and (g) their participation in the SPIN Award and the exercise by Grifols of the rights licensed herein do not infringe any legal provisions, agreements, rights or assets owned by any third party.
The Institution will be the exclusive owner of the economic rights of intellectual and industrial property over the Research Project. By participating in the SPIN Award, Grifols is granted a worldwide, non-exclusive, non-transferable (except to Grifols' group companies) royalty free license to use any and all results derived, directly or indirectly, from the Research Project for Grifols' internal research and development purposes. The Awardee shall present any information, data and/or results derived from the Research Project only with the prior written consent of Grifols, which consent shall not be unreasonably withheld.
6. Data Protection
7. Applicable Law and Jurisdiction
These T&Cs are governed by Spanish law.
In order to resolve any disputes that arise, a strictly literal interpretation of the rules contained in these T&Cs will be followed prevailing Grifols' criteria with regard to their interpretation and enforcement.
Notwithstanding the foregoing, Participants agree that any dispute that may arise regarding the interpretation or enforcement of these T&Cs shall be settled by the courts and tribunals of the city of Barcelona.
Participation in the SPIN Award implies full and complete acceptance of these T&Cs by the Participants. Any statement to the contrary such as not agreeing to the T&Cs, will result in the exclusion of the Participant and, as a result, Grifols will be released from fulfilling the obligation undertaken to the Participant.
It is hereby acknowledged that the Award granted is not conditioned upon any promotion, prescription and/or use of any products commercialized by Grifols nor it is intended to influence the Awardee and its Institution to do so.
Grifols reserves the right to cancel the SPIN Award at any time on grounds of force majeure, a lack of participation such as the delay of signing of collaboration agreement 6 months after the nomination date, or for any other valid reason.
Grifols reserves the right to disqualify any Participant who infringes any of the provisions regulated in these T&Cs and/or any applicable regulation.
Grifols reserves the right to modify these T&Cs in case any irregularity is detected that might influence the objectivity and transparency of the SPIN Award.
Date of creation: August 2018