Gentlemen's' Agreement

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The practice of Future Worlds Center is to issue a welcoming letter so called Gentlemen`s` Agreement which is often signed by both parties and it refers to a minimum monthly income without contractual bond, whereas the actual remuneration of the associates is agreed in the specific project-task contracts (Working Contract) along with the rates budgeted for the assigned task(s) in the corresponding contract with the European Commission or other funding authority .