Gentlemen's' Agreement

The practice of Future Worlds Center is to issue a welcoming letter so called Gentlemen`s` Agreement which is often signed by both parties, as opposed to specific project-task contracts signed at a later stage. This document refers to minimum monthly income without contractual bond , whereas the actual remuneration of the associates is derived by reference to the specific project-task contracts (Employee/Service Agreement) along with the rates budgeted for the assigned task(s) in the corresponding contract with the European Commission or other funding authority .