1. POWER INTERREGIONAL PROGRAMME Lead Partner Information Days Overview of legal requirements

2. Legal Framework. Grant Agreement between sub-project Lead partner and POWER (in English, under English Law ) Partnership Agreements between project partners Grant Letter between sub-project partners and their corresponding regional authority LEGAL FRAMEWORK

3. Grant Agreement: Process 1.Consultation at Lead Partner Days 2.Discussion with Project Partners regarding conditions 3.Written response by Lead Partner on Conditions for Approval document 4.Conditions resolved 5.New application form submitted to the POWER Secretariat (if applicable new Co-financing statement) 6.Application form approved and changes incorporated into the Grant Agreement 7.Grant Agreement to Lead Partner 8.Grant Agreement between SEEDA and Lead Partner signed 9.Grant Letter between subproject and region 10.Send copy of your Partnership Agreement to the Secretariat 28/29.04.2010 17.05.2010 24.05.2010 11.06.2010

4. The Grant Agreement Based on SEEDAs Grant Agreement Clauses conform with the POWER Handbook Incorporates UK and EU legislation Application form is included in Schedule 1 Tables for project expenditure by partner and by five categories (Staff costs; Admin, Travel & accommodation; External expertise & services; Equipment) Expenditure tables with match and total funding; Flexibility rule of EUR 20 000 or 10 % applies Output and results tables

5. Grant Agreement: Table of Contents Section 1: Definitions and Interpretation Section 2: The Grant – ERDF Grant Section 3: Claims for Payment Section 4: Reporting, Reviews, Records and Audit Section 5: The Project Section 6: State Aid Section 7: Ownership and Exploitation of IP Rights Section 8: Warranties and Liability Section 9: Freedom of Information, Publicity and Acknowledgement Section 10: Data Protection Section 11: Sanctions and Termination Section 12: General

6. Grant Agreement: Schedules Schedule 1: The Application form Schedule 2: Project Partners Schedule 3: Outcomes and Results Schedule 4: The Budget Schedule 5: Claim and payments schedule

7. Any questions ?