Ref. Ares(2022)3238682 - 26/04/2022 Amendment No. 3 to the Administration Agreement between the European Commission and the International Bank for Reconstruction and Development concerning the Part II Europe 2020 Programmatic Single-Donor Trust Fund Trust Fund (No. TFO 73140) (EC Contract No. 2018.CE.16.BAT.059) 1. The European Union, represented by the EUROPEAN COMMISSION (the "Donor"), which is represented for the purposes of signing this amendment by Ms Sofia Alves, Director for Administrative Capacity Building and Programmes Implementation II, Directorate General Regional and Urban Policy (DG REGIO), of the one part, and 2. The INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (the "Bank"), represented for the purposes of the signature of this amendment by Ms. Gallina Andronova Vincelette, Regional Director, European Union on the other part, Having regard to the above-mentioned Administration Agreement signed on September 12, 2018, as amended. Whereas the Bank has requested the European Commission to amend the above- mentioned Administration Agreement for the following reasons: the need to extend the activities due to COVID-19 incurred delays and thus-revise accordingly the End Disbursement Date. The Parties agree to amend the Agreement as follows (revisions are in italics and bold): Article I The "Indicative Timeline for Delivering Outputs" of Annex 1 "Part II Europe 2020 Programmatic Single-Donor Trust Fund Description" to the Administration Agreement is modified to read as follows: Output Timeline by not later than Component A: Piloting of programs not contingent on downstream funding in the NE and NW regions Activity A.1: Carry out preparatory activities for the design of the Research Valorization and Structured Research Contract Programs * Workshops in the two 3 months from date of this Agreement regions with PROs and TTOs to present the methodologies for the Research Valorization and Structured Contract Research Programs * Inception report describing 3 months from the date of this Agreement the methodology and the way the program is customized at the regional level Activity A.2. Support regional capacity building in the NE and NW for piloting the Research Valorization Program * Report on Preliminary list 32 months from the date of this Agreement of University based R&D projects with commercialization potential a Report on Training and TA 18 months from the date of this Agreement on intellectual property rights for the selected R&D projects and hands-on assistance on business strategy, marketing, staffing and business development - RVP 1.0 final report * Handbook on the 49 months from the date of this Agreement foundational training for the technology transfer offices (TTO) * Benchmarking of TTO's 48 months from the date of this Agreement organizational model and mid-term findings * Policy note on IP landscape 31 months from the date of this Agreement analysis * Virtual Study visit in a 48 months from the date of this Agreement best-case practice EU country on research valorization Activity A.3. Support regional capacity building in the NE and NW regions for piloting the Structured Contract Research Program * Report on assessment of 19 months from the date of this Agreement alignment between the needs of the local industries/firms and the availability of research equipment and personnel at universities and PROs - SCRP mid-term program report * Workshop on developing 38 months from the date of this Agreement methods for monitoring the use of R&D lab equipment based on international best practice * Report on methodology for 44 months from the date of this Agreement monitoring use of lab equipment for economic/ non-economic purposes * Virtual Study visit in an EU 48 months from the date of this Agreement country with best case practice on SCRP Component B: Piloting of the Proof-of-Concept Program (contingent on downstream funding) in all the regions Activity B.1 Carry out preparatory activities for the design the Proof-of-Concept Program in all the Romanian regions Workshops in each 9 months from date of this Agreement participating region to present the methodology of the Proof-of- Concept Program to be piloted in the regions * Inception report describing 18 months from date of this Agreement the methodology and the way the program is customized by region Activity B.2. Support building the capacity of all regions to deploy the Proof-of- Concept Program * Training on Proof-of- 33 months from the date of this Agreement Concept support programs, matching grants programs and vouchers programs in participating regions based on international best practices * Draft manual including 19 months from the date of this Agreement feedback from consultation and governance; it includes, selection criteria, M&E, application guide * Virtual Study visit in an EU 48 months from the date of this Agreement country with best case practice on Proof-of-Concept Program * Report evaluating PoCP 49 months from the date of this Agreement initial results and alignment with the stated objectives of the programs Component C: Dissemination * Final report on progress 49 months from the date of this Agreement made by RDAs in the two years of the project * Conference to share lessons 49 months from the date of this Agreement learned from the implementation of RVP and SCRP programs, international best practices on I&E and showcase other project results Article 2 Section 6.1 of Annex 2 "Standard Provisions" to the Administration Agreement is modified to read as follows: "6.1 It is expected that the funds deposited in the Trust Fund will be fully disbursed by the Bank by November 30, 2022 (the "End Disbursement Date"). The Bank shall only disburse funds deposited in the Trust Fund for the purposes of this Administration Agreement (other than returns to Donor) after such date to the extent such date is changed in accordance with amendments made to the Administration Agreement(s) of the Donor. Following the End Disbursement Date, the Bank shall return any remaining balance of the Trust Fund to the Donor in the Holding Currency in the manner specified in its respective Administration Agreement on a pro rata basis with regard to the total funds deposited in the Trust Fund by such Donor relative to the total funds deposited in the Trust Fund by the Donor, all calculated as Holding Currency amounts." All other provisions of the Administration Agreement shall remain unchanged. The present amendment shall form an integral part of the Administration Agreement. It shall enter into force on the date on which it is signed by the last party. INTE AOR RECONSTRUCTION AND DEVELOPMENT By: Nam : Ga ma dronova V celette Title: Re Nonal ecor, E opean Union Date:0 EUROPEAN ION epresented by the EUROPEAN COMMISSION By: Name Sofia Al s Title: Director, D GIO Date: __________