Common use of Development Plan and Budget Clause in Contracts

Development Plan and Budget. The development plan (the "Development Plan") and the development budget (the "Development Budget") for the Development Activities relating to propofol are attached hereto as Exhibit B and Exhibit C, respectively. The Development Committee shall review the Development Plans and the Development Budgets at least monthly and shall have the right to make such modifications or updates to the Development Plans or Development Budgets that it deems appropriate. The Parties acknowledge and agree that the amounts set forth in the Development Budgets are estimates and, given the unpredictability of the Development Activities, there can be no assurances that the Development Activities can be completed within the Development Budgets, provided, however, that the Parties agree to use their Commercially Reasonable Efforts to adhere to the Development Budgets.

Development Plan and Budget. The development plan (the "Development Plan") and the development budget (the "Development Budget") for the Development Activities relating to propofol ondansetron are attached hereto as Exhibit B and Exhibit C, respectively. The Development Committee shall review the Development Plans and the Development Budgets at least monthly and shall have the right to make such modifications or updates to the Development Plans or Development Budgets that it deems appropriate. The Parties acknowledge and agree that the amounts set forth in the Development Budgets are estimates and, given the unpredictability of the Development Activities, there can be no assurances that the Development Activities can be completed within the Development Budgets, provided, however, that the Parties agree to use their Commercially Reasonable Efforts to adhere to the Development BudgetsBudgets not to exceed the amounts set forth in Exhibit C without written approval of the Development Committee.