Feasibility Activities Clause Samples

Feasibility Activities. ITEM TOTAL COST (€) (1) In case more than one feasibility batch will be needed, each feasibility batch will be charged to Gentium at the above mentioned price. (2) Face to face or telephone meetings with Gentium will be held at least once every two weeks to provide a general update on the status of the project and understand any key outstanding items. No additional costs will be charged to Gentium for these meetings or for any follow-ups. The Feasibility Activities cost is charged at 40% up front payment in the form of a purchase order from Gentium upon Patheon being awarded the project and then 20% on completion of the feasibility batch and the remaining 40% on completion and submission to Gentium of the Process Validation Report and the batch certificates of analysis. Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as ***. A complete version of this exhibit has been filed with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Act of 1934, as amended.