Common use of Joint Development Phase Clause in Contracts

Joint Development Phase. Whenever during the Joint Development Phase, either Party obtains consulting work from the other Party in connection with the development of the Quick-Med Antimicrobial Technology for use in the Field, each Party shall bear its own costs for its consulting time and any associated out-of-pocket expenses, unless previously agreed in writing.

Appears in 2 contracts

Sources: Joint Development and Exclusive Option Agreement (Quick Med Technologies Inc), Joint Development and Exclusive Option Agreement (Quick Med Technologies Inc)