Common use of Payment of Expenses; Development Expense Account Clause in Contracts

Payment of Expenses; Development Expense Account. Unless otherwise agreed to by the Joint Development Committee, all Development Expenses for the POI Product for Commercialization in the United States shall be incurred by Adolor, subject to reimbursement as provided for herein. Subject to each Party's relative percentage to fund Development Expenses set forth in this Section 4.6 and reconciliation as provided in Section 6.7.5 and as set forth in the preceding sentence, each Party shall be responsible to pay for all Development Expenses incurred in performing its obligations in connection with any Development activities under a U.S. Development Plan. Each Party shall charge all such expenses so incurred to a separate account created by it on its books and records solely for the purpose of tracking Development Expenses, identifying all Development Expenses by Collaboration Product being Developed.