Common use of Program Cost Clause in Contracts

Program Cost. The parties have defined the costs that are to be incurred during the execution of this CTM Program, such costs are set forth in Exhibit 1 and 9 hereof. Such costs ("Cost") have been estimated based on anticipated manpower and overhead requirements for the tasks set forth in Exhibit 1 and 9 of this Agreement and the anticipated cost of Chemicals and Materials, but excluding the cost of polymer, phospholipid and perfluorocarbon raw materials, all of which shall be procured by Client and provided by Client to Hollister-Stier at Client's sole expense. Client shall pay or reimbu▇▇▇ ▇▇▇▇▇▇▇▇▇-▇tier for the costs described in Exhibit 1 and 9 in the am▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇ in Section 2 of Exhibit 9 hereto and in accordance with the procedures set forth in Exhibit 9 and Section 2.4 below. In addition, Client shall, for such expenses and costs that are expressly authorized in writing in advance by Client, separately pay Hollister-Stier, on an as-costs-are-incurred basis in accordance wit▇ ▇▇▇▇▇▇▇ ▇.▇, (i) for all reasonable and necessary travel and lodging expenses incurred in the performance of this Agreement which have been requested or approved by Client, (ii) for Hollister-Stier's cost of auditing any supplier of Chemicals or Mate▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ly on Hollister-Stier's list of approved suppliers, and (iii) Hollister-St▇▇▇'▇ ▇▇▇▇ ▇▇▇ ▇▇y specialized equipment or tooling asso▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ment changes required at the Facility to manufacture the Product. In the event Client and Hollister-Stier agree that additional manufacturing activities are n▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇plete the CTM Program, the Cost shall be negotiated in good faith by the Parties.