Common use of Research and Development Expenditure Clause in Contracts

Research and Development Expenditure. Licensee agrees to spend an amount not less than the amount set forth on Schedule 3 for the periods indicated on such Schedule in performing research and development with respect to the Technology.

Research and Development Expenditure. Licensee agrees to spend an amount not less than the amount amounts set forth on Schedule 3 for the periods indicated on such Schedule in performing research and development with respect to the Technology.