Common use of Research Program Funding Clause in Contracts

Research Program Funding. Dainippon shall support RiboGene's costs of conducting the Research Program by making research payments as follows: Due Date Amount -------- ------ Signing of this Agreement US$2,000,000 First Anniversary of this Agreement US$2,000,000 Second Anniversary of this Agreement US$2,000,000 RiboGene shall provide Dainippon with a statement of the details of RiboGene's estimated costs of conducting the Research Program prior to the above payment by Dainippon and quarterly reports describing actual costs and expenses actually incurred at RiboGene. Any costs incurred by RiboGene during the Tail End Period for conducting research activities assigned to it by the Research Committee will be reimbursed by Dainippon. If an installment of the Research Program Funding would have become due on a date after Dainippon gives notice of termination of this Agreement pursuant to Section 11.2, then on such date Dainippon shall pay only such portion of the installment as shall apply to the remaining period of the Research Term which will occur after such date. If any amount of the Research Program Funding already paid by Dainippon hereunder is not used for the Research Program upon termination of this Agreement except for material breach by Dainippon, such unused amount shall be refunded to Dainippon.