Common use of Shared Costs Clause in Contracts

Shared Costs. In consideration of the services performed by Encoding under this Agreement, Encoding and Valley will [*] the costs of creating the Song Files and Song Clips. The costs will include [*]. Encoding estimates these direct costs to total [*]. Therefore, Valley will pay Encoding a total of [*] on [*] for the non-refundable expenses for setting up the Sampling Service. The above estimates are fixed and in the event the actual costs for this service increase or decrease, Valley will [*]. [*] Confidential Treatment Request

Shared Costs. In consideration of the services performed by Encoding ------------ under this Agreement, Encoding and Valley will [*] the costs of creating the Song Files and Song Clips. The costs will include [*]. Encoding estimates these direct costs to total [*]. Therefore, Valley will pay Encoding a total of [*] on [*] for the non-refundable expenses for setting up the Sampling Service. The above estimates are fixed and in the event the actual costs for this service increase or decrease, Valley will [*]. [*] Confidential Treatment Request.