Base Technologies definition
Base Technologies means technologies, techniques and formulations for the administration of an active agent to a mammal: (i) in formulations of the active agent with one or more substantially inert ingredients, including, without limitation, tonicity modifiers and bulking agents; or (ii) with or through devices or mechanical targeting systems or mechanical delivery systems (other than Elan's MEDIPAD(R) Drug Delivery System or devices utilizing autoinjector technology);
Base Technologies means technologies, techniques and formulations for the administration of an active agent to a mammal: (i) in formulations of the active agent with one or more substantially inert ingredients, including, without limitation, tonicity modifiers and bulking agents; or (ii) with or through devices or mechanical targeting systems or mechanical delivery systems (other than Elan's MEDIPAD(R) Drug Delivery System or devices utilizing autoinjector technology). [*] [*] Confidential Treatment Requested Exhibit C Targeted's Actual Development Costs Targeted's Actual Development Costs with respect to a project are comprised of three separate cost components: Fully-Burdened Labor Cost, Direct Project Costs, and Internal Service Costs. The basis for determination of these components is described below. Fully-Burdened Labor Cost is calculated by extending the number of FTEs ------------------------- charged to a particular project by the FTE Rate. The FTE Rate results from Targeted's cost accounting system, which generally pools and allocates costs in the following manner. . Direct labor is pooled for each of several functional groups (research and ------------ development, manufacturing, and clinical/regulatory/quality assurance), and is allocated to projects based on employee timecards. Direct labor charges include salaries and related payroll taxes. . Each functional group has an indirect cost pool associated with it. These costs include the following and are allocated to projects based on direct labor: . Employee benefits include medical, dental and insurance benefits, ----------------- bonuses, 401(k) expenses, transit and parking, company-wide training and employee assistance. . Indirect lab supplies are general use supplies that are low dollar --------------------- amount or not applicable to individual projects. . Department operations costs include temporary help, office supplies, --------------------------- miscellaneous purchases, non-project travel, seminars and recruiting.