R&D Services Fee definition
Examples of R&D Services Fee in a sentence
The Parties will periodically review the R&D Services Fee paid in relation to the actual R&D Costs and shall make any appropriate adjustments to the R&D Services Fee and profits earned to comply with the terms of this Section 3.3. Additional payments, a refund, or a credit against future payments may be made in a subsequent period or periods, if necessary, to ensure consistency and compliance with the arm’s length principles.
Provider shall invoice Recipient the R&D Services Fee at each month end.
The R&D Services Fee with respect to each month shall be equal to (i) R&D Costs, plus (ii) an Arm’s Length Profit Percentage applied to the R&D Costs, plus (iii) Reimbursable Costs, minus (iv) the R&D Services Fee Offsets, in each case, for such month.
Should the relevant tax authorities determine that the R&D Services Fee does not represent an arm’s length compensation, both Parties will work with such tax authorities to adjust the compensation in accordance with arm’s-length principles acceptable by each Party’s respective tax [*]Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission.