Fees for Selective Hiring and Block Conversion from Service Agreement
This Service Agreement (Agreement) is made as of March 1, 2005 by and between VENTIV PHARMA SERVICES, LLC, a New Jersey limited liability company (Ventiv) and CONNETICS CORPORATION, a Delaware corporation, having an office at 3160 Porter Drive, Palo Alto, California 94304 (Client). Ventiv and Client may each be referred to in this Agreement as a Party and collectively as the Parties.
Fees for Selective Hiring and Block Conversion. If Client implements either a Selective Hiring or a Block Conversion during the Term (or any Additional Term), Client shall pay to Ventiv a finders fee according to the following table: [**] In addition to the above fees, Client understands and agrees that if Client implements either a Selective Hiring or a Block Conversion, it shall pay to Ventiv the Termination Expenses described in Exhibit A.