Research Costs. [***]. Sanofi will reimburse Kymera for [***] actually incurred by Kymera or its Affiliates for the Research activities conducted under Section 2.4.2 with respect [***]. Any payments to be made to Kymera by Sanofi pursuant to this Section 11.6.1 will be made [***] pursuant to invoices submitted by Kymera to Sanofi within [***]; provided that Kymera will provide a good faith estimate of any costs for which reimbursement is due under this Section 11.6.1 within [***]. Each such invoice will be accompanied by reasonable supporting documentation evidencing the expenses incurred for CONFIDENTIAL such Research activities (such expenses to be itemized) [***]. Undisputed payments will be due within [***] after Sanofi receives such an invoice from Kymera.
Research Costs. SPONSOR will pay to UNIVERSITY the direct and the facilities and administration (“F&A”) costs (collectively “Research Costs”) that UNIVERSITY incurs in performing the Research. Neither UNIVERSITY nor SPONSOR is obligated to expend or pay, respectively, any funds in excess of the Research Costs for the Research. The F&A cost rate will remain in effect during the Term as described in Article 3.1.
Research Costs. Vertex will reimburse CRISPR for Research Costs incurred by CRISPR in accordance with Section 7.4. All costs incurred by Vertex in connection with Vertex Activities will be borne solely by Vertex.
Research Costs. During the Research Term, Surface will be responsible for [***] of all costs and expenses incurred by or on behalf of Surface in connection with the T1 Research Program. During and after the expiration of the Research Term for the T1 Research Program, each Party will be responsible for [***] of all costs and expenses incurred by or on behalf of such Party or its Related Parties in connection with Research of T1 Antibody Candidates.
Research Costs. During the Research Term, each Party shall perform, at its expense, those activities to be undertaken by such Party as set forth in the Research Plan.
Research Costs. 7.4.1 As soon as practicable, but in any event within [***] after the end of each [***], CRISPR will provide Vertex with a flash report estimating reimbursable Research Cost, if any, incurred by it and its Affiliates during the just-ended [***].
Research Costs. During the Research Term, Surface will be responsible for [***] of all costs and expenses incurred by or on behalf of Surface in connection with the Option Target Research Programs. CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT WERE OMITTED AND REPLACED WITH “[***]”. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO AN APPLICATION REQUESTING CONFIDENTIAL TREATMENT PURSUANT TO RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED.
Research Costs. Research Costs will include the following direct costs to the extent they are ordinary and necessary to conduct approved Research Program(s) (including such costs incurred by a Party in connection with an approved Research Program prior to approval by the Joint Steering Committee): Direct salary or wages Payroll taxes Fringe benefits Travel Direct supplies and direct materials Regulatory filings costs Costs for outside services contracted with third parties External costs for consultants and special studies. It is the intent of the Parties that Research Costs will include only overhead costs that are ordinary and necessary for research related to approved Research Programs. Overhead costs will charged by each Party to Research Costs based on allowable cost items and an allocation method to be determined and approved by the Joint Steering Committee. Research Costs for any annual period will not exceed those budgeted in the approved Annual Research Plan, unless approved by the Joint Steering Committee. Sales and Marketing Costs Direct Sales Costs include ordinary and necessary: salaries, bonus, other incentive compensation, payroll taxes, fringe benefits, supplies, telephone, postage, automobile lease, insurance, automobile travel costs, airfare, meals, hotels, tips, entertainment, conventions, employee recruiting, training, and product samples. Allowable Indirect Sales Costs, including the costs associated with selling activities combined with other non-licensed product lines, will be allocated on a percentage of Net Sales to total Net Sales basis. Such costs include: salaries, payroll taxes, fringe benefits, national accounts sales, customer service, order entry, customer invoicing, invoice collections, outside services, sales training, depreciation, and distribution costs to the extent they are ordinary and necessary for the sale of the Licensed Products. Direct Marketing Costs include ordinary and necessary: salaries, bonus, payroll taxes, fringe benefits, supplies, telephone, software, hardware, postage, travel, meals, entertainment, training, employee recruiting, consulting, market research, conventions, product samples, journal advertising, promotions, premiums, educational material, brochures, sales aids, direct mail, and seminars. Allowable Indirect Marketing Costs will be allocated on a percentage of Net Sales to total Net Sales basis. Such costs include: marketing administration salaries, bonus, payroll taxes, fringe benefits, reimbursement servic...
Research Costs. During the second year of the Research Term, and upon completion of the “analysis of sera (J&J and ACI) on functionality” as identified on part 1 of the Research Plan in Schedule 1.66, ACI will provide Xxxxxxx with a written invoice for [*****]. During the Research Term, ACI will provide Xxxxxxx with a report at the end of each Calendar Quarter providing an accounting of the Research activities conducted by ACI during the previous Calendar Quarter and the costs for conducting those Research activities. If ACI fails to perform a Research activity assigned to it under the then current Research Plan, then [*****]
Research Costs. During the Research Term, Roche shall fund the work to be performed at Pieris for the Research Plan at the FTE Rate as specified in the Agreement. Roche shall pay to Pieris such work to be performed during the Research Term, [***], within [***] after receiving a corresponding invoice from Pieris, corresponding to the [***] for such [***] according to the Research Plan (as it may be amended from time to time through the JRC). Within thirty (30) days after the end of each Calendar Quarter during the Research Term, Pieris shall provide to Roche a document specifying [***] and [***] incurred by Pieris during such Calendar Quarter. Any overpayment from Roche shall be credited to the invoice for the next quarter. Any underpayment from Roche shall be added to the invoice for the next quarter.
