Costs of Joint Development Sample Clauses

Costs of Joint Development. All Development Costs incurred or expended by a Party hereunder in conducting the joint development work on a Product hereunder allocated to it under the applicable Development Plan shall initially be borne by the Party incurring such costs and expenses, subject to reimbursement as provided herein. Each Party shall calculate and maintain records of all the Development Costs incurred or expended by the Party during its performance of development on a Product, in accordance with generally accepted accounting procedures consistently applied throughout such Party's organization and such other procedures to be agreed upon between the Parties. Each Party shall report quarterly to the other on the Development Costs it has incurred in each calendar quarter, on a Product-by-Product basis, and the purpose (referencing the activities within the applicable Development Plan) for which such costs were incurred or expended, with such reports to be submitted within sixty (60) days after the end of each of the first three (3) calendar quarters and ninety (90) days after the end of the calendar year. The Parties shall seek to resolve promptly and in good faith any questions or issues related to such accounting statements, and in any event within ninety (90) days following receipt. [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.
Sample 1
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Costs of Joint Development. (a) Development Costs incurred by the Parties from July 1, 2003 through December 31, 2005, shall be borne [**]% by OBI and [**]% by Millennium. Development Costs incurred during the Term by the Parties after December 31, 2005 shall be borne [**]% by OBI and [**]% by Millennium. Notwithstanding the foregoing provisions of this Section 4.5(a): (i) Development Costs solely relating to the Product in Asia shall be borne [**]% by OBI, PROVIDED, HOWEVER, if the data from any clinical studies related to the Product in Asia are used in a substantive manner to obtain Regulatory Approval in the United States and such Regulatory Approval is obtained, the Development Costs related to such clinical studies shall be shared in accordance with the provisions of the first sentence of this Section 4.5(a); (ii) OBI shall bear [**]% of all (A) filing fees for Regulatory Approvals in the Field payable to Regulatory Authorities in the License Territory, (B) maintenance fees relating to Regulatory Approvals in the Field payable to Regulatory Authorities in the License Territory, (C) all related costs of Millennium and OBI's personnel, consultants and agents engaged in the filing and maintenance of Regulatory Approvals in the EU for the First Indication, including without limitation all such fees and costs relating to the EU Regulatory Approval Transfer and (D) filing and maintenance fees relating to pricing and reimbursement approvals in the License Territory; and (iii) Notwithstanding the provisions of Section 4.5, OBI shall reimburse Millennium for the applicable percentage set forth in Section 4.5(a) of Development Costs incurred by the Parties in connection with the Development activities under the Development Plan with respect to all breast cancer and colorectal cancer indications up to the initial [**] of such Development Costs. Millennium shall be responsible for Development Costs incurred by the Parties in excess of such amounts (such excess referred to as "Excess Development Costs"); PROVIDED, HOWEVER, (i) in the event that the Clinical Development Criteria set forth in the Development Plan are satisfied with respect to either such indication, then OBI shall pay Millennium the applicable percentage set forth in Section 4.5(a) of the Excess Development Costs allocable to such indication and all milestone payments due hereunder with respect to such indication, and (ii) in the event that the Clinical Development Criteria set forth in the Development Plan are not satisfied ...
Sample 1
Costs of Joint Development 
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Related to Costs of Joint Development

  • Joint Development If joint development is involved, the Recipient agrees to follow the latest edition of FTA Circular 7050.1, “Federal Transit Administration Guidance on Joint Development.”

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

  • Project Development a. Collaborate with COUNTY and project clients to identify requirements and develop a project Scope Statement. a. Develop a Work Breakdown Structure (WBS) for each project. b. Evaluate Scope Statement to develop a preliminary cost estimate and determinate whether project be vendor bid or be executed under a Job Order Contract (JOC).

  • Independent Development Receiving Party may currently or in the future be developing information internally, or receiving information internally, or receiving information from other parties that may be similar to the Disclosing Party's Confidential Information. Accordingly, nothing in this Agreement will be construed as a representation or inference that Receiving Party will not develop or have developed products or services, that, without violation of this Agreement, might compete with the products or systems contemplated by the Disclosing Party's Confidential Information.

  • Assignment of Developments (i) Executive acknowledges and agrees that all developments, including, without limitation, the creation of new products, devices, inventions, discoveries, concepts, ideas, improvements, patents, trademarks, trade names, trade dress, service marks, copyrights, domain names, trade secrets, designs, works, reports, computer software or systems, flow charts, diagrams, procedures, data, documentation, and writings and applications thereof, including all results and proceeds of the foregoing, relating to the Business or future business of the Company that Executive, alone or jointly with others, has discovered, suggested, conceived, created, made, developed, reduced to practice, or acquired during Executive’s employment with or as a result of Executive’s employment with the Company (collectively, “Developments”) are being prepared by Executive as an employee of the Company within the scope of Executive’s employment and shall be considered as “works made for hire” and shall remain the sole and exclusive property of the Company, free of any reserved or other rights of any kind on Executive’s part. If and to the extent the fact that the Developments are works made for hire is not effective to place ownership of the Developments and all rights therein to the Company, then Executive hereby solely, exclusively and irrevocably assigns and transfers to the Company any and all of his right, title and interest in and to the Developments. Executive agrees to disclose to the Company promptly and fully all future Developments and, at any time upon request and at the expense of the Company, to execute, acknowledge and deliver to the Company all instruments that the Company shall prepare and to take any and all other actions that are necessary or desirable, in the reasonable opinion of the Company, to evidence or effectuate all or any of the Company’s rights hereunder, including executing and delivering patent, trademark or copyright applications and instruments of assignment to the Company and enabling the Company to file instruments of assignment for, to file and prosecute applications for, and to acquire, maintain, and enforce, all patents, trademarks or copyrights covering the Developments in all countries in which the same are deemed necessary by the Company. All data, memoranda, notes, lists, drawings, records, files, investor and client/customer lists, supplier lists, and other documentation (and all copies thereof) made or compiled by Executive or made available to Executive concerning the Developments or otherwise concerning the past, present, or planned business of the Company are the property of the Company, and shall be delivered to the Company immediately upon the termination of Executive’s employment with the Company. (ii) If any patent, trademark or copyright application is filed by Executive or on Executive’s behalf during Executive’s employment with the Company or within one (1) year after Executive’s leaving the Company’s employ, describing a Development within the scope of Executive’s work for the Company or which otherwise relates to a portion of the business of the Company, of which the Executive had knowledge during Executive’s employment with the Company, it is to be conclusively presumed that the Development was conceived by Executive during the period of such employment.

  • Curriculum Development This includes the analysis and coordination of textual materials; constant review of current literature in the field, some of which are selected for the college library collection, the preparation of selective, descriptive materials such as outlines and syllabi; conferring with other faculty and administration on curricular problems; and, the attendance and participation in inter and intra-college conferences and advisory committees.

  • Training and Professional Development 11.1 The Employer will develop and maintain an employee training and development plan and provide such plan to the Union upon request. Staff training is intended to provide an opportunity for classified staff employees for training sponsored by the University Training and Development and the UW Medical Centers Organizational Development and Training. Education/Professional Leave is intended to facilitate employee access to continuing education opportunities. Training and educational/professional leave may be used for the purpose of improving job performance, maintaining and increasing proficiency, preparing staff for greater responsibility, or increasing promotional opportunities within the framework of staff positions available at the University. 11.2 Any release time for training for employees accepted for such classes shall be in accordance with the Executive Order (currently No. 52) governing this matter. In the event that two or more employees request the same training period and supervision must limit the number of persons who may participate at one time due to work requirements, the selection will be made on a mutually agreeable basis within the department. 11.3 The training program is a proper subject for discussion by either departmental or University-wide Joint Union/Management Committees. 11.4 If the Employer requires an employee to receive training, reimbursement will be provided in accordance with the University travel rules. Employee attendance at Employer required training, either during or outside working hours, will be considered time worked and compensated in accordance with the provisions of this Agreement. 11.5 Employee attendance at training not required by the Employer and not covered by Executive Order 52, either on approved leave from or outside of working hours, will be voluntary and not considered time worked.

  • Staff Development ‌ The County and the Association agree that the County retains full authority to determine training needs, resources that can be made available, and the method of payment for training authorized by the County. Nothing in this subsection shall preclude the right of an employee to request specific training.

  • Program Development NWESD agrees that priority in the development of new applications services by XXXXX shall be in accordance with the expressed direction of the XXXXX Board of Directors operating under their bylaws.

  • Development Within twenty (20) Working Days after the Commencement Date and in accordance with paragraphs 3.10 to 3.12 (Amendment and Revision), the Contractor will prepare and deliver to the Authority for approval the full and final Security Plan which will be based on the draft Security Plan set out in Appendix B.

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