Common use of Development Expenses Clause in Contracts

Development Expenses. Within five (5) business days of the closing of the Offering and upon the receipt by Xxxxxx Corp. II of an invoice therefor, Xxxxxx Corp. II shall reimburse DURA for all development services as set forth on SCHEDULE 5.3 incurred by DURA through the date of the closing of the Offering, estimated to be ____________________________ Dollars ($____________) but which shall in no event exceed _________________________________ Dollars ($____________).

Development Expenses. Within five (5) business days of the closing of the Offering and upon the receipt by Xxxxxx Corp. II of an invoice therefor, Xxxxxx Corp. II shall reimburse DURA for all development services as set forth on SCHEDULE 5.3 incurred by DURA through the date of the closing of the Offering, estimated to be ____________________________ five million Dollars ($____________5,000,000) but which shall in no event exceed _________________________________ seven million Dollars ($____________7,000,000).