Common use of Development Fees for Development Product Clause in Contracts

Development Fees for Development Product. Acorda shall pay to Elan fees in respect of Elan’s activities under this Agreement at a rate of FTE plus [*****], invoiced and payable monthly. Each invoice shall identify the particular work requested by Acorda and performed by Elan under the Work Plan(s) and Further Development Plan(s), as applicable. Further, the provisions of Sections 5.1.3 (development records) and 5.1.4 (third party development costs) of the License Agreement shall apply mutatis mutandis; provided, however, that in reference to third party development costs Elan shall have the right to charge Acorda for the time spent by Elan employees in administering the work conducted by such third parties at [*****] as well as the third party development costs incurred by Elan.

Development Fees for Development Product. Acorda shall pay to Elan fees in respect of ElanXxxx’s activities under this Agreement at a rate of FTE plus [*****], invoiced and payable monthly. Each invoice shall identify the particular work requested by Acorda Xxxxxx and performed by Elan Xxxx under the Work Plan(s) and Further Development Plan(s), as applicable. Further, the provisions of Sections 5.1.3 (development records) and 5.1.4 (third party development costs) of the License Agreement shall apply mutatis mutandis; provided, however, that in reference to third party development costs Elan shall have the right to charge Acorda for the time spent by Elan Xxxx employees in administering the work conducted by such third parties at [*****] as well as the third party development costs incurred by ElanXxxx.

Development Fees for Development Product. Acorda shall pay to Elan fees in respect of Elan’s 's activities under this Agreement at a rate of FTE plus [*****], invoiced and payable monthly. Each invoice shall identify the particular work requested by Acorda and performed by Elan under the Work Plan(s) and Further Development Plan(s), as applicable. Further, the provisions of Sections 5.1.3 (development records) and 5.1.4 (third party development costs) of the License Agreement shall apply mutatis mutandis; provided, however, that in reference to third party development costs Elan shall have the right to charge Acorda for the time spent by Elan employees in administering the work conducted by such third parties at [*****] as well as the third party development costs incurred by Elan.