Development & Reimbursement. Agreement Following the execution and delivery of this LOI, the parties will negotiate and enter into a Development & Reimbursement Agreement.
Development & Reimbursement. Ultragenyx will reimburse Solid for its FTE Costs and Out-of-Pocket Costs actually incurred by Solid or its Affiliates for the Development activities conducted under Section 2.1.2 in accordance with the Solid Development Plan. Solid will provide a good faith estimate of any costs for which reimbursement is due under this Section 9.6 within [**] after each Calendar Quarter. Any payments to be made to Solid by Ultragenyx pursuant to this Section 9.6 will be made [**] pursuant to final invoices submitted by Solid to Ultragenyx within [**] following the end of the applicable Calendar Quarter for which such costs have been incurred and will not exceed any corresponding amounts set forth in the Solid Budget. Each such invoice will be accompanied by reasonable supporting documentation evidencing the expenses incurred for such Development activities (such expenses to be itemized) during such Calendar Quarter. Undisputed payments will be due within [**] following the end of the applicable Calendar Quarter.
