Common use of Direct Labor and Benefits Clause in Contracts

Direct Labor and Benefits. Includes that portion of wages and related payroll taxes and employment benefits spent in the actual production of Licensed Product. It is that portion of basic wages, taxes and benefits, which can be identified with or charged to Licensed Product.

Appears in 3 contracts

Samples: Development License and Option Agreement (Receptos, Inc.), Development License and Option Agreement (Receptos, Inc.), Development License and Option Agreement (Receptos, Inc.)

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Direct Labor and Benefits. Includes that portion of wages labor and related payroll taxes and employment benefits spent in the actual production of Licensed the Product. It is that portion of basic wages, taxes and benefits, benefits which can be identified with or charged to Licensed Producta specific product.

Appears in 2 contracts

Samples: Development and Commercialization Agreement (Durect Corp), Development and Commercialization Agreement (Durect Corp)

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