Common use of Funding of the Development Program Clause in Contracts

Funding of the Development Program. 3.1 Kos shall provide total funding for Phase 1 of the Development Program as set forth in Appendix B, in the amount of **************************** ****************************************************************************** ******************* of which shall be paid to Fuisz within *********** days of the Effective Date, and ******************************** of which shall be paid within ************************ following the end of Phase 1 and ****************************************** of which shall be paid within **************** following completion of the Phase 1 ******************* of Appendix B. This amount of funding may be increased by mutual agreement. This funding shall not include the cost of the ******************* which shall be funded and paid for ************. In the event Kos chooses to proceed to Phase 2 and/or Phase 3 as set forth in Appendix B, unless Fuisz determines further development is not feasible, Kos shall pay to Fuisz additional amounts commensurate with the activity involved and as mutually agreed, consistent with the cost of Phase 1 and with the level of activity, for Phase 2 and for Phase 3 payable within **************** of commencement of the phases.

Funding of the Development Program. 3.1 Kos shall provide total funding for Phase 1 of the Development Program as set forth in Appendix B, in the amount of **************************** ***********8 ***************************************************************************** ************************* of which shall be paid to Fuisz within *********** days of the Effective Date, and ******************************** of which shall be paid within ************************ days following the end of Phase 1 and ****************************************** of which shall be paid within **************** days following completion of the Phase 1 ********************* of Appendix B. This amount of funding may be increased by mutual agreement. This funding shall not include the cost of the ********************* which shall be funded and paid for *************. In the event Kos chooses to proceed to Phase 2 and/or Phase 3 as set forth in Appendix B, unless Fuisz determines further development is not feasible, Kos shall pay to Fuisz additional amounts commensurate with the activity involved and as mutually agreed, consistent with the cost of Phase 1 and with the level of activity, for Phase 2 and for Phase 3 3, payable within **************** days of commencement of the phases.