Global Supply Plan Sample Clauses
Global Supply Plan. At King’s discretion and as King shall require, on a country-by-country or Territory-wide basis, King will notify Durect of King’s needs for Finished Excipients for the purposes of Exploiting the Products in the Territory other than the U.S. and E.U. (“Global Supply Plan”). Based upon King’s Global Supply Plan, Durect will propose in writing for King’s consideration and approval the additional activities and Costs that Durect will incur in relation to regulatory filings and related activities to so supply King in accordance with the Global Supply Plan. Upon King’s written approval of such additional activities and Costs incurred by Durect, Durect will undertake the necessary activities to supply King with Finished Excipients in accordance with the Global Supply Plan. All such Finished Excipients so supplied shall be deemed to be Finished Excipients hereunder and subject to the terms and conditions of this Agreement. For the avoidance of doubt, the Purchase Price for all Finished Excipients supplied by Durect to King as a result of a Global Supply Plan shall be the Purchase Price for Finished Excipients hereunder, as calculated in accordance with Exhibit D hereto.
