Incurring Development Expenses Clause Samples
Incurring Development Expenses. Subject to Section 4.2(a)(i)[***]-(6), each Party shall initially bear all Development Expenses it incurs as set forth in each Product Work Plan (or as set forth in Exhibit 2.1(a)(1) prior to approval of such Product Work Plan) for each Product. Without limiting the foregoing, [***]. [***]. [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
Incurring Development Expenses. Subject to Section 4.2(a)(i)(2)-(6), each Party shall initially bear all Development Expenses it incurs as set forth in each Product Work Plan (or as set forth in Exhibit 2.1(a)(1) prior to approval of such Product Work Plan) for each Product. Without limiting the foregoing, the Party primarily responsible for managing execution, or contracting with Third Parties for the conduct, of a Development Activity under Sections 2.2 or 2.3 shall [***] owed to Third Parties for such Development Activity. Confidential Portions of this Exhibit marked as [***] have been omitted pursuant to a request for confidential treatment and have been filed separately with the Securities and Exchange Commission.