Internal Development Expenses Sample Clauses
Internal Development Expenses. Once the Parties have each been fully reimbursed for the Fully Absorbed Cost of Goods, External Sales & Marketing Expenses, Internal Sales & Marketing Expenses and External Development Expenses, Net Revenue next will be allocated between the parties to compensate them for Internal Development Expenses incurred by the Parties in such calendar year.
Internal Development Expenses. Each Party will be responsible for their own Internal Development Expenses with respect to development of the Product in any calendar year in which Net Profit is not achieved. In any calendar year in which Net Profit is achieved, the Parties’ Internal Development Expenses will be included as Program Costs.