Common use of Materials Fees Clause in Contracts

Materials Fees. The Materials Fee to be paid by Connetics to DPT shall be listed in SCHEDULE C within ninety (90) days of commencement of manufacturing of the initial commercial products of the applicable Product. The Materials Fee will be adjusted once annually at the beginning of each calendar year and SCHEDULE C shall be amended accordingly based on changes in DPT's standard costs for materials. In the event, however, the cost of a material increases or decreases during any Market Year greater than ten percent (10%), DPT may promptly upon the effective date of such increase or decrease adjust its invoice price for said material to Connetics to compensate for the increase or decrease.

Materials Fees. The Materials Fee to be paid by Connetics to DPT shall be listed in SCHEDULE C within ninety (90) days of commencement of manufacturing of the initial commercial products of the applicable Product. The Materials Fee will be adjusted once annually at the beginning of each calendar year and SCHEDULE C shall be amended accordingly based on changes in DPT's standard costs for materials. In the event, however, the cost of a material increases or decreases during any Market Year calendar year greater than ten percent (10%), DPT may promptly upon the effective date of such increase or decrease adjust its invoice price for said material to Connetics to compensate for the increase or decrease.

Materials Fees. The Materials Fee to be paid by Connetics COMPANY to DPT shall be listed in SCHEDULE C Schedule A within ninety (90) days of commencement of manufacturing of the initial commercial products of the applicable Product. The Materials Fee will be adjusted once annually at the beginning of each calendar year and SCHEDULE C Schedule A shall be amended accordingly based on changes in DPT's ’s standard costs for materials. In the event, however, the cost of a material increases or decreases during any Market Year greater than ten percent (10%)***, DPT may promptly upon the effective date of such increase or decrease adjust its invoice price for said material to Connetics COMPANY to compensate for the increase or decrease.