Common use of Paying for Audit Clause in Contracts

Paying for Audit. Stanford will pay for any audit done under Section 9.4. But if the audit reveals an underreporting of earned royalties due Stanford of five percent (5%) or more for the period being audited, BioTrove will pay the audit costs.

Paying for Audit. Stanford will pay for any audit done under Section 9.48.4. But if the audit reveals an underreporting of earned royalties due Stanford of five percent (5%) % or more for the period being audited, BioTrove BioVest will pay the audit costs.. Printed on: 9/30/2004 at 2:45 PM Page: 4 of 4 S83-138 : BJM Exclusive Agreement 9/30/2004

Paying for Audit. Stanford will pay for any audit done under Section 9.48.4. But if the audit reveals an underreporting of earned royalties due Stanford of five percent (5%) % or more for the period being audited, BioTrove BioVest will pay the audit costs.