Project Plan Budgets For Clause Samples

Project Plan Budgets For so long as any of CS4, CS5 Or CS6 are being conducted by the Parties, the Operating Committee will develop and the Parties will agree to a project plan budget (the “Project Plan Budget”) for each new Calendar Year by December 1 of the preceding year, which will include all anticipated clinical, non-clinical and Product manufacturing costs related to ▇▇▇, ▇▇-▇ and CS6, as applicable. The Project Plan Budget for 2004 has been agreed to by the Parties and is appended hereto as Schedule 1. Each new Project Plan Budget for subsequent years will also be appended to Schedule 1 upon approval of same by each of the Parties, at which time it will be deemed to be the Project Plan Budget for the purposes hereof.