Common use of Research Expenses Clause in Contracts

Research Expenses. 3.1 Company shall bear such costs and expenses (including, without limitation, University’s general administration costs) necessary for or relating to the conduct of the Research Project as set forth in Schedule A (the “Research Expenses”). 3.2 Unless otherwise agreed by the Parties, Company shall pay the Research Expenses to University within [sixty days from the date of this Agreement] or [on or before the due date set forth in the applicable invoice issued by University]. All payments by Company hereunder shall be made by wire transfer to the bank account as instructed separately by University. 3.3 In the event of early termination of this Agreement or discontinuation of the Research Project pursuant to Article 16, Company shall pay all Research Expenses which have been incurred by University up to the date of such termination or discontinuation. 3.4 All payments by Company hereunder shall be made without any withholding or deductions unless withholding is required by applicable laws. If any taxes are withheld under applicable laws, Company shall forthwith pay such additional amount as is necessary to ensure that the net amount actually received by University is equal to the amount that University would have received as if no tax had been withheld.

Research Expenses. 3.1 Company shall bear such costs and expenses (including, without limitation, University’s general administration costs) necessary for or relating to the conduct of the Research Project as set forth in Schedule A (the “Research Expenses”). 3.2 Unless otherwise agreed by the Parties, Company shall pay the Research Expenses to University within [sixty days from the date of this Agreement] or [on or before the due date set forth in the applicable invoice issued by University]] 9 . All payments by Company hereunder shall be made by wire transfer to the bank account as instructed separately by University. 3.3 In the event of early termination of this Agreement or discontinuation of the Research Project pursuant to Article 16, Company shall pay all Research Expenses which have been incurred by University up to the date of such termination or discontinuation. 3.4 All payments by Company hereunder shall be made without any withholding or deductions unless withholding is required by applicable laws. If any taxes are withheld under applicable laws, Company shall forthwith pay such additional amount as is necessary to ensure that the net amount actually received by University is equal to the amount that University would have received as if no tax had been withheld.withheld.10

Research Expenses. 3.1 Company shall bear such costs and expenses (including, without limitation, University’s general administration costs) necessary for or relating to the conduct of the Research Project as set forth in Schedule A (the “Research Expenses”). 3.2 Unless otherwise agreed by the Parties, Company shall pay the Research Expenses to University within [sixty days from the date of this Agreement] or [on or before the due date set forth in the applicable invoice issued by University]University]9. All payments by Company hereunder shall be made by wire transfer to the bank account as instructed separately by University. 3.3 In the event of early termination of this Agreement or discontinuation of the Research Project pursuant to Article 16, Company shall pay all Research Expenses which have been incurred by University up to the date of such termination or discontinuation. 3.4 All payments by Company hereunder shall be made without any withholding or deductions unless withholding is required by applicable laws. If any taxes are withheld under applicable laws, Company shall forthwith pay such additional amount as is necessary to ensure that the net amount actually received by University is equal to the amount that University would have received as if no tax had been withheld.withheld.10