Internal Expenses definition

Internal Expenses means any costs for employees, overhead, or other internal handling incurred by a Party.

Internal Expenses shall have the meaning set forth in Section 2.6 hereof.

Internal Expenses means any costs for employees (to be charged at a fixed rate to be agreed by the Parties from time to time), overhead, or other internal handling incurred by a Party, which expenses are generally consistent with the U.S. Development Plan and are specifically attributable to the U.S. Development.

Examples of Internal Expenses in a sentence

• The Requisite Holders shall be entitled to request, and the Company shall be obligated to effect, (i) one Long-Form Registration in which the Company shall pay all Registration Expenses ("Company Paid Long Form Registration"), and (ii) unlimited Long-Form Registrations in which the holders of Registrable Securities shall pay the Registration Expenses other than the Internal Expenses (as defined in Section 5 hereof).

• Any such referral shall include a sufficiently detailed description of the proposed Development activities, the associated Internal Expenses, and, where possible, the costs and expenses to be paid to Third Party contractors if the same Development activities were contracted out to them.

• The Parties understand and agree that Internal Expenses shall not be shared, subject to Section 3.4(a)(iv).

• In connection with the U.S. Development, either Party may refer to the Finance Subcommittee to provide certain specified Development activities using internal resources and to include such Internal Expenses as the Development Expenses to be shared hereunder.

• Notwithstanding anything herein to the contrary, in no event shall the provision by Reliance of any personnel, supplies, equipment, materials or services constituting Reliance Internal Expenses be considered a contractual obligation of Reliance, unless such provision is set forth in a mutually agreed Purchase Order.

More Definitions of Internal Expenses

Internal Expenses shall have the meaning assigned thereto in Section 7 of this Agreement;

Internal Expenses has the meaning set forth in Section 6 of Schedule 6.4.

Internal Expenses means base salary plus a factor for current period reasonable and customary employee benefits and payroll taxes for the relevant employees. As pertains to the sales force and sales force management, internal expenses include expenses related to salaries, commissions, current period reasonable and customary employee benefits and payroll taxes, sales incentive payments, sales training expenses, and travel expense.

Internal Expenses shall bear the meaning assigned to such term in Section 4.14.1 below.

Internal Expenses is defined in Section 5.6 of this Agreement.

Internal Expenses means all expenses associated with an FTE; provided that the same person hours shall not be attributed to more than one FTE, and provided further that the rate per FTE (a) shall include, but shall not be limited to, direct labor (including fringe benefits), [*], (b) [*], and (c) [*]. The Parties agree that the rate per FTE shall be [*]. The rate per FTE shall be [*]. The FTE rates and any applicable [*] shall be referred to as the “FTE Fees.”

Internal Expenses means all expenses associated with an FTE. The rate per FTE shall include, but shall not be limited to, direct labor (including fringe benefits), [ * ] . The Parties agree that for a [ * ] following the execution of this Agreement, the rate per FTE shall be [ * ] for each Party. Commencing upon the [ * ] of the Effective Date and upon [ * ] thereafter, the rate per FTE shall be increased by the percentage increase, if any, in the [ * ] , All Items, as published by the [ * ] , for the [ * ] prior to such anniversary date for which data is available. The initial FTE rate and any applicable annual increases shall be referred to as the “FTE Fees.” “IP and Trademark Costs” means all costs relating to Joint Collaboration Invention Patents and Collaboration Product Trademarks. “Joint Collaboration Invention Know-How” means any and all technical information, processes, formulae, data, inventions, methods, know-how and trade secrets relating to the jointly owned Collaboration Inventions. “Joint Collaboration Invention Patents” means all Patents that claim jointly owned Collaboration Inventions. “Joint Collaboration Technology” means the Joint Collaboration Invention Know-How and the Joint Collaboration Invention Patents. “Joint Know-How” means the Joint Program Invention Know-How and the Joint Collaboration Invention Know-How. “Joint Patents” means the Joint Program Invention Patents and the Joint Collaboration Invention Patents. “Joint Program Invention Know-How” means any and all technical information, processes, formulae, data, inventions, methods, know-how and trade secrets relating to the jointly owned Program Inventions. “Joint Program Invention Patents” has the meaning set forth in Section 15.10.1. “Joint Steering Committee” has the meaning set forth in Section 4.3.1. “Lead Regulatory Party” has the meaning set forth in Section 7.1. -12-