development services agreement

ppd and sponsor shall execute a project addendum evidencing the services to be provided by ppd. notwithstanding anything to the contrary herein, in the event ppd and sponsor agree upon a serious adverse event and medical management plan relating to a specific project (“smmp”), the parties shall comply with the terms and conditions of any such smmp. if sponsor fails to notify ppd of a dispute within such thirty (30) day period, all such disputes shall be deemed waived and sponsor shall pay the invoice in full. upon termination of any project addendum or this agreement pursuant to section 8, sponsor shall pay ppd all direct fees and pass through costs for all services, and any portion of services, performed through the termination date. any funds held by ppd which are unearned at the date of termination shall be returned to sponsor within thirty (30) days after the termination date of the project addendum or this agreement, whichever is applicable. upon the termination of this agreement or a project addendum, ppd shall cooperate with sponsor to provide for an orderly wind-down of the services provided by ppd hereunder. sponsor considers all such materials and information supplied to ppd by sponsor, or generated by ppd under this agreement to be confidential information of sponsor (“sponsor confidential information”).

ppd agrees that any sponsor inventions which are works of authorship subject to copyright shall be “works made for hire” of which sponsor shall be deemed the author and owner of the rights comprised in copyright. sponsor shall enforce the terms of any such sublicense as agreed upon by the ppd and sponsor or as otherwise reasonably necessary to limit the use of the ppd property as stated herein and/or to protect ppd’s interest in the ppd property. all direct fees owed to ppd for services performed under this agreement or any project addendum shall be invoiced to and paid by sponsor in the “contract currency”, which shall be defined as united states dollars (“usd”) unless otherwise agreed upon by the parties. for sponsor invoicing and payment purposes, ppd shall convert all investigator fees that are to be paid in a currency other than the contract currency to the contract currency. no waiver by any party hereto of any term or condition of this agreement or a project addendum, in any one or more instances, shall be deemed to be or construed as a waiver of the same or any other term or condition of this agreement or such project addendum on any future occasion. “ppd affiliates” shall mean entities which can provide the services and which controls, is controlled by or is under common control with ppd or ppd’s parent company pharmaceutical product development, inc. in the event the services shall be performed by a ppd affiliate, such ppd affiliate may be the contracting party to any project addendum for the services. post a project in contractscounsel’s marketplace to get free bids from lawyers to draft, review, or negotiate development services agreements. “contractscounsel suited my needs perfectly, and i really appreciate the work to get me a price that worked with my budget and the scope of work.”

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