
| 10 S1651-CYC Confidential Table 5: Estimated Price of CTO Description of Activities Estimated Price (USD)* 1. Routine testing (sterility, residual DNA, particulates, etc.) $30,000 2. UPB two lots $60,000 3. Raw material testing two lots $50,000 4. EPC Testing one lot $120,000 Estimated Total Price of Consumables ~$260,000 *Notes on Pricing • Price of consumables and supplies (TFF holders, reagents, HPLC and HIC columns, vials, filters, etc.) are estimated pass-through pricing, and will be billed separately from GBI’s services, plus a handling fee of 15% for ordering and receiving activities. Consumables in excess of $5,000 will be billed at the time of purchase order generation. Upon receipt of the vendor invoice, miscellaneous out-of-pocket charges, such as state taxes and freight, will be billed at the invoice amount. All other consumables (less than $5,000) will be combined and billed monthly. • Upfront Price: GBI may invoice Client, and Client shall pay, all Upfront Pricing contemplated by or associated with this SOW prior to GBI’s issuance of any purchase order(s) to third parties for the procurement thereof. • Handling fees are 18% for activities outsourced to contract service providers (e.g., CTOs), and are intended to cover the price of ordering the tests, reviewing reports, data, and other communications with the contract service provider. • Monthly project management pricing will apply for the duration of the active project, which is defined to be from the initiation of Task A through the completion of E. • Additional charges will be incurred for additional tasks that are required beyond the agreed upon project scope. Any additional work required will be confirmed by Cytonics prior to the initiation of the task. • There will be separate charges associated with shipping, including the price of packaging and materials, courier charges, insurance (if applicable). ƒ The pricing of packaging and materials outlined in Appendix A will apply to all shipments throughout the Project. ƒ For all shipments of samples, an additional GBI handling fee of $500 per shipment will apply for non-GMP shipments and $1,500 for each GMP shipment. Cytonics agrees to pay GBI the above payments by check or wire transfer within ten (10) days of the respective invoice date. Payments by check should be sent to: Goodwin Biotechnology, Inc. |