Common use of Transitional Activities Clause in Contracts

Transitional Activities. During the Transition Period, in ----------------------- addition to the manufacture and shipping obligations of Seller under the Supply Agreement, Seller also shall perform the Transitional Activities on behalf of Purchaser. On a quarterly basis during the Transition Period, Seller shall reconcile the net amount owed Purchaser from the sale of Products to third parties. Such reconciliation shall be performed in a manner consistent with the reconciliation example set forth in Exhibit L. Seller shall pay Purchaser all amounts due according to such reconciliation not later than thirty (30) days after the end of the quarter for which such reconciliation was performed. Such payment shall be made by wire transfer to the First Security Bank of Utah, or such other bank as Anesta shall specify from time to time. Concurrent with such wire transfer, Seller shall transmit to Purchaser a report summarizing the calculations performed pursuant to the reconciliation. The parties shall cooperate to effect the orderly transition of the Transitional Activities from Seller to Purchaser.