Research Cost. Janssen shall be responsible for one hundred percent (100%) of the costs and expenses incurred by Janssen in performing the Research Plans. Janssen shall reimburse Fate for Research Costs incurred by or on account of Fate in performing the Research Plans pursuant to [Section 10.2].

Janssen Research Costs. Janssen shall bear, and shall be fully and solely responsible for, all costs incurred by Janssen and its Affiliates under each Research Plan.

Fate Research Costs. As consideration for Fate’s conduct of the Research Plan activities, Janssen shall reimburse Fate for all Research Costs incurred by Fate and its Affiliates on the terms set forth in this Section. Within ​ days after the end of each ​, Fate shall submit to Janssen a report, in a format established by the Parties, of all Research Costs incurred by Fate and its Affiliates to conduct activities under each Research Plan during such Calendar Quarter (the “Research Cost Report”). Within ​ days following the receipt of the Research Cost Report, Janssen shall have the right to request reasonable additional information, including documentation of Out-of-Pocket Expenses, related to Fate’s and its Affiliates’ Research Costs during such Calendar Quarter. Janssen shall pay Fate an amount equal to the Research Costs reported in the Research Cost Report within ​ days after the end of the applicable ​; provided, however, that Research Costs incurred in performing activities under a Research Plan that exceed the total amount set forth in the applicable Research Budget in the applicable Calendar Year-to-date period shall be included in the calculation of Research Costs to be reimbursed by Janssen only to the extent such excess Research Costs do not exceed ​ of the total amount set forth in such Research Budget in the applicable Calendar Year-to-date period in accordance with such Research Budget for such Calendar Year.