definiens: research anddevelopment funding " shalllmeanfundingreceived fromthirdparties for(1)LICENSEE 's directorindirect cost(purchase orlease)ofmaterials, equipment andfacilities usedinresearch anddevelopment ; ( 2)salaries, wages, benefits andotherrelated costsofpersonnel engaged inorsupporting theresearch anddevelopment activity ; ( 3)thecosttoLICENSEE ofservices performed byothers inconnectionwithLICENSEE 's research anddevelopment activity ; ( 4)thecosttoLICENSEE ofpaymentstothirdparties ( otherthanLICENSOR ) forpatent orotherrightsutilized inresearch anddevelopment ; ( 5)areasonable allocation ofgeneral, administrative andotherindirect andoverhead coststoresearch anddevelopment activities ; ( 6)debtorequity investments inLICENSEE and(7)research anddevelopment milestone payments paidtoLICENSEE forcompletion ofresearch anddevelopment activities associated withribozyme technology andproduct development . Determinations withrespect toresearch anddevelopment funding shallbemadeinaccordance withgenerally accepted accounting principles . Costsassociated withselling products andcostsassociated withfacilities andequipment unrelated toresearch anddevelopment activities shallnotbeincluded inLICENSOR shallbepromptly advised ofanyagreement which provides forsuchresearch funding andLICENSOR shallbefurnished withatrueandcorrect copyofanysuchagreement . LICENSOR shallhavetheright, uponpriorreasonable notice, toinspect thebooksandrecords ofLICENSEE orasublicensee, asapplicable, inaccordance withtheprovisions ofparagraph 7ofArticle VIItoverifythenature ofsuchresearch funding . Intheeventofanydisagreement between theparties withrespect totheforegoing, representatives ofLICENSORandLICENSEE orasublicensee shallmeetandseektoresolve anysuchdisagreement, asapplicable ; andiftheparties areunable toreachagreement, thenanysuchdisagreement under8thisparagraph shallbesubmitted toarbitration inaccordance withtheCommercial ArbitrationRulesoftheAmerican Arbitration Association thenineffectbeforeapanelofonearbitrator