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Research Report 4.1 Each Party shall bear and pay all arising cost and expense for the preparation of the Feasibility Study Report of that Party.4.2 For the Market Research Report, after the contract has been negotiated and signed with the third party consultant, Party B shall inform Party A with a written notice about any cost or expense to be paid by each party, provided that total cost and expense for the preparation of the Market Research Report shall not be exceeded a maximum amount to be agreed by the Parties prior to the performance of Phase 2. Party A shall confirm any payment with Party B, with the amount equaled to 50% of each total payment required by a third party. Before receiving the final result, Party A shall complete payment for Party B regarding the remaining expenses and costs that Party B has paid for to the third party consultant. Within 05 (five) days from the receiving date of the notice requesting for the refund of such cost and expense from the Party who paid in advance, the other Party must refund the paid amount to the requesting Party. 4.3 After the two Parties have entered the Joint Venture Agreement in Phase 3, the Parties shall agree to commit to working with each other according to Article 1.2.c. Any cost and expense that is agreed upon by both Parties and incurred during Phase 3 shall be borne jointly by the Parties according to the share structure that is finalized in the Joint Venture Agreement.
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