Accounting and Payment. 5.1 Royalties shall be payable yearly in arrears sixty (60) days after the end of the last day of each calendar year during the term of this Agreement with the last such payment to be made within (60) days after the end of the last day of the calendar year during which this Agreement expires or terminates.
Appears in 3 contracts
Samples: HTM Contract Research Agreement, Contract Research Agreement (Cambridge Display Technology, Inc.), Contract Research Agreement (Cambridge Display Technology, Inc.)
Accounting and Payment. 5.1 12.1 Royalties shall be payable yearly in arrears sixty (60) days after the end of the last day of each calendar year during the term of this Agreement with the last such payment to be made within (60) days after the end of the last day of the calendar year during in which this Agreement expires or terminatesroyalties accrue.
Appears in 2 contracts
Samples: Patent And (Cambridge Display Technology, Inc.), Patent And (Cambridge Display Technology, Inc.)