Base Screening Fee Clause Samples

Base Screening Fee. In partial consideration for Aurora's performance of the Screening Program in accordance with Article 3, Allelix will pay to Aurora *** per Screening Program within thirty (30) days of receipt of an invoice from Aurora. Upon receipt of such payment, Aurora will proceed with testing Compounds in such Screening Program pursuant to Section 3.1. Such amount shall be ***. If such Screening Program exceeds thirty (30) days ***, provided, however, that Aurora notifies Allelix in writing of the same and Allelix consents in writing to the same. In the event Allelix does not agree to allow Aurora to continue the Screen beyond such thirty (30) day period, it shall so notify Aurora within seven (7) days of the date it receives the foregoing notice from Aurora. Allelix will be deemed to have agreed to allow Aurora to continue the Screen beyond the thirty (30) day period if it fails to provide notice to Aurora of its decision with respect thereto within the seven (7) day period. If such Screening Program is completed prior to thirty (30) days, ***. Alternatively, Allelix may request in writing to Aurora that the CC develop and approve an additional screening plan or lead optimization plan that includes the appropriate amount of FTE funding for such additional screening or characterization of Hits. Such request shall be made within seven (7) days of Aurora's above notification to Allelix.