Common use of Collaborative agreement Clause in Contracts

Collaborative agreement. The Company and the Investor shall have executed and delivered that certain Collaborative Development and Licensing Agreement of even date (the "Collaborative Development and Licensing Agreement") and made payment to the Company of the initial semi-annual installment of research payments thereunder.

Collaborative agreement. The Company and the Investor shall have executed and delivered that certain the Collaborative Development and Licensing Agreement of even date (and the "Collaborative Development and Licensing Agreement") and made payment to the Company of Investor shall have paid the initial semi-annual installment of research payments thereunder.