Common use of Compensation Terms Clause in Contracts

Compensation Terms. 6.1 Simultaneously with the execution and delivery of this Agreement, Aphton and SB have entered into a Subscription Agreement, dated the Effective Date, in the form attached hereto as Exhibit C, pursuant to which (i) Aphton has agreed to sell and SB has agreed to purchase the number of shares of common stock, par value $.001 per share, of Aphton set forth in the Subscription Agreement for a purchase price of US $5,000,000, (ii) Aphton shall be entitled to a Put Option (as defined in the Subscription Agreement) and (iii) SB shall be entitled to a Call Option (as defined in the Subscription Agreement), all as subject to the terms and conditions set forth therein.