CONSIDERATION, PAYMENTS AND REPORTS. 4.1 In consideration of rights granted by BOARD to LICENSEE under this AGREEMENT, LICENSEE agrees to pay UTMDACC the following:
CONSIDERATION, PAYMENTS AND REPORTS. 4.1 In consideration of rights granted by BOARD to LICENSEE under this AGREEMENT, LICENSEE agrees to pay MDA the following:
CONSIDERATION, PAYMENTS AND REPORTS. 5 V. SPONSORED RESEARCH............................................................. 10 VI.
CONSIDERATION, PAYMENTS AND REPORTS. 4.1 In consideration of rights granted by LICENSOR to LICENSEE under this AGREEMENT, LICENSEE agrees to pay the following:
CONSIDERATION, PAYMENTS AND REPORTS. 4.1 In consideration of rights granted by BOARD to LICENSEE under this AGREEMENT, LICENSEE agrees to pay to UTMDACC (or issue to BOARD, in the case of LICENSE Portions herein identified by [*****] have been omitted as Confidential Information and has been filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to this omitted information. EQUITY (as defined in Section 4.1(h) below) or INVESTMENT EQUITY (as defined in Section 4.2 below)) the following:
CONSIDERATION, PAYMENTS AND REPORTS. 4.1 In consideration of rights granted by FHCRC to LICENSEE under this AGREEMENT, LICENSEE agrees to pay FHCRC the following:
CONSIDERATION, PAYMENTS AND REPORTS. 4.1 In consideration of rights granted by BOARD to LICENSEE under this AGREEMENT, LICENSEE agrees to pay MDA the following: (a) All out-of-pocket expenses incurred by MDA in filing, prosecuting, enforcing and maintaining PATENT RIGHTS, and all such future expenses incurred by MDA, for so long as, and in such countries as, this AGREEMENT remains in effect. MDA will invoice LICENSEE within 30 days of the EFFECTIVE DATE for expenses incurred as of that time and on a quarterly basis thereafter. The invoiced amounts will be due and payable by LICENSEE within 30 days of invoice; and (b) A nonrefundable license documentation fee in the amount of $____________. This fee will not reduce the amount of any other payment provided for in this ARTICLE IV, and is due and payable within 30 days after the AGREEMENT has been fully executed by all parties and LICENSEE has received an invoice for the amount from MDA; and (c) A nonrefundable quarterly license maintenance fee of $_____________, payable until the first SALE of LICENSED PRODUCTS. This maintenance fee will be invoiced by MDA and payable by LICENSEE concurrently with future quarterly payments for MDA's out-of-pocket expenses as provided for in Section 4.1(a) hereinabove and will not reduce any other payment provided for in this ARTICLE IV; and (d) A running royalty equal to ___ % of LICENSEE's NET SALES of LICENSED PRODUCTS; and (e) Minimum annual royalties of $______ [NOTE: Delete reference to "minimum royalties" if there are none.]; and (f) 50% of all consideration, other than research and development money, received by LICENSEE from either (i) any sublicensee pursuant to Sections 3.3 and 3.4 herein above, or (ii) any assignee pursuant to Section 12.1 hereinbelow, including but not limited to, royalties, upfront payments, marketing, distribution, franchise, option, license, or documentation fees, bonus and milestone payments and equity securities. 4.2 All such payments are payable within 30 days after March 31, June 30, September 30, and December 31 of each year during the term of this AGREEMENT, at which time LICENSEE will also deliver to BOARD and MDA a true and accurate report, giving such particulars of the business conducted by LICENSEE and its sublicensees, if any exist, during the preceding three calendar months under this AGREEMENT as necessary for BOARD to account for LICENSEE's payments hereunder. This report will include pertinent data, including, but not limited to: (a) the total quantities of LICENSE...
CONSIDERATION, PAYMENTS AND REPORTS. 4.1 In consideration of rights granted by Board to Licensee under this Agreement, Licensee agrees to pay MD Xxxxxxxx each of the following:
CONSIDERATION, PAYMENTS AND REPORTS. 4.1. As consideration for the grants of the licenses in ARTICLE III, LICENSEE shall provide all of the following:
CONSIDERATION, PAYMENTS AND REPORTS. 5 V. PUBLICATION............................................... 8 VI.
