Common use of License Royalties Clause in Contracts

License Royalties. 1. In consideration of the rights and license granted to IOMED to the DDS IONTOPHORETIC PATENT RIGHTS by virtue of this Agreement, IOMED shall pay to DDS, the sum of **** United States Dollars **** in cash by wire transfer due upon execution of this Agreement and payable within two business days of the EFFECTIVE DATE.

Appears in 4 contracts

Samples: Agreement (Iomed Inc), Agreement Contains Confidential Terms (Iomed Inc), Iomed Inc

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