Milestone 1. Milestone 1 shall be satisfied upon a declaration by the USPTO of an interference between a pending patent application in the Technology and U.S. Patent No. 6,296,673 (the “Interfering Patent). Within thirty (30) days after Fluidigm receives written notice of the USPTO declaration of interference, Fluidigm will issue shares of its stock having a value of $600,000 (based on the fair value of the stock at the time Milestone 1 is achieved), subject to compliance with applicable securities laws.
Appears in 2 contracts
Sources: Master Closing Agreement (Fluidigm Corp), Master Closing Agreement (Fluidigm Corp)