Common use of Milestone Events Clause in Contracts

Milestone Events. [...***...] [...***...] [...***...] [...***...] [...***...] [...***...] [...***...] [...***...] TOTAL Potential Milestones [...***...] [...***...] [...***...] *These milestones are payable upon achievement of the event, regardless of whether [...***...] or not. The [...***...] Milestone Event shall occur upon [...***...] that the Discovery Milestone has been met. **For each of these milestones, GSK pays the Table 1 Rate or Table 2 Rate, as applicable, if GSK achieves the Milestone Event (i.e., if GSK had exercised its Program Option at [...***...] Stage or otherwise prior to [...***...]) or the Table 3 Rate if Regulus achieves the Milestone Event (i.e., if GSK had not so exercised its Program Option but Regulus continued developing the Collaboration Compound).