Common use of Milestone Payment Clause in Contracts

Milestone Payment. Within thirty (30) days following the first Patent Issuance, Eton shall give written notice to Imprimis and shall pay to Imprimis a non-refundable and noncreditable payment of fifty thousand dollars ($50,000).

Appears in 6 contracts

Sources: Asset Purchase and License Agreement (Eton Pharmaceuticals, Inc.), Asset Purchase and License Agreement (Eton Pharmaceuticals, Inc.), Asset Purchase and License Agreement (Eton Pharmaceuticals, Inc.)