Minimum Purchase Commitment. Subject to the completion of Milestone 5 , as determined by the provisions of the Development Agreement with regard to the LSR Production Instruments pursuant to the Development Agreement, QTX agrees to exclusively purchase from STRATEC during the first seven (7) years after the delivery and final acceptance of the first LSR Validation Instrument a minimum quantity of [***] units of the Instruments.
Appears in 3 contracts
Sources: Development Services and Equity Participation Agreement, Development Services and Equity Participation Agreement (Quanterix Corp), Development Services and Equity Participation Agreement (Quanterix Corp)