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Common use of Option One Clause in Contracts

Option One. Penalty Payments. Pay the following relevant penalty payments (the “Penalty Payments”): (i) [***]. (ii) [***].

Appears in 2 contracts

Sources: Exclusive License Agreement (Affinia Therapeutics Inc.), Exclusive License Agreement (Affinia Therapeutics Inc.)

Related Clauses

  • Section One
  • OPTION ONLY
  • Grant Funding
  • Option A
  • Option B

Parent Clauses

  • Health Spending Account for Regular Part-Time Faculty
  • Technology Committee
  • Professional and Scholarly Activity Fund
  • Background
  • DURATION OF AGREEMENT

Sub-Clauses

  • Additional Payment to Seller
  • Non-Grievability
  • Eligibility
  • Acceptance
  • Plan Benefits
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