Common use of Performance Milestone Clause in Contracts

Performance Milestone. PAYMENTS Licensee shall pay to University the following amounts upon the occurrence of the corresponding milestone: (a) Upon  , Licensee shall pay to University $  ; (b) Upon  , Licensee shall pay to University $  ; and (c) Upon  , Licensee shall pay to University $  . Not applicable/none required.

Appears in 1 contract

Sources: Exclusive Patent License Agreement

Performance Milestone. PAYMENTS Licensee shall pay to University the following amounts upon the occurrence of the corresponding milestone: (a) Upon   , Licensee shall pay to University $   ; (b) Upon   , Licensee shall pay to University $   ; and (c) Upon   , Licensee shall pay to University $   . Not applicable/none required.

Appears in 1 contract

Sources: Exclusive Patent License Agreement