Common use of Product Launch Clause in Contracts

Product Launch. Upon the sooner of (1) Licensee raising sufficient capital to bring any Licensee Developed Product to market or (2) October 31, 2008, Licensee shall pay to Licensor in cash the sum of $55,000.

Appears in 2 contracts

Sources: Sublicense Agreement (Attitude Drinks Inc.), Sublicense Agreement (Attitude Drinks Inc.)