Second Payment. The Parties hereby agree that the Second Payment of ($3,000,000) for the Second Indication shall be replaced in its entirety by the following three payments, with the understanding that all payments for the Second Indication shall be subject to Article 13 PAYMENTS AND REPORTS of the License Agreements: i. US$[***] upon [***]. ii. US$[***] upon [***]. iii. US$[***] upon [***].
Appears in 2 contracts
Sources: Supplemental Agreement (Selecta Biosciences Inc), Supplemental Agreement (Selecta Biosciences Inc)