Common use of Second Tranche Clause in Contracts

Second Tranche. ATAI shall pay to the Company $[***] upon enrolment of the [***] patient in the POC Study in the US, provided that one more arms of the POC Study have not received a No-Go Event as of the time of such occurrence.

Appears in 2 contracts

Sources: Series a Preferred Stock Purchase Agreement (ATAI Life Sciences N.V.), Series a Preferred Stock Purchase Agreement (ATAI Life Sciences N.V.)