Common use of Worked Example Clause in Contracts

Worked Example. assumes Trust funds $5 million and PTC defers at both Phase 1 and Phase 3: (1) Phase 1 milestone amount = $[**] (deferred as provided below) (2) Phase 2 milestone amount = $[**] (3) Phase 3 milestone amount = $[**] (deferred as provided below) (4) Regulatory Approval milestone amount = $[**] (5) Total of all milestone amounts = $[**]

Appears in 2 contracts

Sources: Agreement for the Provision of Funding (PTC Therapeutics, Inc.), Agreement for the Provision of Funding (PTC Therapeutics, Inc.)