Compound Fee definition
Compound Fee means individually the Lead Compound Fee, Alternative Compound Fee, or Backup Compound Fee.
Compound Fee has the meaning set forth in Section 7.2.
Examples of Compound Fee in a sentence
In order to afford Bayer the benefits of the transactions contemplated by this Agreement in consideration of the Purchase Price and Compound Fee potentially payable hereunder, Maxygen and Holdings grant, and shall cause their Affiliates to grant, to Bayer an “Exclusivity Period” defined as the period beginning on the Closing Date and continuing until the five (5) year anniversary of the Closing Date.