Approval Milestone. Within thirty (30) days of the achievement of the Approval Milestone Event (as defined in the Equity Agreement), Ampliphi will pay to Intrexon, according to the timelines and procedures set forth in the Equity Agreement, one of the following: (i) [*****] in cash, or (ii) the Approval Milestone Shares (as defined in the Equity Agreement).
Appears in 3 contracts
Samples: Exclusive Channel Collaboration Agreement (AmpliPhi Biosciences Corp), Exclusive Channel Collaboration Agreement (Intrexon Corp), Exclusive Channel Collaboration Agreement (Intrexon Corp)
Approval Milestone. Within thirty (30) days of the achievement of the Approval Milestone Event (as defined in the Equity Agreement), Ampliphi will pay to Intrexon, according to the timelines and procedures set forth in the Equity Agreement, one of the following: (i) [*****] five million dollars ($5M) in cash, or (ii) the Approval Milestone Shares (as defined in the Equity Agreement).
Appears in 1 contract
Samples: Exclusive Channel Collaboration Agreement (AmpliPhi Biosciences Corp)
