Calculation of Royalties. a. In consideration of the licenses granted under Section 2 of this Agreement, Schrödinger shall pay to Columbia royalties calculated as set forth in this Section 5.
Appears in 2 contracts
Samples: Agreement (Schrodinger, Inc.), Agreement (Schrodinger, Inc.)
Calculation of Royalties. a. In consideration of the licenses granted under Section 2 of this Agreement, Schrödinger shall pay to Columbia royalties calculated as set forth in this Section 5. In addition, Schrödinger shall pay Columbia the sum of $[**] payable in two equal installments of $[**] apiece, the first due within [**] of the Effective Date and the second due no later than [**] after the Effective Date.
Appears in 1 contract
Samples: Agreement (Schrodinger, Inc.)
Calculation of Royalties. a. In consideration of the licenses granted under Section 2 of this Agreement, Schrödinger shall pay to Columbia royalties calculated as set forth in this Section 5. In addition, Schrödinger shall pay Columbia the sum of $[**] payable as follows: (i) $[**] on December 31, 2002 and (ii) $[**] on December 31, 2003.
Appears in 1 contract
Samples: Agreement (Schrodinger, Inc.)
