Clinical Development Milestone. Nestlé will, within [**] Business Days of the achievement of [**] by the Company, pay the Company [**]. In the event that the Company cannot reach a decision on whether the [**] has been achieved, the Company may elect for determination to be performed by an independent Third Party expert mutually appointed by the Parties in accordance with the Independent Expert Appointment Procedure. If such independent Third Party expert determines that the [**] has been achieved, such determination will be final and binding. The cost of such independent Third Party expert will be borne by the Company.
Appears in 4 contracts
Samples: Joint Venture Agreement (Hutchison China MediTech LTD), Joint Venture Agreement (Hutchison China MediTech LTD), Joint Venture Agreement (Hutchison China MediTech LTD)