Common use of Development Milestone Payments Clause in Contracts

Development Milestone Payments. As additional consideration for the rights granted to Indivior herein, after the achievement by Indivior of any of the milestones set forth below, Indivior shall pay Addex the applicable milestone payment set forth next to such milestone below (“Development Milestone Payments”). For the avoidance of doubt, each Development Milestone Payment shall be payable one-time only upon the first occurrence of the event triggering the respective milestone set forth in the table below. 1. [***] [***] 2. [***] [***] 3. [***] [***] 4. [***] [***] 5. [***] [***] 6. [***] [***] 7. [***] [***] 8. [***] [***] 9. [***] [***] 10. [***] [***] Total [***]

Appears in 4 contracts

Samples: License Agreement (Indivior PLC), License Agreement (Indivior PLC), License Agreement (Addex Therapeutics Ltd.)

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Development Milestone Payments. As additional consideration for In addition, Reckitt shall pay to XenoPort the rights granted to Indivior herein, after development milestone payments set forth below following the first achievement by Indivior of Reckitt, or any of its Affiliates or Sublicensees, of the milestones set forth corresponding milestone below, Indivior shall pay Addex in accordance with this Section 6.2 and the applicable milestone payment set forth next to such milestone below (“Development Milestone Payments”)provisions in Article 7. For the avoidance of doubt, each Development Milestone Payment shall be milestone is payable one-one time only upon the first occurrence of the event triggering the respective milestone set forth as provided in the table Section 6.2.5 below. 1. Development Milestone Event Milestone Payment [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] 2. [***] [***] 3. [***] [***] 4. [***] [***] 5. [***] [***] 6. [***] [***] 7. [***] [***] 8. [***] [***] 9. [***] [***] 10. [***] [***] Total [***]

Appears in 1 contract

Samples: License Agreement

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