Common use of Financial Milestones Clause in Contracts

Financial Milestones. Company shall pay to University the following non- cumulative and non-refundable milestone achievement payments within 30 days of achieving the corresponding milestone, whether achieved by Company or a Sublicensee. A3.5.1. [* * *]; A3.5.2. [* * *]; A3.5.3. [* * *]; and A3.5.4. [* * *].

Financial Milestones. Company shall pay to University the following non- non-cumulative and non-refundable milestone achievement payments within 30 days of achieving the corresponding milestone, whether achieved by Company or a Sublicensee. For clarity, payments will be due only once in respect of the first achievement of the milestones below for a Licensed Product, regardless of the number of Licensed Products to achieve the milestone. A3.5.1. 5.1 [* * **] A3.5.2 [**] A3.5.3 [**] A3.5.4 [**]; A3.5.2. [* * *]; A3.5.3. [* * *]; and A3.5.4. [* * *].

Financial Milestones. Company shall pay to University the following non- non-cumulative and non-refundable milestone achievement payments within 30 days of achieving the corresponding milestone, whether achieved by Company or a Sublicensee. A3.5.1. [* * *]; For clarity, payments will be due only once in respect of the first achievement of the milestones below for a Licensed Product, regardless of the number of Licensed Products to achieve the milestone. A3.5.2. [* * *]; XXX] A3.5.3. [* * *]; and XXX] A3.5.4. [* * *XXX] A3.5.5. [XXX].

Financial Milestones. Company shall will pay to University the following non-cumulative, non- cumulative creditable, and non-refundable milestone achievement payments within 30 days of achieving the corresponding milestone, whether achieved by Company or a Sublicensee. A3.5.1. : Milestone [* * $**] [$**] [$**] [$**] [$**]; A3.5.2. [* * *]; A3.5.3. [* * *]; and A3.5.4. [* * *].