Launch After Termination of Exclusivity Period. Subject to Sections 6.2(a)(iii) and 6.2(a)(iv), in the event that, after the termination, if any, of the Exclusivity Period, Xxxxxxxx Launches a Xxxxxxxx Joint Independent Product or an Other Independent Product in the Field, within thirty (30) days of such Launch, Xxxxxxxx shall pay to Palomar on account of the Launch of such product, ten million dollars (US $10,000,000). Such payment shall be non-creditable and non-refundable and there shall be no right of set-off with respect thereto.
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Samples: Development and License Agreement (Palomar Medical Technologies Inc), Development and License Agreement (Palomar Medical Technologies Inc)
Launch After Termination of Exclusivity Period. Subject to Sections 6.2(a)(iii) and 6.2(a)(iv), in the event that, after the termination, if any, of the Exclusivity Period, Xxxxxxxx Launches a Xxxxxxxx Joint Independent Product or an Other Independent Product in the Field, within thirty (30) days of such Launch, Xxxxxxxx shall pay to Palomar on account of the Launch of such product, ten million dollars (US $$ 10,000,000). Such payment shall be non-creditable and non-refundable and there shall be no right of set-off with respect thereto.
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Launch After Termination of Exclusivity Period. Subject to Sections 6.2(a)(iii) and 6.2(a)(iv), in the event that, after the termination, if any, of the Exclusivity Period, Xxxxxxxx Gxxxxxxx Launches a Xxxxxxxx Gxxxxxxx Joint Independent Product or an Other Independent Product in the Field, within thirty (30) days of such Launch, Xxxxxxxx Gxxxxxxx shall pay to Palomar on account of the Launch of such product, ten million dollars (US $$ 10,000,000). Such payment shall be non-creditable and non-refundable and there shall be no right of set-off with respect thereto.
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