License Royalties. 1. In consideration of the rights and license granted to IOMED to the ELAN IONTOPHORETIC PATENT RIGHTS by virtue of this Agreement, IOMED shall pay to ELAN, the sum of **** United States Dollars **** in cash by wire transfer due upon execution of this Agreement and payable within two business days of the EFFECTIVE DATE.
Appears in 2 contracts
Samples: Confidentiality Agreement (Iomed Inc), Patent License Agreement (Iomed Inc)
License Royalties. 1. In consideration of the rights and license granted to IOMED to the ELAN IONTOPHORETIC PATENT RIGHTS by virtue of this Agreement, IOMED shall pay to ELAN, the sum of (**** *) United States Dollars (**** *) in cash by wire transfer due upon execution of this Agreement and payable within two business days of the EFFECTIVE DATE.
Appears in 2 contracts
Samples: Patent License Agreement (Iomed Inc), Patent License Agreement (Iomed Inc)
