Market Milestones. 1. Achieve [market milestone event #1] on or before [DATE]; 2. Achieve [market milestone event #2] on or before [DATE]; and 3. Achieve [market milestone event #3] on or before [DATE]. Progress and substantiation of Licensee meeting these development and commercialization requirements shall be provided to Alliance in the form of a report to be presented in writing no later than thirty (30) days from the end of each calendar year.
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Samples: Exclusive Patent License Agreement, Non Exclusive Patent License Agreement, Exclusive Patent License Agreement
Market Milestones. 1. Achieve [market milestone event #1] on or before [DATE];
2. Achieve [market milestone event #2] on or before [DATE]; and
3. Achieve [market milestone event #3] on or before [DATE]. Progress and substantiation of Licensee meeting these development and commercialization requirements shall be provided to Alliance in the form of a report to be presented in writing no later than thirty (30) days from the end of each calendar yearyear and each anniversary thereafter of the Effective Date thereof.
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