Common use of Option for Natural Compounds Clause in Contracts

Option for Natural Compounds. With respect to Compounds that are Natural Compounds, Firmenich will pay Senomyx the non-creditable, non-refundable milestone payments below within […***…] of the occurrence of the following milestone events under this Agreement: […***…] Payment First […***…] […***…] Each subsequent […***…] […***…]* […***…] Payment First […***…] […***…] Each subsequent […***…] […***…]* […***…] Payment First […***…] […***…] Each subsequent […***…] […***…]* ***Confidential Treatment Requested *[…***…]. For purposes of this Section 7.3.2, if […***…] is obtained for a Natural Compound prior to […***…], the date of […***…] shall be deemed to be the date Firmenich […***…].

Option for Natural Compounds. With In the event the Option is exercised under Section 8.6, with respect to Compounds that are Natural Compounds, Firmenich will pay Senomyx the non-creditable, non-refundable milestone payments below within […***…] of the occurrence of the following milestone events under this Agreement: First [***] [***] Each subsequent [***] [***] * First [***] [***] Each subsequent [***] [***] * First [***] [***] Each subsequent [***] [***] * *[…***…] Payment First […***…] […***…] Each subsequent […***…] […***…]* […***…] Payment First […***…] […***…] Each subsequent […***…] […***…]* […***…] Payment First […***…] […***…] Each subsequent […***…] […***…]* ***Confidential Treatment Requested *[…***…]. For purposes of this Section 7.3.2, if […***…] is obtained for a Natural Compound prior to […***…], the date of […***…] shall be deemed to be the date Firmenich […***…].

Option for Natural Compounds. With In the event the Option is exercised under Section 8.6, with respect to Compounds that are Natural Compounds, Firmenich will pay Senomyx the non-creditable, non-refundable milestone payments below within […***…] of the occurrence of the following milestone events under this Agreement: […***…] Payment First […***…] […***…] Each subsequent […***…] […***…]] * […***…] Payment First […***…] […***…] Each subsequent […***…] […***…]] * […***…] Payment First […***…] […***…] Each subsequent […***…] […***…]] * ***Confidential Treatment Requested *[…***…]. ] For purposes of this Section 7.3.2, if […***…] is obtained for a Natural Compound prior to […***…], the date of […***…] shall be deemed to be the date Firmenich […***…].

Option for Natural Compounds. With respect to Compounds that are Natural Compounds, Firmenich will pay Senomyx the non-creditable, non-refundable milestone payments below within […***…] of the occurrence of the following milestone events under this Agreement: […***…] Payment First […***…] […***…] Each subsequent […***…] […***…]* […***…] Payment First […***…] […***…] Each subsequent […***…] […***…]* […***…] Payment First […***…] […***…] Each subsequent […***…] […***…]* ***Confidential Treatment Requested *[…***…]. For purposes of this Section 7.3.2, if […***…] is obtained for a Natural Compound prior to […***…], the date of […***…] shall be deemed to be the date Firmenich […***…].