Common use of Patent Cost Reimbursement Clause in Contracts

Patent Cost Reimbursement. Company shall reimburse Hospital for all costs associated with the preparation, filing, prosecution and maintenance of all Patent Rights (“Patent Costs”). As of the Effective Date, Hospital has incurred approximately [**] Dollars ($[**]) in Patent Costs with respect to Hospital Patent Rights. As of the effective date of Amendment No. 1 to this Agreement, Hospital and Harvard have incurred approximately [**] Dollars ($[**]) in Patent Costs with respect to Media Patent Rights. Company shall pay such amounts to Hospital based upon the following schedule: · $[**] within [**] days of the Effective Date · [**] within [**] days after the effective date of Amendment No. 1 to this Agreement · $ [**] on the [**] anniversary of the Effective Date · [**] on the [**] anniversary of the Effective Date Company shall pay to Hospital, or at Hospital’s request directly to patent counsel, all other Patent Costs within [**] days of Company’s receipt of an invoice for such Patent Costs either from Hospital or Hospital’s patent counsel. Hospital shall instruct patent counsel to provide copies to Hospital for Hospital’s administrative files of all invoices detailing Patent Costs which are sent directly to Company.

Patent Cost Reimbursement. Company shall reimburse Hospital for all costs associated with the preparation, filing, prosecution and maintenance of all Patent Rights (“Patent Costs”). As of the Effective Date, Hospital has incurred approximately [***] Dollars ($[***]) in Patent Costs with respect to Hospital Patent Rights. As of the effective date of Amendment No. 1 to this Agreement, Hospital and Harvard have incurred approximately [***] Dollars ($[***]) in Patent Costs with respect to Media Patent Rights. Company shall pay such amounts to Hospital based upon the following schedule: · $[***] within [***] days of the Effective Date · [***] within [***] days after the effective date of Amendment No. 1 to this Agreement · $ [***] on the [***] anniversary of the Effective Date · [***] on the [***] anniversary of the Effective Date Company shall pay to Hospital, or at Hospital’s request directly to patent counsel, all other Patent Costs within [***] days of Company’s receipt of an invoice for such Patent Costs either from Hospital or HospitalPortions of the exhibit, indicated by the xxxx “[***],” were omitted and have been filed separately with the Securities and Exchange Commission pursuant to the Registrant’s patent counsel. Hospital shall instruct patent counsel application requesting confidential treatment pursuant to provide copies to Hospital for Hospital’s administrative files Rule 24b-2 of all invoices detailing Patent Costs which are sent directly to Companythe Securities Exchange Act of 1934, as amended.

Patent Cost Reimbursement. Company shall reimburse Hospital for all costs associated with the preparation, filing, prosecution and maintenance of all Patent Rights (“"Patent Costs”"). As of the Original Agreement Effective Date, Hospital has incurred approximately [***] Dollars ($[***]) in Patent Costs with respect to Hospital Patent Rights. As of the effective date of Amendment No. 1 to this the Original Agreement, Hospital and Harvard have incurred approximately [**] Thirteen Thousand Dollars ($[**]13,000.00) in Patent Costs with respect to Media Patent Rights. Company shall pay such amounts to Hospital based upon the following schedule: · • $[***] within [***] days of the Effective Date · [***] • All Patent Costs with respect to Media Patent Rights within [***] days after the effective date of Amendment No. 1 to this the Original Agreement · $ • $[***] on the [***] anniversary of the Effective Date · [***] • [***] on the [***] anniversary of the Original Agreement Effective Date Company shall pay to Hospital, or at Hospital’s 's request directly to patent counsel, all other Patent Costs within [***] days of Company’s receipt of an invoice for such Patent Costs either from Hospital or Hospital’s patent counsel. Hospital shall instruct patent counsel to provide copies to Hospital for Hospital’s administrative files of all invoices detailing Patent Costs which are sent directly to Company.

Patent Cost Reimbursement. Company shall reimburse Hospital for all costs associated with the preparation, filing, prosecution and maintenance of all Patent Rights (“Patent Costs”). As of the Effective Date, Hospital has incurred approximately [***] Dollars ($[***]) in Patent Costs with respect to Hospital Patent Rights. As of the effective date of Amendment No. 1 to this Agreement, Hospital and Harvard have incurred approximately [***] Dollars ($[***]) in Patent Costs with respect to Media Patent Rights. Company shall pay such amounts to Hospital based upon the following schedule: · • $[***] within [***] days of the Effective Date · • [***] within [***] days after the effective date of Amendment No. 1 to this Agreement · $ • $[***] on the [***] anniversary of the Effective Date · • [***] on the [***] anniversary of the Effective Date Company shall pay to Hospital, or at Hospital’s request directly to patent counsel, all other Patent Costs within [***] days of Company’s receipt of an invoice for such Patent Costs either from Hospital or Hospital’s patent counsel. Hospital shall instruct patent counsel to provide copies to Hospital for Hospital’s administrative files of all invoices detailing Patent Costs which are sent directly to Company.