Common use of Payment of COH Patent Expenses Clause in Contracts

Payment of COH Patent Expenses. 7.4.1 The Parties acknowledge that, prior to the Effective Date, COH provided to Licensee documentation of historic expenses incurred by COH with respect to the drafting, prosecution and maintenance of the Patent Rights. In consideration of such historic expenditures by COH, Licensee shall reimburse COH for * percent of such expenses within 30 days of the Effective Date, up to $*. Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portion.

Payment of COH Patent Expenses. 7.4.1 The Parties acknowledge that, prior to the Effective Date, COH provided to Licensee documentation of incurred historic expenses incurred by COH with respect to the drafting, prosecution and maintenance of the Patent Rights. In consideration of such historic expenditures by COH, Licensee shall reimburse COH fifty-four thousand dollars ($54,000) in full reimbursement for * percent of such expenses expenses. Licensee shall pay such invoices within 30 thirty (30) days of the Effective Date, up to $*. Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portionreceipt of each such invoice.