Performance Milestone Sample Clauses

Performance Milestone. If, during the Collaboration Period, Aurora identifies chemical entities for at least [***] of the Hyseq Targets screened by Aurora under the Target Program which demonstrate at least a [***] over related public domain targets (as defined in the Target Program), then Aurora will pay to Hyseq a one-time, non-creditable, non-refundable milestone payment of [***] within [***] after the final report for the Target Program has been received by Hyseq from Aurora.
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Performance Milestone. Grantee shall expend 50% of total Grant amount to Homebuyers within twelve (12) months from the start of the Performance Period. Agency will review the Grantee’s performance of the Work to determine if remaining Grant funds will be retained by Xxxxxxx, reallocated to other awardees under the RFA or reallocated for future use by Agency. Grantee will be notified in writing, within thirty (30) days of completion of review (email acceptable), which will outline the remaining Grant funds available to Grantee. Additional information about this process is as follows:
Performance Milestone. 1. During the defined period, the employee is to identify an individual(s) as successors and act as a mentor. The purpose of this is to begin building a solid internal development structure for future growth and succession within the team. This retention award will be included in your paycheck at the time of payment. The above dates reflect PacifiCorp pay dates. Payments comprising the Retention Bonuses are subject to applicable payroll deductions and tax withholding and may constitute taxable income to you. You are responsible for all tax obligations and should consult with your own tax advisor regarding the tax treatment of the Retention Bonuses. In addition to the performance milestone noted above, in order to be eligible for the first payment, you must remain employed in your present department within PacifiCorp through May 30, 2006 and maintain an acceptable level of performance (as determined by management) during this period. In order to be eligible for the second payment, you must remain within the ScottishPower group through May 30, 2007 and maintain an acceptable level of performance (as determined by management). If you leave the Company voluntarily or involuntarily for cause prior to these dates, or transfer out of your present department voluntarily, you will automatically forfeit all rights to any unpaid Retention Bonuses. If you are terminated involuntarily due to displacement following a workforce reduction prior to any unpaid Retention Bonuses, you will be paid the amount of any unpaid Retention Bonus specified in this memo at the time of termination. You must also meet the other terms and conditions identified in this memorandum. This offer is considered confidential. As a condition to receiving the Retention Bonus, you agree to keep confidential the terms and conditions of this memorandum as well as the content of discussions pertaining to the offer of the Retention Bonus and this memorandum. You may, however, discuss the offer of the Retention Bonus and this memorandum with your attorney, financial advisor or immediate family members on a confidential basis. Should you have any questions about this memorandum you may contact me or Xxxxx Xxxxxx in the Compensation department. Retention Agreement - Xxxxxx Again, thank you for your many contributions to date. I am pleased to be able to demonstrate our appreciation and recognition of your skills and contributions to the Company in this way. Please acknowledge your acceptance of this offer b...
Performance Milestone. PAYMENTS Licensee shall pay to University the following amounts upon the occurrence of the corresponding milestone: (a) Upon  , Licensee shall pay to University $  ; (b) Upon  , Licensee shall pay to University $  ; and (c) Upon  , Licensee shall pay to University $  . Not applicable/none required.
Performance Milestone. 1. Each of the undersigned hereby agrees that Performance Milestone 1 was satisfied as of August 19, 2019.
Performance Milestone. On or before September 1, 2013, Borrower shall have enrolled at least one patient in Borrower's bladder cancer clinical trial. In addition to the foregoing covenants, Bank shall in the future set milestone covenants based upon Borrower's Board-approved annual budget and product timeline, which shall be provided to Bank pursuant to Section 6.2(iii) herein, and incorporated into this Agreement through a written amendment, which Bank and Borrower hereby agree to execute promptly.”
Performance Milestone. If EBITDA exceeds:
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Performance Milestone. Agent and Lenders acknowledge that Borrower has achieved the Performance Milestone as of the Amendment Effective Date.
Performance Milestone. (i) No default or Event of Default shall have occurred and be continuing, and (ii) Borrower shall have received positive data for both ARX-04 phase 3 studies (i.e., SAP302 and SAP303) on or prior to September 30, 2016 (it being understood and agreed by Borrower and Lender that the condition precedent set forth in this Section 5.1(ii) has been satisfied).
Performance Milestone. The distribution of the Escrow Funds shall be based upon the following performance milestones (the “Milestones”) discussed below:
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