Strategic Transaction Consideration. Conditional upon Artelo’s exercise of the Option, as partial consideration for the license granted to Artelo by NEOMED under Section 4.1, Artelo shall pay to NEOMED a percentage of the Strategic Transaction Consideration in addition to the consideration due under Sections 5.2.1, 5.2.2, 5.2.3 and 5.2.4 as follows:
Appears in 4 contracts
Samples: Common Stock Purchase Agreement (Artelo Biosciences, Inc.), Common Stock Purchase Agreement (Artelo Biosciences, Inc.), Common Stock Purchase Agreement (Artelo Biosciences, Inc.)
Strategic Transaction Consideration. Conditional upon ArteloXxxxxx’s exercise of the Option, as partial consideration for the license granted to Artelo by NEOMED under Section 4.1, Artelo shall pay to NEOMED a percentage of the Strategic Transaction Consideration in addition to the consideration due under Sections 5.2.1, 5.2.2, 5.2.3 and 5.2.4 as follows:
Appears in 1 contract
Samples: Confidential Treatment Requested
