Upfront Equity Payments. (a) On February 17, 2016, pursuant to Restricted Stock Grant Agreement, Unity granted Ascentage a total of 1,573,340 shares of Unity common stock, of which 1,258,672 shares represented Ascentage’s eighty percent (80%) portion of the Upfront Equity Payment due under the 1252 License Agreement.
Appears in 2 contracts
Samples: License Agreement (Unity Biotechnology, Inc.), License Agreement (Unity Biotechnology, Inc.)
Upfront Equity Payments. (a) On February 17, 2016, pursuant to Restricted Stock Grant Agreement, Unity granted Ascentage a total of 1,573,340 shares of Unity common stock, of which 1,258,672 314,668 shares represented Ascentage’s eighty percent (80%) portion of the Upfront Equity Payment due under the 1252 License Library Agreement.
Appears in 2 contracts
Samples: Library and Option Agreement (Unity Biotechnology, Inc.), Library and Option Agreement (Unity Biotechnology, Inc.)
