AMENDED AND RESTATED LICENSE AGREEMENT between NPS Allelix Corp. and Memory Pharmaceuticals Corp. [*] CONFIDENTIAL TREATMENT IS REQUESTEDLicense Agreement • November 14th, 2007 • Memory Pharmaceuticals Corp • Pharmaceutical preparations • New Jersey
Each payment in this Section 4.1 shall be due and payable by Memory within [*] days after occurrence of the applicable event, with the exception of [*] events, in which the payments shall be due and payable by Memory within [*] days after occurrence of the [*] event. Notwithstanding anything to the contrary, Memory will make each of such payments only once, for each NPS Compound and/or Memory Compound for a given indication upon the first occurrence of a respective event, regardless of how many times the event may be achieved. For the avoidance of doubt, if a product constitutes both a Product and a Memory Product, each such payment shall be due only once with respect to such product.
