Examples of Daewoong Agreement in a sentence
On the Closing Date, Parent shall contribute to the Company Three Million Five Hundred Thousand United States Dollars ($3,500,000) (the “Daewoong Payment”) to permit the Company to satisfy the Company’s obligations under the Daewoong Agreement to pay Daewoong for (i) upfront fees for the exclusive license and distribution rights to the Product for aesthetic use in the Territory and (ii) a five (5) year option to acquire the rights to the Product for therapeutic use in the Territory.
Subject to the terms and conditions of this Agreement and the Daewoong Agreement, DISTRIBUTOR may promote and distribute the Agreement Products through one Confidential treatment has been requested for portions of this exhibit under 17 C.F.R. Sections §§ 200.80(b)(4) and 230.406.
Subject to the terms and conditions of this Agreement, EVOLUS shall, subject to the terms of the Daewoong Agreement, during the Term, supply Agreement Products to DISTRIBUTOR pursuant to individual and/or blanket purchase orders (each a “Purchase Order”) issued by DISTRIBUTOR.
From time to time, EVOLUS may in its sole discretion modify without increase of cost to the DISTRIBUTOR the Agreement Products or the Labeling thereto as a result of changes to the Daewoong Agreement, manufacturing, sourcing or regulatory requirements or product improvements or modifications.
The Company hereby irrevocably instructs and directs Parent to pay the Daewoong Payment directly to Daewoong in accordance with the Daewoong Agreement.
Agreement are referred to herein as “conforming” Agreement Products, and Agreement Products that do not conform to the terms set forth in the Daewoong Agreement are referred to herein as “nonconforming” Agreement Products.
Each such Purchase Order is subject to the terms of the Daewoong Agreement, during the Term (as defined below), supply Agreement Products to DISTRIBUTOR pursuant to individual and/or blanket purchase orders (each a “Purchase Order”) shall be subject to EVOLUS’ written acceptance.