Example ContractsClausesdevelopment milestone paymentVariants
Development Milestone Payment
Development Milestone Payment contract clause examples

Development Milestone Payments. With respect to # the Collaboration Target, and # each Kinase Target to which an Other Biogen Idec Product is directed (a “Milestone Target”), Biogen Idec shall pay to Sunesis on a Target-by-Target basis the following amounts within thirty (30) days following the first achievement by Biogen Idec, its Affiliates or Sublicensees, as the case may be, of each of the following milestones with respect to # the Collaboration Compound, or # a Product or Other Biogen Idec Product (excluding for purposes hereof any Non-Kinase Other Biogen Idec Product) incorporating the Collaboration Compound (a “Milestone Compound”):

Research Milestones. Biogen Idec shall pay to Sunesis the following amounts within thirty (30) days following the first achievement of the following research milestones with respect to the Collaboration Target:

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