Payment. As partial consideration and total compensation for the release, license, covenant and Limited Standstill under this Agreement and the dismissal by Enzo of the Litigation hereunder, ​ agrees to pay to Enzo a one-time total payment of twenty-one million U.S. Dollars ($21,000,000.00) (“Payment”), payable by ​ to Enzo no later than seven (7) business days following the Effective Date of this Agreement in lawful money of the United States, in immediately available funds, by wire transfer to the following account:

Payment. Payment of the Purchase Price shall be made, at the option of the Company or its assignee(s), in cash (by check), by cancellation of all or a portion of any outstanding indebtedness of the Holder to the Company (or, in the case of repurchase by an assignee, to the assignee), or by any combination thereof within thirty (30) days after receipt of the Notice or in the manner and at the times set forth in the Notice.

Payment. Upon termination of Executive’s employment, the Company shall pay to Executive all compensation to which Executive is entitled up through the date of termination, subject to any other rights or remedies of the Company or HoldCo, as applicable, under law; and thereafter all of the obligations of the Company or HoldCo, as applicable, under this Agreement shall cease.

Payment. A Stock Appreciation Right granted in connection with an Option shall entitle the holder thereof, upon exercise of the Stock Appreciation Right or any portion thereof, to receive payment of an amount computed pursuant to Section 7(b)(3).

Payment. The Borrower shall pay all sums due under this Agreement.

Payment. The Award will be payable in cash, or Company common stock or similar equity, or a combination thereof, at the discretion of the Committee, to the Grantee as soon as practicable following the Committee's regularly scheduled meeting in February 2019, but in any event no later than December 31, 2019, provided the Committee determines that the Company has attained or exceeded at least one of its threshold goals set forth in the table above. The table below shows the percentage of the Grantee's annual compensation rate that would be payable if the specified goals were to be precisely attained (i.e., threshold, target or maximum) for all of the performance measurements set forth in the table above. For purposes of this Award, "annual compensation rate" refers to annual base salary rate as of December 31, 2018, and the average of the Grantee's award earned under the Company's Annual Executive Incentive Plan for each of the years in the performance period (2016, 2017 and 2018).

Payment. Except as provided in Article 7 or as may be provided in an Award Agreement, Other Equity Awards may be paid in Shares, cash or other property, or any combination thereof, in the sole discretion of the Committee at the time of payment. Other Equity Awards may be paid in a lump sum or in installments or, in accordance with procedures established by the Committee, on a deferred basis subject to the requirements of Section 409A of the Code.

Payment. Except as may otherwise be provided in an Award Agreement, Performance Awards will be distributed only after the end of the relevant Performance Period. Performance Awards shall be paid in cash and may be paid in a lump sum or in installments following the close of the Performance Period or, in accordance with procedures established by the Committee, on a deferred basis subject to the requirements of Section 409A of the Code.

Payment. Subject to the terms of this Agreement and the Plan, you shall receive one share of Common Stock with respect to each vested RSU subject to the Award within thirty (30) days of your Termination of Directorship (such date of settlement, the “Settlement Date”). For purposes of this Agreement, “Termination of Directorship” means, subject to [Section 17.13] of the Plan, that you have ceased to be a director of the Company; provided, that in the event that you become an Eligible Employee or a Consultant upon your ceasing to be a director, a Termination of Directorship shall not be deemed to have occurred until such time as you have “separated from service” as defined in Section 409A of the Code.

Non-Payment. Any Loan Party fails to pay # when and as required to be paid herein, any amount of principal of any Loan, or # within five (5) Business Days after the same becomes due, any interest on any Loan or any other amount payable hereunder or with respect to any other Loan Document; or