Common use of CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION Clause in Contracts

CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. ASTERISKS DENOTE SUCH OMISSIONS Penwest shall provide at its own expense all TIMERx reasonably required for such effort. Each party will bear its own expenses during the Certification Period. 3.5 In consideration of Penwest's entering into this Agreement, Mylan agrees to pay Penwest additional milestone fees as follows: 3.5.1 payable ********************************* ***************************************************************; provided, however, that if the ******************************** ********************************************************** such milestone fee under this clause shall be********************. 3.5.2 payable ******************************* (whether or not concurrent with the **************************); provided, however, that if the ******************************** *************************************************************** **************, such milestone fee under this clause shall be *******************************. Mylan shall notify Penwest of the occurrence of the Approval Date no later than the next business day following Mylan's learning of such occurrence.

Appears in 2 contracts

Sources: Product Development and Supply Agreement (Penwest Pharmaceuticals Co), Product Development and Supply Agreement (Penwest Pharmaceuticals Co)