Development Milestone Fee. Nurexone shall pay to Polyrizon a total of three million three hundred and fifty thousand dollars ($3,350,000.00) (the “Development Milestone Fee”) in consideration for and conditioned upon the completion of each milestone as set forth below(“Milestone”). Polyrizon will issue to Nurexone an invoice for the portion of the Development Milestone Fee then due and Nurexone shall pay the Development Milestone Fee in accordance with the following:
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Sources: Confidentiality Agreement (Polyrizon Ltd.), Confidentiality Agreement (Polyrizon Ltd.)