Issue Fee. Licensee shall pay to Licensor a non-refundable amendment/license fee of seven thousand five hundred ($7,500) and payable as; $2,500 deemed earned and payable upon execution of this Amendment, $2,500 due January 31, 2010, and $2,500 due January 31, 2011.
Appears in 2 contracts
Sources: License Agreement (Biotime Inc), Exclusive License Agreement (Biotime Inc)
Issue Fee. Licensee shall pay to Licensor a non-refundable amendment/license fee of seven thousand five hundred Ten Thousand Dollars ($7,50010,000) deemed payable in two payments of five thousand dollars ($5,000), six (6) months and payable as; $2,500 deemed earned and payable upon twelve (12) months following execution of this Amendment, $2,500 due January 31, 2010, and $2,500 due January 31, 2011.
Appears in 2 contracts
Sources: License Agreement (Biotime Inc), Exclusive License Agreement (Biotime Inc)