Common use of License Term Development and Regulatory Milestones Clause in Contracts

License Term Development and Regulatory Milestones. During the License Term for each Licensed Program, for each milestone set forth in this Section 9.3.2 achieved in such Licensed Program, Servier shall pay, depending on the Licensed Program, the corresponding *** amount indicated for that milestone for the first instance of its achievement: Milestone Event Payment For each of the *** Licensed Program and gpA33 Licensed Program Payment For the CD123 Licensed Program (i) *** *** ***

Appears in 2 contracts

Sources: Option for a License Agreement (Macrogenics Inc), Option for a License Agreement (Macrogenics Inc)