Program Fee. Simultaneous with the Closing, King shall pay to PTI a one-time collaboration fee in the amount of one hundred fifty million U.S. dollars ($150,000,000) (the “Program Fee”). The Program Fee shall be paid by King in U.S. dollars by wire to an account designated by PTI.
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Sources: Collaboration Agreement (Pain Therapeutics Inc), Collaboration Agreement (Pain Therapeutics Inc)
Program Fee. Simultaneous with the Closing, King shall pay to PTI a one-time collaboration fee in the amount of one hundred fifty million U.S. dollars ($150,000,000) (the “"Program Fee”"). The Program Fee shall be paid by King in U.S. dollars by wire to an account designated by PTI.
Appears in 1 contract