Common use of Technology Access Fees Clause in Contracts

Technology Access Fees. TDCC shall pay to Biosource a technology access fee of [*] ([*] U.S. dollars) upon the Effective Date. Within sixty (60) days after the beginning of each of the fourth, fifth, sixth and seventh Contract Year during the Research Collaboration, TDCC shall pay to Biosource an annual technology access fee of [*] ([*] U.S. dollars). Within sixty (60) days after the beginning of the eighth and each subsequent Contract Year during the Research Collaboration, TDCC shall pay to Biosource an annual technology access fee of [*] ([*] U.S. dollars). All such technology access fees are non-refundable, except the fee shall be refundable in the event that the Agreement is rescinded as provided in Section 12.5.4. For avoidance of doubt, no technology access fee shall be due under this Section 6.1 for any period after the Research Collaboration ends.

Technology Access Fees. TDCC shall pay to Biosource a technology access fee of [*] $10,000,000 ([*] ten million U.S. dollars) upon the Effective Date. Within sixty (60) days after the beginning of each of the fourth, fifth, sixth and seventh Contract Year during the Research Collaboration, TDCC shall pay to Biosource an annual technology access fee of [*] $5,000,000 ([*] five million U.S. dollars). Within sixty (60) days after the beginning of the eighth and each subsequent Contract Year during the Research Collaboration, TDCC shall pay to Biosource an annual technology access fee of [*] $10,000,000 ([*] ten million U.S. dollars). All such technology access fees are non-refundable, except the fee shall be refundable in the event that the Agreement is rescinded as provided in Section 12.5.4. For avoidance of doubt, no technology access fee shall be due under this Section 6.1 for any period after the Research Collaboration ends.