Milestone 3 Amount

Milestone 3 Amount. Means, with respect to the achievement of Milestone 3, an amount per CVR equal to the quotient of $9,000,000 divided by the aggregate number of CVRs issued pursuant to the Merger Agreement and this Agreement, without interest (it being understood and agreed that all Milestones or a combination of any two Milestones can be earned in the same year, in which case all such applicable Milestone Amounts shall be payable).