General form of registration statement for all companies including face-amount certificate companies

Commitments and Contingencies (Tables)

v2.4.1.9
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2013
Schedule of Contractual Commitments of the non-cancellable Portion

Pieris AG’s contractual commitments of the non-cancellable portion under this operating lease as of December 31, 2013 are as follows:

 

     Total  

2014

   $ 200,433   
License Agreement  
Schedule of minimum license fee commitment

The table below shows the annual license fee commitments under the two agreements as of December 31, 2013:

 

     License
payments
 

2014

   $ 110,128   

2015

     110,128   

2016

     110,128   

2017

     110,128   

2018

     110,128   

Thereafter

     867,258   
  

 

 

 

Total minimum license payments

$ 1,417,898