Common use of Ciba Clause in Contracts

Ciba. Geigy acknowledges that, in accordance with its sole right to determine the overall marketing and sales strategy for the Product(s), and in consideration of the input to same which, from time to time may be provided by Tanox, it shall provide Tanox with a commercially reasonable opportunity to achieve its * compensation of Ciba-Geigy Profits as defined above.

Appears in 2 contracts

Sources: Development and Licensing Agreement (Tanox Inc), Development and Licensing Agreement (Tanox Inc)