Compensation Mechanisms Sample Clauses

Compensation Mechanisms. (Fixed fee or revenue, either one of the other) (FIXED FEE): The Compensation Mechanism is determined as a fixed yearly amount to be paid during the Compensation Period, as further detailed in Annex 1 (“Compensation Amount”), or (REVENUE SHARING): The Compensation Mechanism is determined as a yearly percentage of the revenues resulting from Successful Commercialisation (“Compensation Amount”); the Compensation Amount has to be paid yearly during the Compensation Period, as further detailed in Annex 1.

Compensation Mechanisms