Common use of Competitive Products Clause in Contracts

Competitive Products. If a Competitive Product (as defined below in this Section 4.3) reaches a ****** equal to or greater than ****** percent (******%) of the ****** for the New Product marketed by Novo, then the royalties otherwise payable in accordance with Section 4.1 with respect to such New Product, and the minimum royalties otherwise payable in accordance with Section 4.2, with respect to such New Product shall be ****** by the applicable percentage set forth below: ****** of Competitive Product ******Royalty Rate Otherwise Payable More than ****** ****** More than ****** ****** More than ****** ****** More than ****** ******

Competitive Products. If a Competitive Product (as defined below in this Section 4.3) reaches a ****** equal to or greater than ****** percent (******%) of the ****** for the New ****** Product or the New ****** Product marketed by Novo, then the royalties otherwise payable in accordance with Section 4.1 with respect to such New Product, and the minimum royalties otherwise payable in accordance with Section 4.2, with respect to such New Product shall be ****** reduced by the applicable percentage set forth below: ****** of Competitive Product ******Reduction of Royalty Rate Otherwise Payable More than ****** ****** More than ****** More than ****** More than ****** ****** More than ****** ******

Competitive Products. If a Competitive Product (as defined below in this Section 4.3) reaches a ****** equal to or greater than ****** percent (******%) of the ****** for the a New Product marketed by Novo, then the royalties otherwise payable in accordance with Section 4.1 with respect to such New Product4.1, and the minimum royalties otherwise payable in accordance with Section 4.2, with respect to such the New Product shall be ****** reduced by the applicable percentage set forth below: ****** of Competitive Product ******Reduction of Royalty Rate Otherwise Payable More than ***** More than ***** *More than ***** More than ****** ****** More than ****** ****** More than ****** ******

Competitive Products. If a Competitive Product (as defined below in this Section 4.3) reaches a ****** equal to or greater than ****** percent (******%) of the ****** market for the a New Product marketed by Novo, then the royalties otherwise payable in accordance with Section 4.1 with respect to such New Product4.1, and the minimum royalties otherwise payable in accordance with Section 4.2, with respect to such the New Product shall be ****** by the applicable percentage set forth below: ****** Market Share of Competitive Product ******* Royalty Rate Otherwise Payable More than ****** ****** More than ****** More than ****** More than ****** ****** More than ****** ******

Competitive Products. If a Competitive Product (as defined below in this Section 4.3) reaches a ****** equal to or greater than ****** percent (******%) of the ****** for the New Product marketed by Novo, then the royalties otherwise payable in accordance with Section 4.1 with respect to such New Product, and the minimum royalties otherwise payable in accordance with Section 4.2, with respect to such New Product shall be ****** by the applicable percentage set forth below: ****** of Competitive Product ******* Royalty Rate Otherwise Payable More than ****** ****** More than ****** ****** More than ****** ****** More than ****** ******