Common use of Consideration Generally Clause in Contracts

Consideration Generally. In consideration for the performance of Kowa’s obligations hereunder, including compensation for Kowa’s Detailing efforts hereunder, during the Term Amarin shall pay Kowa a Quarterly percentage of the Gross Margin for the Product in the Territory (the “Co-Promote Fee”). In addition, following the expiration or earlier termination of the Term, under certain circumstances, Amarin shall pay to Kowa the Tail Period Payments, all as detailed herein.

Appears in 2 contracts

Sources: Co Promotion Agreement, Co Promotion Agreement (Amarin Corp Plc\uk)