Common use of Example of Calculation Clause in Contracts

Example of Calculation. For example, if Net Sales in the Territory for a ---------------------- Marketing Year total [*], the royalty to be paid by Lundbeck shall be [*] on the first [*] Net Sales, or [*] plus [*] on Net Sales over [*] up to and including [*], or [*] plus [*] on Net Sales over [*] up to and including [*], or [*] plus [*] on Net Sales over [*] up to and including [*], or [*] plus [*] on Net Sales over [*], or [*] for a total royalty of [*].

Appears in 2 contracts

Sources: Licensing Agreement (Centaur Pharmaceuticals Inc), Licensing Agreement (Centaur Pharmaceuticals Inc)