FAILURE TO ACHIEVE INTERNATIONAL PERFORMANCE COMMITMENT Sample Clauses
FAILURE TO ACHIEVE INTERNATIONAL PERFORMANCE COMMITMENT. If for any calendar year, ▇▇▇▇▇▇ fails to *** of the *** for such calendar year with respect to the International Territory, ▇▇▇▇▇▇'▇ share of the split of International Product Profits pursuant to Sections 6.5(a) and (b) shall be reduced by *** for each *** from the *** commitment level. For example, if ▇▇▇▇▇▇ has outlays equal to only *** of *** and it is entitled to *** of the International Product Profits, ▇▇▇▇▇▇'▇ share of the International Product Profits shall be reduced to *** and Triangle's share of the International Product Profit shall be increased to *** . In no event shall the adjustment to International Product Profits exceed *** . For example, if ▇▇▇▇▇▇ would otherwise be entitled to a *** , ▇▇▇▇▇▇'▇ profit split could not fall below *** as a result of this Section 6.8(b). Notwithstanding the foregoing, ▇▇▇▇▇▇ shall not be deemed to have failed to achieve the required percentage of its commitment if such failure resulted from an event of Force Majeure pursuant to Article 19.
