For CATEGORY A Sample Clauses
The 'For CATEGORY A' clause designates specific terms, conditions, or provisions that apply exclusively to a defined group or classification labeled as Category A. In practice, this clause might outline unique rights, obligations, or procedures that differ from those applicable to other categories, such as special pricing, eligibility requirements, or service levels for Category A members. Its core function is to clearly distinguish and tailor contractual treatment for Category A, ensuring that the agreement addresses the unique needs or status of this group and avoids ambiguity regarding their entitlements or responsibilities.
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For CATEGORY A a) In case of sales or other commercial use of a LICENSED PRODUCT by a sublicensee, […***…]% on NET SALES invoiced by sublicensee; and
b) In case of sales or other commercial use of a LICENSED SERVICE by a sublicensee, […***…]% on NET SALES invoiced by sublicensee; and
c) […***…]% of other payments (execution fee, milestones, payments in consideration of the issuance of equity, etc., but excluding royalty payments, loans, profit sharing payments (so long as LICENSEE pays the NET SALES royalties in Section 4.4 on LICENSED PRODUCT and/or LICENSED SERVICE NET SALES), cost-covering supply reimbursement and cost-covering reimbursements for research or development activities) received by LICENSEE from a sublicensee as a quid pro quo for the grant of the sublicense (hereinafter “Other Payments”)