Minimum Annual Royalties. The minimum annual royalties pursuant to Paragraph 3.2 are: [**] year: [**] dollars ($[**]). [**] year: [**] dollars ($[**]). [**] year and each year thereafter until Launch Year: Fifty thousand dollars ($50,000). Launch Year and each year thereafter: One hundred thousand dollars ($100,000).
Appears in 3 contracts
Samples: Exclusive License Agreement (Kala Pharmaceuticals, Inc.), Exclusive License Agreement (Kala Pharmaceuticals, Inc.), Exclusive License Agreement (Kala Pharmaceuticals, Inc.)
Minimum Annual Royalties. The minimum annual royalties pursuant to Paragraph 3.2 are: [**] 1st year: [**] dollars ($[**]). [**] year: [**] dollars ($[**]). [**] year and each year thereafter until Launch Year: Fifty thousand dollars ($50,000). Launch Year and each year thereafter—January 1, 2015: One hundred thousand U.S. dollars ($100,000) 2nd year—January 1, 2016: One hundred thousand U.S. dollars ($100,000) January 1 of every year thereafter during the term of the Agreement: Five hundred thousand U.S. dollars ($500,000).
Appears in 2 contracts
Samples: Non Exclusive Sublicense Agreement (Juno Therapeutics, Inc.), License Agreement (Juno Therapeutics, Inc.)
Minimum Annual Royalties. The minimum annual royalties pursuant to Paragraph 3.2 are: [**] 1st year: [**] dollars ($[**]). [**] year: [**] dollars ($[**]). [**] year and each year thereafter until Launch Year: Fifty Ten thousand dollars ($50,00010,000). Launch Year and each year thereafter2nd year: One hundred Ten thousand dollars ($100,00010,000). 3rd year: Twenty five thousand dollars ($25,000). 4th year: Twenty five thousand dollars ($25,000). 5th year etc. Thirty thousand dollars ($30,000).
Appears in 1 contract
