Common use of Minimum Royalty Clause in Contracts

Minimum Royalty. In no event will the Royalty payable by Verve to Acuitas for any Licensed Product and without regard to any Royalty reductions under subparagraph (a) and/or (b) above, be less than the Royalty payable using a royalty rate of [**] percent ([**]%) (the “Minimum Royalty”).

Minimum Royalty. In no event will the Royalty payable by Verve to Acuitas for any Licensed Product and without regard to any Royalty reductions under subparagraph (a) and/or or (b) above, be above result in a Royalty payable by Scribe to Acuitas for any Licensed Product that is less than the Royalty payable using a royalty rate of [**] percent ([**]%) (the “Minimum Royalty”).

Minimum Royalty. In no event will the Royalty payable by Verve GreenLight to Acuitas for any Licensed Product and without regard to any Royalty reductions under subparagraph (a) and/or (b) above, be less than the Royalty payable using a royalty rate of [***] percent ([**]%) (the “Minimum Royalty”).

Minimum Royalty. In no event will the Royalty reductions under subsection (a) or (b) above result in a Royalty payable by Verve Metagenomi to Acuitas for any Licensed Product and without regard to any Royalty reductions under subparagraph (a) and/or (b) above, be that is less than the Royalty payable using a royalty rate of [**] percent (*], or for an Orphan Drug Licensed Product [**]%) *] (the “Minimum Royalty”).

Minimum Royalty. In no event will the Royalty payable by Verve to Acuitas for any Licensed Product and without regard to any Royalty reductions under subparagraph (a) and/or or (b) above, be above result in a Royalty payable by Omega to Acuitas for any Licensed Product that is less than the Royalty payable using a royalty rate of [***] percent ([***]%) (the “Minimum Royalty”).