Common use of Payment of Royalties Clause in Contracts

Payment of Royalties. Xxxxxx shall pay Enanta a royalty based on Annual Net Sales of each Royalty-Bearing Product commencing with the Calendar Year (or partial Calendar Year) in which the First Commercial Sale of such Royalty-Bearing Product occurs and ending upon the expiration of the Royalty Term for such Royalty-Bearing Product, at the following rates (such royalty payments, the “Royalty Payments”): Annual Net Sales Royalty Rate Up to (but not including) [*****] [*****] Equal to or greater than [*****] and up to (but not including) [*****] [*****] Equal to or greater than [*****] and up to (but not including) [*****] [*****] Equal to or greater than [*****] and up to (but not including) [*****] [*****] Equal to or greater than [*****] [*****] For example, if Annual Net sales of a Royalty-Bearing Product were [*****], the royalty payment would be [*****].

Payment of Royalties. Xxxxxx shall pay Enanta a royalty based on Annual Net Sales of each Royalty-Bearing Product commencing with the Calendar Year (or partial Calendar Year) in which the First Commercial Sale of such Royalty-Bearing Product occurs and ending upon the expiration of the Royalty Term for such Royalty-Bearing Product, at the following rates (such royalty payments, the “Royalty Payments”): Annual Net Sales Royalty Rate Up to (but not including) [*****] [****** ] Equal to or greater than [*****] and up to (but not including) [*****] [****** ] Equal to or greater than [*****] and up to (but not including) [*****] [****** ] Equal to or greater than [*****] and up to (but not including) [*****] [****** ] Equal to or greater than [*****] [****** ] Confidential materials omitted and filed separately with the Securities and Exchange Commission. Asterisks denote such omission. For example, if Annual Net sales of a Royalty-Bearing Product were [*****], the royalty payment would be [*****].

Payment of Royalties. Xxxxxx shall pay Enanta a royalty based on Annual Net Sales of each Royalty-Bearing Product commencing with the Calendar Year (or partial Calendar Year) in which the First Commercial Sale of such Royalty-Bearing Product occurs and ending upon the expiration of the Royalty Term for such Royalty-Bearing Product, at the following rates (such royalty payments, the “Royalty Payments”): Annual Net Sales Royalty Rate Up to (but not including) [*****] 10 % Equal to or greater than [*****] and up to (but not including) [*****] [***** ] Equal to or greater than [*****] and up to (but not including) [*****] [****** ] Equal to or greater than [*****] and up to (but not including) [*****] [****** ] Equal to or greater than [*****] and up to (but not including) [*****] [*****] Equal to or greater than [*****] [*****] 20 % For example, if Annual Net sales of a Royalty-Bearing Product were [*****], the royalty payment would be [*****].

Payment of Royalties. Xxxxxx shall pay Enanta a royalty based on Annual Net Sales of each Royalty-Bearing Product commencing with the Calendar Year (or partial Calendar Year) in which the First Commercial Sale of such Royalty-Bearing Product occurs and ending upon the expiration of the Royalty Term for such Royalty-Bearing Product, at the following rates (such royalty payments, the “Royalty Payments”): Annual Net Sales Royalty Rate Up to (but not including) [*****] [****** ] Equal to or greater than [*****] and up to (but not including) [*****] [****** ] Equal to or greater than [*****] and up to (but not including) [*****] [****** ] Equal to or greater than [*****] and up to (but not including) [*****] [****** ] Equal to or greater than [*****] [*****] 20% Confidential materials omitted and filed separately with the Securities and Exchange Commission. Asterisks denote such omission. For example, if Annual Net sales of a Royalty-Bearing Product were [*****], the royalty payment would be [*****].