Percentage Royalty. As additional consideration for the rights granted under this Agreement, Licensee shall pay to Licensor a running royalty on a country-by-country basis in the amount of [ * ] of Net Sales of Licensed Products.
Appears in 2 contracts
Samples: License Agreement (Ista Pharmaceuticals Inc), License Agreement (Ista Pharmaceuticals Inc)
Percentage Royalty. As additional consideration for ------------------ the rights exclusive license granted under this Agreementpursuant to Section 2.1 hereof, Licensee shall pay to Licensor a running continuing royalty on a country-by-country basis in the amount of [ * ] (i) three percent (3%) of Net Sales of Licensed ProductsProducts made, used or sold in any country where the Licensed Technology utilized therein is protected by a valid patent.
Appears in 2 contracts
Samples: License Agreement (Aastrom Biosciences Inc), License Agreement (Aastrom Biosciences Inc)
Percentage Royalty. As additional consideration for the rights exclusive license granted under this Agreementpursuant to Section 2 hereof, Licensee shall pay to Licensor a running royalty on a country-by-country basis in basis, based upon the amount of [ * ] of Net Sales of Licensed Products.Products sold in each country, as follows:
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