Revenue Sharing. 7.1 Any Revenue generated from Commercialization activities shall be shared by the University and the Researchers as a group with seventy-five percent (75%) paid jointly to the Researchers, which shall be divided between the Researchers and the Other Participants in accordance with Addendum “C”, and twenty-five percent (25%) paid to the University. Where the University has incurred Direct Costs, such distribution of Revenue shall occur only following the University’s full recovery of all of the Direct Costs.
Appears in 8 contracts
Samples: Researchers Agreement, Researchers Agreement, Researchers Agreement
