Common use of Royalties Generally Clause in Contracts

Royalties Generally. MEW agrees to pay to Licensor a royalty ("Royalty Fee") equal to one percent (1%) of Net Selling Price of all Products sold by MEW or its sublicensees, in countries where the Patents or any of them are registered and issued, during the term of this Agreement; subject, however, to the exceptions set forth below.

Royalties Generally. MEW agrees to pay to Licensor a royalty ("Royalty Fee") equal to one percent [*************************************** percent] [(1***%) )] of Net Selling Price of all Products sold by MEW or its sublicensees, in countries where the Patents or any of them are registered and issued, during the term of this Agreement; subject, however, to the exceptions set forth below.