Royalty Reports and Payments. Within sixty (60) days after the end of each calendar quarter, Eton shall deliver to Eyemax a report showing for such calendar quarter in reasonably specific detail the calculation of the royalties owing to Eyemax. Eton shall remit the total payments due during such calendar quarter at the time such report is made. Payment in whole or in part may be made in advance of such due date. No such reports or payments shall be due for any Product before the First Commercial Sale of such Product.
Appears in 4 contracts
Samples: Exclusive Sales and Marketing Agreement (Eton Pharmaceuticals, Inc.), Exclusive Sales and Marketing Agreement (Eton Pharmaceuticals, Inc.), Exclusive Sales and Marketing Agreement (Eton Pharmaceuticals, Inc.)
