Common use of Sales Volume Bonus Clause in Contracts

Sales Volume Bonus. No later than April 1 of the year following ------------------- the first calendar year in which annual Net Sales of a Patent Product covered by a BC PLPC Pre-Negotiated License exceed [ * ] NN shall pay to ZGI a one-time sales volume bonus of [*]

Appears in 2 contracts

Samples: Option and License Agreement (Zymogenetics Inc), Option and License Agreement (Zymogenetics Inc)

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Sales Volume Bonus. No later than April 1 of the year following ------------------- the first calendar year in which annual Net Sales of a Patent Product covered by a BC PLPC an RoW CPC Pre-Negotiated License exceed [ * [*] NN shall pay to ZGI a one-time sales volume bonus of [*]

Appears in 2 contracts

Samples: Option and License Agreement (Zymogenetics Inc), Option and License Agreement (Zymogenetics Inc)

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Sales Volume Bonus. No later than April 1 of the year following ------------------- the first calendar year in which annual Net Sales of a Patent Product covered by a BC PLPC CPC Pre-Negotiated License exceed [ * [*] NN shall pay to ZGI a one-time sales volume bonus of [*]

Appears in 2 contracts

Samples: Option and License Agreement (Zymogenetics Inc), Option and License Agreement (Zymogenetics Inc)

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