Common use of Sublicense Income Clause in Contracts

Sublicense Income. (a) Except as set forth in Sections 5.5(b) and 5.5(c) of this Agreement, in the event that, pursuant to Section 3.3 of this Agreement, LICENSEE grants a sublicense under its rights in Section 3.1 of this Agreement and receives Sublicense Income from a Sublicensee in respect of such grant within the period set forth below under the heading “Calendar Year,” LICENSEE agrees to pay TUFTS a percentage of such Sublicense Income as follows: CALENDAR YEAR % OF SUBLICENSE INCOME PAYABLE TO TUFTS Prior to and including December 31, 2017 [***] 2018 [***] 2019 [***] 2020 [***] 2021 [***] Starting on January 1, 2022 and all years thereafter until the expiration or termination of this Agreement pursuant to Article X of this Agreement. [***]

Sublicense Income. (a) Except as set forth in Sections Section 5.5(b) and 5.5(c) of this Agreement, in the event that, pursuant to Section 3.3 of this Agreement, LICENSEE grants a sublicense under its rights in Section 3.1 of this Agreement and receives Sublicense Income from a Sublicensee in respect of such grant within the period set forth below under the heading “Calendar Year,” LICENSEE agrees to pay TUFTS a percentage of such Sublicense Income as follows: CALENDAR YEAR % OF SUBLICENSE INCOME PAYABLE TO TUFTS Prior to and including December 31, 2017 [***] 2018 [***] 2019 [***] 2020 [***] 2021 [***] Starting on January 1, 2022 and all years thereafter until the expiration or termination of this Agreement pursuant to Article X of this Agreement. [***]