Work in Progress. Upon termination of this Agreement, CELGENE shall be entitled to, but shall not be obligated to finish any work-in-progress at the time of termination and sell the same as well as all completed inventory of PRODUCTS which remains on hand as of the date of the termination, so long as CELGENE pays to ENTREMED the royalties applicable to said subsequent sales in accordance with the same terms and conditions as set forth in this Agreement.
Appears in 4 contracts
Samples: CMCC Agreement (Entremed Inc), Agreement (Celgene Corp /De/), Agreement (Celgene Corp /De/)
Work in Progress. Upon termination of this Agreement, CELGENE shall be entitled toentitled, but shall not be obligated obligated, to finish any work-in-progress at the time of termination and sell the same as well as all completed inventory of PRODUCTS which remains on hand as of the date of the termination, so long as CELGENE pays to ENTREMED CMCC and BIOVENTURE the royalties applicable to said subsequent sales in accordance with the same terms and conditions as set forth in this Agreement.
Appears in 3 contracts
Samples: License Agreement (Celgene Corp /De/), License Agreement (Pharmion Corp), Agreement (Celgene Corp /De/)
Work in Progress. Upon termination of this Agreement, CELGENE shall be entitled toentitled, but shall not be obligated obligated, to finish any work-in-progress at the time of termination and sell the same as well as all completed inventory of PRODUCTS which remains on hand as of the date of the termination, so long as CELGENE pays to ENTREMED CMCC and BIOVENTURE the royalties applicable to said subsequent sales in accordance with the same terms and conditions as set forth in this Agreement.. 15.7
Appears in 1 contract
Samples: www.sec.gov
