Common Contracts
2 similar null contracts
FastTrack Startup License AgreementNew York • May 31st, 2022
Pass through royalty, plus 25% of other Sublicense Income that Company receives until the earlier of (a) Regulatory Approval or (b) first sale of the first Licensed Product that is the subject of the Sublicense, plus 15% of other Sublicense Income thereafter. Pass through royalty means that, when computing the royalty due to Cornell, the same royalty rate selected in Item L will also apply to all Net Sales for which a Sublicensee of Company is the seller.
FastTrack Startup License AgreementNew York • January 26th, 2022
Pass through royalty, plus 25% of other Sublicense Income that Company receives until the earlier of (a) Regulatory Approval or (b) first sale of the first Licensed Product that is the subject of the Sublicense, plus 15% of other Sublicense Income thereafter. Pass through royalty means that, when computing the royalty due to Cornell, the same royalty rate selected in Item L will also apply to all Net Sales for which a Sublicensee of Company is the seller.
