Common use of SHARE OF PROFITS Clause in Contracts

SHARE OF PROFITS. As a retribution for the license granted in provision SIXTH, THE COMPANY agrees to pay CONICET and THE UNL a percentage of the Gross Profits earned from the transfer and / or trading of any product that contains or is manufactured as per the New Technology and/or the Patent Applications and / or the Gross Profits earned from granting sublicenses on the New Technology and /or Patent Applications to third parties. In case of sublicenses, the base for the calculation of the percentage shall not be altered.

Appears in 5 contracts

Samples: Bioceres S.A., Bioceres S.A., Bioceres S.A.

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.