Common use of Additional Sales Milestone Payment Terms Clause in Contracts

Additional Sales Milestone Payment Terms. 10.8.4.1. Each Sales Milestone shall be payable only once per Licensed Target, the first time worldwide Annual Net Sales for all Licensed Products in a Calendar Year for such Licensed Target exceeds the relevant threshold set forth above. 10.8.4.2. The Sales Milestone Payments in this Section 10.8 are [***]

Appears in 4 contracts

Samples: Collaboration Agreement (Coherus BioSciences, Inc.), Collaboration Agreement (Surface Oncology, Inc.), Collaboration Agreement (Surface Oncology, Inc.)

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