Common use of Allocation of Awards Clause in Contracts

Allocation of Awards. Unless otherwise agreed to by the Parties as part of any cost-sharing arrangement, any recoveries resulting from an action under this Section 8.3 relating to a claim of Third Party Infringement with respect to Xxxxxxx Patent Rights (after payment of costs and expenses relating to such action incurred by each Party) will be […***…]; provided, however, that, if Company brought and controlled such action, […***…].

Appears in 2 contracts

Samples: License Agreement (Kura Oncology, Inc.), License Agreement (Kura Oncology, Inc.)

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Allocation of Awards. Unless otherwise agreed to by the Parties as part of any cost-sharing arrangement, any recoveries resulting from an action under this Section 8.3 relating to a claim of Third Party Infringement with respect to Xxxxxxx Patent Rights (after payment of costs and expenses relating to such action incurred by each Party) will be […***…retained by [ * ]; provided, however, that, if Company brought any portion of such recovery (after payment of each Party’s costs and controlled expenses related to such action) is attributable to [ * ], […***…][ * ] shall pay to [ * ] an amount equal to [ * ] under this Agreement.

Appears in 1 contract

Samples: License Agreement (Celladon Corp)

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Allocation of Awards. Unless otherwise agreed to by the Parties as part of any cost-sharing arrangement, any recoveries resulting from an action under this Section 8.3 relating to a claim of Third Party Infringement with respect to Xxxxxxx Patent Rights (after payment of costs and expenses relating to such action incurred by each Party) will be [***]; provided, however, that, if Company brought and controlled such action, [***].

Appears in 1 contract

Samples: License Agreement (Kura Oncology, Inc.)

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