Common use of Assignment of ROW Trademarks Clause in Contracts

Assignment of ROW Trademarks. In the event that GSK decides to no ---------------------------- longer Commercialize a Collaboration Product in the ROW, GSK shall assign, at Adolor's cost, any rights it may have in the GI Product Trademarks or ROW Trademarks, as applicable, to Adolor and Adolor shall pay to GSK a trademark royalty of ** percent (**%) on Net Sales of Collaboration Products in the ROW for so long as Adolor uses such assigned GI Product Trademark or ROW Trademark, as applicable, in the ROW in conjunction with the sale of Collaboration Products.

Appears in 5 contracts

Samples: Collaboration Agreement (Adolor Corp), Collaboration Agreement (Adolor Corp), Collaboration Agreement (Adolor Corp)

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