Common use of Blocked Country Clause in Contracts

Blocked Country. If at any time a Product is sold in a country in which conditions or legal restrictions exist which prohibit remittance of USD or Swiss Francs (“Blocked Country”) the following provisions shall apply to the payment of the corresponding royalty, depending on where the Product is made: (a) If such Product is made in the same or another Blocked Country, Roche shall make such royalty payment by depositing the amount thereof in the currency of the country of sale or manufacture, at Trimeris’ election, to Trimeris’ account in a bank designated by Trimeris in such country. (b) If such Product is made in a country which is not a Blocked Country, then a “number” shall be obtained by multiplying the applicable royalty rate by the price at which the Product is sold to the entity selling in the Blocked Country. Roche or its Affiliate (i) shall pay that “number” to Trimeris as converted to USD in accordance with Section 7.6, and (ii) shall deposit the excess of the applicable royalty over the “number”, in the currency of the country of sale of the Product, to Trimeris’ account in a bank designated by Trimeris in such Blocked Country.

Blocked Country. If at any time a Joint Product is sold in a country in --------------- which conditions or legal restrictions exist which prohibit remittance of USD or Swiss Francs CHF (“"Blocked Country”") the following provisions shall apply to the payment of the corresponding royalty, depending on where the Joint Product is made: (a) If such Joint Product is made in the same or another Blocked Country, Roche ROCHE shall make such royalty payment by depositing the amount thereof in the currency of the country of sale or manufacture, at Trimeris’ TRIMERIS's election, to Trimeris’ TRIMERIS's account in a bank designated by Trimeris TRIMERIS in such country. (b) If such Joint Product is made in a country which that is not a Blocked Country, then a “"number” " shall be obtained by multiplying the applicable royalty rate by the price at which the Joint Product is sold to the entity selling in the Blocked Country. Roche ROCHE or its Affiliate (i) shall pay that “"number” " to Trimeris TRIMERIS as converted to USD in accordance with Section 7.67.7, and (ii) shall deposit the excess of the applicable royalty over the “"number”", in the currency of the country of sale of the Joint Product, to Trimeris’ TRIMERIS's account in a bank designated by Trimeris TRIMERIS in such Blocked Country.

Blocked Country. If at any time a Product is sold in a country in which conditions or legal restrictions exist which prohibit remittance of USD United States dollars or Swiss Francs (“"Blocked Country”") the following provisions shall apply to the payment of the corresponding royalty, depending on where the Product is made: (a) If such Product is made in the same or another Blocked Country, Roche ROCHE shall make such royalty payment by depositing the amount thereof in the currency of the country of sale or manufacture, at Trimeris’ PRAECIS's election, to Trimeris’ PRAECIS's account in a bank designated by Trimeris PRAECIS in such country. (b) If such Product is made in a country which is not a Blocked Country, then a “"number” " shall be obtained by multiplying the applicable royalty rate by the price at which the Product is sold to the entity selling in the Blocked Country. Roche ROCHE or its Affiliate (i) shall pay that “"number” " to Trimeris PRAECIS as converted to USD US Dollars in accordance with Section 7.66.9, and (ii) shall deposit the excess of the applicable royalty over the “"number”", in the currency of the country of sale of the Product, to Trimeris’ PRAECIS's account in a bank designated by Trimeris PRAECIS in such Blocked Country.

Blocked Country. If at any time a Product is sold in a country in which conditions or legal restrictions exist which prohibit remittance of USD or Swiss Francs CHF (“"Blocked Country”") the following provisions shall apply to the payment of the corresponding royalty, depending on where the Product is made: (a) If such Product is made in the same or another Blocked Country, Roche shall make such royalty payment by depositing the amount thereof in the currency of the country of sale or manufacture, at Trimeris’ 's election, to Trimeris’ 's account in a bank designated by Trimeris in such country. (b) If such Product is made in a country which is not a Blocked Country, then a “"number” " shall be obtained by multiplying the applicable royalty rate by the price at which the Product is sold to the entity selling in the Blocked Country. Roche or its Affiliate (i) shall pay that “"number” " to Trimeris as converted to USD in accordance with Section 7.66.8, and (ii) shall deposit the excess of the applicable royalty over the “"number”", in the currency of the country of sale of the Product, to Trimeris’ 's account in a bank designated by Trimeris in such Blocked Country.