CALCULATIONS AND EXAMPLE Sample Clauses

CALCULATIONS AND EXAMPLE. The royalties in Section 6.3 and 6.4 herein shall be calculated on a country-by-country and Licensed Product-by-Licensed Product basis, by aggregating Net Sales for all applicable countries with Licensed Products of the same type, as in the following example: In France and Germany, only Licensed Products described in Section 6.3(a), but to which Sections 6.3(c) and 6.4 do not apply ("Type A Licensed Products") are sold. In Spain and Portugal, only Licensed Products described in Section 6.3(a) to which Section 6.3(c) does apply (but to which Section 6.4 does not apply, because no amounts described in Section 6.4 are paid to a third party) ("Type B Licensed Products") are sold. In the above example, the Net Sales for France and Germany for Type A Licensed Products shall be aggregated and the applicable royalty for the portions of Net Sales of such Licensed Products * Confidential treatment requested: material has been omitted and filed separately with the Commission. GENENTECH CONFIDENTIAL shall be as set forth in Section 6.3(a). The Net Sales for Spain and Portugal for Type B Licensed Products shall be aggregated and the applicable royalty for the portions of Net Sales of such Licensed Products shall be as set forth in Section 6.3(c). For clarity, the Net Sales amounts for countries with Licensed Product of one type shall not be aggregated with Net Sales amounts for countries with Licensed Product of a different type. In the above example, in calculating royalties, the Net Sales amounts of Type A Licensed Products shall not be aggregated with the Net Sales amounts of Type B Licensed Products.
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Related to CALCULATIONS AND EXAMPLE

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