Common use of Compensation for Distribution Services Clause in Contracts

Compensation for Distribution Services. GSK shall -------------------------------------- receive ** percent (**%) of Net Sales in the United States as the sole compensation to GSK for the services to be provided in the United States pursuant to Section 5.5.2(b) (the "Distribution Services Fee") for Adolor ------------------------- Products and for GI Products where Adolor funds Development of such GI Product and has not made a Royalty Conversion Election, which amount shall be paid in accordance with this Article 6. Within one hundred eighty (180) days after the Effective Date, the Parties shall negotiate in good faith a distribution services agreement with respect to the foregoing.

Appears in 5 contracts

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

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!