Common use of Know-How Reduction Clause in Contracts

Know-How Reduction. During the applicable Royalty Term and on a country-by-country and Pathogen Combination Product-by-Pathogen Combination Product basis, the royalty rate for a Pathogen Combination Product in a country shall be reduced by [*****] of the applicable rate determined pursuant to Section 8.3.1, if such Pathogen Combination Product is not or no longer Covered by a Valid Claim in such country. For clarity, this reduction shall not apply to the calculation of Net Sales for the purposes of the Net Profit split.

Appears in 4 contracts

Samples: Covid Cla Third Amendment and Restatement Agreement (CureVac N.V.), Covid Cla Amendment and Restatement Agreement (CureVac N.V.), Covid Collaboration and License Agreement

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