Know-How Reduction. If, during the Royalty Term for a Product and country, there is no Valid Claim of a CG Patent in such country Covering such Product, Aptose shall pay royalties on Net Sales of such Product in such country at a rate of two percent (2%) of Net Sales of such Product in such country.
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Samples: Option and License Agreement (Aptose Biosciences Inc.), Option and License Agreement (Aptose Biosciences Inc.), Option and License Agreement
Know-How Reduction. If, during the Royalty Term for a Product and countryProduct, there is no Valid Claim of a CG Patent in such country the Licensed Territory Covering such Product, Aptose shall pay royalties on Net Sales of such Product in such country the Licensed Territory at a rate of two percent (2%) [**] of Net Sales of such Product in such countrythe Licensed Territory.
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