Common use of Know-How Royalty Clause in Contracts

Know-How Royalty. For any period during the Royalty Term in which the sale of a Product in any country is not covered by a Valid Claim which, but for the licenses granted in this Agreement, would be infringed by the manufacture, use or sale of such Product in such country, then the royalty rates applicable to Net Sales of such Product in such country during such period shall be reduced by [*****], according to the methodology provided in Section 11.5 below.

Know-How Royalty. For any period If a Product is generating Net Sales in a country in the Licensed Territory during the Royalty Term in which the sale of at a Product in any country time when there is not covered by a no Valid Claim which, but for covering the licenses granted in this Agreement, would be infringed by the manufacture, use or sale of such Product in such country, then the royalty rates applicable to Net Sales of such Product during the Royalty Term in such country during such period pursuant to Section 8.3(a) shall be reduced by [***] percent ([**], according to the methodology provided in Section 11.5 below%).

Know-How Royalty. For any period during the Royalty Term in which (i) the sale of a Product in any country is not covered by a Valid Claim which, but for covering such Product or (ii) the licenses granted in this Agreement, would be infringed by the manufacture, use or sale of such a Product in such countryany country is covered only by a Valid Claim in Joint IP, then the royalty rates applicable Royalty Rate with respect to Net Sales of such Product in such country during such period for the remainder of the applicable Royalty Term shall be reduced by [*****], according to . The Parties acknowledge that continued payment of royalties during remaining period of the methodology provided Royalty Term at such reduced rate shall be consideration for the Know-How included in Section 11.5 belowthe License.

Know-How Royalty. For any period during the Royalty Term in which the sale of a Product in any country is not covered by a Valid Claim which, but for the licenses granted in this Agreement, would be infringed by the manufacture, use or sale of such Product in such country, then the royalty rates applicable to Net Sales of such Product in such country during such period shall be reduced by [*****], according to the methodology provided in Section 11.5 below.. Confidential materials omitted and filed separately with the Securities and Exchange Commission. Asterisks denote such omission. 26