Licensed Product Comprising a Compound. GSK shall pay to FivePrime royalties at the rates set forth below on Net Sales of each Licensed Product that comprises a Compound: Portion of aggregate worldwide Net Sales for such Licensed Product that is less than *** Dollars ($***) ***% Portion of aggregate worldwide Net Sales for such Licensed Product that is equal to or greater than *** Dollars ($***) and less than *** Dollars ($***) ***% Portion of aggregate worldwide Net Sales for such Licensed Product that is equal to or greater than *** Dollars ($***) ***%
Appears in 2 contracts
Samples: Respiratory Diseases Research Collaboration and License Agreement (Five Prime Therapeutics Inc), Research Collaboration and License Agreement (Five Prime Therapeutics Inc)
Licensed Product Comprising a Compound. GSK shall pay to FivePrime royalties at the rates rate set forth below on Net Sales of each Licensed Product that comprises a Compound: Portion of aggregate worldwide Net Sales for such Licensed Product that is less than *** Dollars ($***) ***% Portion of aggregate worldwide Net Sales for such Licensed Product that is equal to or greater than *** Dollars ($***) and less than *** Dollars ($***) ***% Portion of aggregate worldwide Net Sales for such Licensed Product that is equal to or greater than *** Billion Dollars ($***) ***%
Appears in 2 contracts
Samples: Research Collaboration and License Agreement (Five Prime Therapeutics Inc), Research Collaboration and License Agreement (Five Prime Therapeutics Inc)