Common use of Limited Trademark License Clause in Contracts

Limited Trademark License. In the event that Xxxxxx'x rights under this Agreement shall cease, and upon request by SuperGen, Xxxxxx shall xxxxx to SuperGen an exclusive limited license in the International Territory to use the Xxxxxx Trademark(s), solely for the purpose of promoting distributing and selling the Product in the International Territory. SuperGen shall pay Xxxxxx a trademark royalty of two percent (2%) of SuperGen's Net Sales of the Product in the International Territory, subject to the terms of a separate trademark license to be entered into by the Parties.

Appears in 2 contracts

Samples: Development Agreement (Supergen Inc), Development Agreement (Abbott Laboratories)

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Limited Trademark License. In the event that Xxxxxx'x rights under this Agreement shall cease, and upon request by SuperGen, Xxxxxx shall xxxxx grant to SuperGen an exclusive limited license in the International Territory to use the Xxxxxx Trademark(s), solely for the purpose of promoting distributing and selling the Product in the International Territory. SuperGen shall pay Xxxxxx a trademark royalty of two percent (2%) of SuperGen's Net Sales of the Product in the International Territory, subject to the terms of a separate trademark license to be entered into by the Parties.. 14.5

Appears in 1 contract

Samples: www.sec.gov

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Limited Trademark License. In the event that Xxxxxx'x rights under this Agreement shall cease, and upon request by SuperGen, Xxxxxx shall xxxxx to SuperGen an exclusive limited license in the International Territory to use the Xxxxxx Trademark(s), solely for the purpose of promoting distributing and selling the Product in the International Territory. SuperGen shall pay Xxxxxx a trademark royalty of two percent (2%) [_____________] of SuperGen's Net Sales of the Product in the International Territory, subject to the terms of a separate trademark license to be entered into by the Parties.

Appears in 1 contract

Samples: Confidential Treatment (Abbott Laboratories)

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