Net Profit Share. During the Initial Term and any renewal periods, Athenex shall pay to Gland a payment equivalent to percent (%) of the Net Profits from sale of the Products as defined in Schedule A. Athenex will provide payment to Gland on a quarterly basis not more than Thirty (30) days following the end of each quarterly period following the Launch Date. Each payment shall be accompanied by a statement showing the Net Sales of the product for the applicable quarter, the aggregate Transfer Price paid for the units sold, and the calculation of the Net Profit Share. “
Net Profit Share. Manager shall pay CRDA a profit share based on achievement of certain Net Profit thresholds in each Contract Year (“Profit Share”) in accordance with Manager’s certified audit described in Section 8.08, as adjusted on the basis of CRDA’s audit, as follows:
Net Profit Share. 6.3.1 ETON shall pay to Sintetica the first five hundred y thousand ($500,000) of Net Profits from sales by ETON of the Products in the Territory. After five hundred thousand ($500,000) is paid to Sintetica, ETON and Sintetica will share the Net Profits from sales by ETON of the Products in the Territory, if any, as follows: (a) ETON’s share is fifty percent (50%) of Net Profits, and (b) Sintetica’s share is fifty percent (50%) of Net Profits (the “Sintetica Net Profit Share”).
Net Profit Share. Net Profit generated by IDP Portugal from the Project shall be split ninety percent (95%) to IDP Canada and five percent (5%) to Xxxxxxx (the “Net Profit Share”).
Net Profit Share. 3% of the Net Profit of the Film shall be shared among the Artists in the Film according to the formula set out in the Agreement.
Net Profit Share. Net Profit generated by IDP India from the Joint Venture shall be shared in accordance with the Net Profit Share.
Net Profit Share. (a) Following the First Commercial Sale of any Licensed Product in the Field in the Collaboration Territory, KVK shall pay to KemPharm an initial percentage of the Net Profits (if any), in accordance with the table below (“Net Profit Sharing Percentage”; such profit share, the “Net Profit Share”). Aggregate amount of Net Sales of Licensed Products sold in previous Rolling Year Net Profit Share Less than or equal to [*] 70% to KVK / 30% to KemPharm Greater than [*] but less than or equal to [*] [*]% to KVK / [*]% to KemPharm Greater than [*] 50% to KVK / 50% to KemPharm For clarity, once a certain Net Profit Sharing Percentage is reached with respect to a given Rolling Year, irrespective of the amount of future Net Sales in subsequent calendar quarters, the Net Profit Sharing Percentage shall not reset to a lower Net Profit Sharing Percentage for subsequent Rolling Years. An hypothetical example computation of Net Profit Share is attached hereto as Exhibit E.
Net Profit Share. Both parties agree that the net profits of the JV will be split between iOcean and ITonis on a 51% and 49% basis respectively.