Net Sales Earn-Out Consideration. (i) During the Net Sales Earn-Out Consideration Term, Purchaser shall pay in accordance with Section 2.7 of the Agreement and this Exhibit E an amount of [***] percent ([***]%) of the aggregate Net Sales of Earn-Out Products (“Net Sales Earn-Out Consideration”), which amount shall be non-refundable and non-creditable and not subject to deduction or set-off.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Baudax Bio, Inc.), Purchase and Sale Agreement (Alkermes Plc.), Purchase and Sale Agreement (Recro Pharma, Inc.)
Net Sales Earn-Out Consideration. (i) During the Net Sales Earn-Out Consideration Term, Purchaser shall pay in accordance with Section 2.7 5 of the Agreement and this Exhibit E D an amount of [*** * *] percent ([*** * *]%) of the aggregate Net Sales of Earn-Out Products (“Net Sales Earn-Out Consideration”), which amount shall be non-refundable and non-creditable and not subject to deduction or set-off.
Appears in 2 contracts
Samples: Transfer and License Agreement (Baudax Bio, Inc.), Transfer and License Agreement (Recro Pharma, Inc.)
