Non-Royalty Sublicense Income. Licensee will pay Elkurt an amount equal to (a) [####] of all Non-Royalty Sublicense Income for any Sublicense executed prior to the First Commercial Sale and (b) [####] of all Non-Royalty Sublicense Income for any Sublicense executed after the First Commercial Sale.
Appears in 5 contracts
Samples: Exclusive License Agreement, Exclusive License Agreement (Ocean Biomedical, Inc.), Exclusive License Agreement (Ocean Biomedical, Inc.)
Non-Royalty Sublicense Income. Licensee will pay Elkurt an amount equal to (a) [####] ]of all Non-Royalty Sublicense Income for any Sublicense executed prior to the First Commercial Sale and (b) [####] ]of all Non-Royalty Sublicense Income for any Sublicense executed after the First Commercial Sale.
Appears in 1 contract
Samples: Exclusive License Agreement (Ocean Biomedical, Inc.)