Common use of Other GI Products in the United States Clause in Contracts

Other GI Products in the United States. Provided that Adolor -------------------------------------- elects to fund Development Expenses for a GI Product (other than the OBD Chronic Product) pursuant to Section 4.6.5 and subject to reconciliation as provided in Section 6.7.5, Adolor shall, from and after the date of such election, be responsible and pay for ** percent (**%) and GSK shall be responsible and pay for ** percent (**%) of the Marketing Expenses for such GI Product (other than the OBD Chronic Product) in the United States until the First Commercial Sale occurs for such GI Product. Thereafter, Marketing Expenses for a GI Product (other than the OBD Chronic Product) shall be shared in accordance with the sharing of the GI Product Marketing Contribution for such GI Product (other than the OBD Chronic Product) as adjusted pursuant to Section 6.3.4. Notwithstanding the foregoing, upon notice by Adolor to GSK of a Royalty Conversion Election, GSK shall be solely responsible and pay for all Marketing Expenses relating to periods after such notice for such GI Product for which the Royalty Conversion Election was made.

Appears in 5 contracts

Samples: Collaboration Agreement (Adolor Corp), Collaboration Agreement (Adolor Corp), Collaboration Agreement (Adolor Corp)

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