Payments - Outside the United States and Canada Sample Clauses

Payments - Outside the United States and Canada. (a) For sales of Joint Product which comprise a Type II or Type III Drug Candidate in all countries outside the USA and Canada, ROCHE shall pay TRIMERIS a royalty on Net Sales of Joint Product outside the USA and Canada. The rate of this royalty payment will be decided jointly by the Parties in order to allow each Party to recover an approximately 50% share (or the adjusted share in accordance with Section 4.7) of the profit outside the USA and Canada proportional to its contribution to the research, development and commercialization efforts related to the sales of Joint Product outside the USA and Canada. The Parties shall decide upon this royalty rate no later than three months after the filing of an application for Regulatory Approval in the EU for the applicable Joint Product. This royalty rate shall be revised by the Parties annually in each month of January as necessary to appropriately reflect the agreed upon profit share. (b) For sales of Joint Product which comprise a Type I Drug Candidate in all countries outside the USA and Canada, Roche shall pay Trimeris a royalty of *.
Sample 1
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Payments - Outside the United States and Canada. (a) Royalties for Product 1 and 2. For sales of Product 1 and 2 in all countries outside the USA and Canada, Roche shall pay Trimeris a royalty of (i) * for that portion on Net Sales of Product outside the USA and Canada up to and including * and (ii) * for that portion on Net Sales of Product outside the USA and Canada above * ("ex-US Royalties"). (b) Royalties for Products other than Product 1 and 2. For sales of Products other than Product 1 and 2 in all countries outside the USA and Canada, Roche shall pay Trimeris a royalty of (i) * for that portion on Net Sales of Product outside the USA and Canada up to and including * and (ii) * for that portion on Net Sales of Product outside the USA and Canada above * ("ex-US Royalties").
Sample 1

Related to Payments - Outside the United States and Canada

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