Royalties and Bare Sublicense Revenue. As consideration for the Calyxt License, Calyxt shall pay to Cellectis the following amounts during the following periods: (a) With respect to each Calyxt Licensed Product in any jurisdiction, three percent (3%) of all Net Sales of such Calyxt Licensed Product in such jurisdiction during the Royalty Term for such Calyxt Licensed Product; and (b) thirty percent (30%) of all Bare Sublicense Revenue during the Sublicense Revenue Term.
Appears in 4 contracts
Samples: License Agreement (Cellectis S.A.), License Agreement (Calyxt, Inc.), License Agreement (Cellectis S.A.)
Royalties and Bare Sublicense Revenue. As consideration for the Calyxt License and XXXXX Xxxx License, Calyxt shall pay to Cellectis the following amounts during the following periods:
(a) With respect to each Calyxt Licensed Product in any jurisdiction, three percent (3( %) of all Net Sales of such Calyxt Licensed Product in such jurisdiction during the Royalty Term for such Calyxt Licensed Product; and
(b) thirty percent (30( %) of all Bare Sublicense Revenue during the Sublicense Revenue Term.
Appears in 1 contract
Samples: License Agreement (Calyxt, Inc.)
