Royalties Records and Reports. 3.1. During the term of this Agreement, unless sooner terminated, IgX shall pay to LICENSOR, in the manner hereinafter provided, earned royalties at the rate of five percent (5%) of the NET SALES PRICE of all LICENSED PRODUCT(S) sold by IgX and its SUBLICENSEE(S), anywhere in the world.
Appears in 4 contracts
Samples: License Agreement (Igx Corp/De), License Agreement (Igx Corp/De), Research Agreement (Igx Corp/De)
Royalties Records and Reports. 3.1. 3.1 During the term of this Agreement, unless sooner terminated, IgX shall pay to LICENSOR, in the manner hereinafter provided, earned royalties at the rate of five percent (5%) of the NET SALES PRICE of all LICENSED PRODUCT(S) sold by IgX and its SUBLICENSEE(S), anywhere in the world.
Appears in 1 contract
Samples: License Agreement (Igx Corp/De)
