Royalty Amount. Mayo shall pay to Licensor, on a calendar quarter basis, royalties equal to six percent (6 %) of the Net Sales of Licensed Products or Licensed Services.
Appears in 4 contracts
Sources: Nonexclusive Patent License Agreement (AutoGenomics, Inc.), Nonexclusive Patent License Agreement (AutoGenomics, Inc.), Nonexclusive Patent License Agreement (AutoGenomics, Inc.)