Royalty on NET REVENUES. 2.1. In consideration of the license of the DDS IONTOPHORETIC PATENT RIGHTS to IOMED, and subject to the provisions of Article IV paragraphs 2.2. and 2.3, the royalty payable by IOMED to DDS shall be **** percent (****%) on NET REVENUES generated on or after the EFFECTIVE DATE.
Appears in 4 contracts
Samples: Agreement (Iomed Inc), Agreement Contains Confidential Terms (Iomed Inc), Iomed Inc