Common use of Royalty Term Clause in Contracts

Royalty Term. The Royalty will be payable on a Product-by-Product and country-by-country basis from First Commercial Sale in such country until (i) such Product is no longer Covered by a Valid Patent Claim in such country or (ii) ten (10) years after the First Commercial Sale of such Product in such country, whichever is later (the “Royalty Term”); provided that in the event of […***…], then the Royalty payable with respect to Product sales in such country shall be reduced by […***…] during the Royalty Term for so long as such […***…].

Royalty Term. The Product Royalty will be payable on a Product-by-Product and country-by-country basis from First Commercial Sale of such Product in such country until (i) such Product is no longer Covered by a Valid Patent Claim in such country or (ii) ten (10) years after the First Commercial Sale of such Product in such country, whichever is later (the “Product Royalty Term”); provided that in the event of […***…], then the Royalty payable with respect to Product sales in such country shall be reduced by […***…] during the Royalty Term for so long as such […***…].

Royalty Term. The Royalty will be payable on a Product-by-Product and country-by-country basis from First Commercial Sale in such country until (i) such Product is no longer Covered by a Valid Patent Claim in such country or (ii) ten (10) years after the First Commercial Sale of such Product in such country, whichever is later (the “Royalty Term”); provided that in the event of […***…], then the Royalty payable with respect to Product sales in such country shall be reduced by […***…] during the Royalty Term for so long as such […***…].

Royalty Term. The Product Royalty will be payable on a Product-by-Product and country-by-country basis from First Commercial Sale of such Product in such country until (i) such Product is no longer Covered by a Valid Patent Claim in such country or country, (ii) ten (10) years after the First Commercial Sale of such Product in such country, whichever is later or (the “Royalty Term”); provided that in the event of iii) […***…]4, then whichever is latest (the “Product Royalty payable with respect to Product sales in such country shall be reduced by […***…] during the Royalty Term for so long as such […***…]Term”).”

Royalty Term. The Royalty will Royalties shall be payable on a Product-by-Product and country-by-country basis basis, from First Commercial Sale of a Product in such a country until the later of: (i) such Product is no longer Covered by a Valid Patent Claim in such country or (ii) ten (10) 10 years after from the First Commercial Sale of such Product in such countrycountry and (ii) the expiration of the last-to-expire Valid Claim of the Program Patents that Covers the manufacture, whichever is later use, sale, offer for sale, or import of such Product in such country (the “Royalty Term”); provided that in the event of […***…], then the Royalty payable with respect to Product sales in such country shall be reduced by […***…] during the Royalty Term for so long as such […***…].

Royalty Term. The Royalty will be payable on a country-by-country and Product-by-Product and country-by-country basis from First Commercial Sale of the Product in such country until and shall terminate upon the latest of: (ia) such Product is no longer being Covered by a Valid an Effective Patent Claim in such country country; (b) expiration of all data or (ii) ten (10) years after the First Commercial Sale of such Product in such country, whichever is later (the “Royalty Term”); provided that in the event of […***…], then the Royalty payable with respect to Product sales in such country shall be reduced by […***…] during the Royalty Term for so long as such […***…].regulatory exclusivity

Royalty Term. The Royalty will Royalties shall be payable paid on a Product-by-Product and country-by-country basis from the First Commercial Sale of a Product in such a country by or on behalf of Exelixis, its Affiliates, or Sublicensees until the latest of (i) such Product is no longer Covered by a Valid Patent Claim in such country or (ii) ten (10) years after the First Commercial Sale of such Product in such country, whichever is later (ii) expiration of the “Royalty Term”); provided that in last-to-expire Valid Claim of the event of […***…]Adagene Patents, then the Royalty payable with respect to Adagene Platform Patents, and Product sales Patents in such country shall be reduced by […***…] during the Royalty Term for so long covering such Product’s composition of matter or method of use as such […***…].Product is sold in such country, or

Royalty Term. The Royalty will Royalties shall be payable on a Product-by-Product and country-by-country basis from the First Commercial Sale of a Product in such a country until the later of: (i) [***] from such Product is no longer Covered by a Valid Patent Claim in such country or (ii) ten (10) years after the First Commercial Sale of such Product in such country; (ii) expiration of all Regulatory Exclusivity for such Product in such country; and (iii) expiration of the last-to- expire Valid Claim of the Product Patents Covering the manufacture, whichever is later use, sale, offer for sale or import of such Product in such country (the “Royalty Term”); provided that in the event of […***…], then the Royalty payable with respect to ” for such Product sales in such country shall be reduced by […***…] during the Royalty Term for so long as such […***…]country).

Royalty Term. The Royalty will be payable on a country-by-country and Product-by-Product and country-by-country basis from First Commercial Sale of the Product in such country until and shall terminate upon the latest of: (ia) such Product is no longer being Covered by a Valid an Effective Patent Claim in such country country; (b) expiration of all data or (ii) ten (10) years after the First Commercial Sale of such Product in such country, whichever is later (the “Royalty Term”); provided that in the event of […regulatory exclusivity ***…], then Text Omitted and Filed Separately with the Royalty payable with respect to Product sales in such country shall be reduced by […***…] during the Royalty Term for so long as such […***…].Securities and Exchange Commission. Confidential Treatment Requested Under

Royalty Term. The Product Royalty will be payable on a Product-by-Product and country-by-country basis from the relevant XXX First Commercial Sale of such Product in such country until (i) such Product is no longer Covered by a Valid Patent Claim in such country or (ii) ten (10) years after the such XXX First Commercial Sale of such Product in such country, whichever is later (the “XXX Royalty Term” and, together with the Zymeworks Royalty Term, the “Product Royalty Term”); provided that in the event of […***…], then the Royalty payable with respect to Product sales in such country shall be reduced by […***…] during the Royalty Term for so long as such […***…].