Sales-Based Milestones. ZAI shall pay to TESARO the following one time milestone payments upon reaching the following specific Net Sales milestones for the Licensed Product(s) within [***] following the end of the Calendar Year during which the Net Sales milestone set forth below is first reached: Annual Net Sale of all Licensed Products in the Territory Milestone Payments Equal or exceed $[***] $[***] Equal or exceed $[***] $[***] Equal or exceed $[***] $[***]
Appears in 3 contracts
Samples: Collaboration, Development and License Agreement (TESARO, Inc.), Collaboration, Development and License Agreement (TESARO, Inc.), Collaboration, Development and License Agreement (TESARO, Inc.)
Sales-Based Milestones. ZAI shall pay to TESARO the following one time milestone payments upon reaching the following specific Net Sales milestones for the Licensed Product(s) within [***] following the end of the Calendar Year during which the Net Sales milestone set forth below is first reached: Annual Net Sale of all Licensed Products in the Territory Milestone Payments Equal or exceed $[***] $[**$ [ *] Equal or exceed $[***] $[**$ [ *] Equal or exceed $[***] $[**$ [ *]
Appears in 1 contract
Samples: Collaboration, Development and License Agreement (Zai Lab LTD)
