Common use of Sales-Based Milestones Clause in Contracts

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: 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.)

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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: Equal or exceed $[***] $[**$ [ *] Equal or exceed $[***] $[**$ [ *] Equal or exceed $[***] $[**$ [ *]

Appears in 1 contract

Samples: Collaboration, Development and License Agreement (Zai Lab LTD)

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