Common use of Sales Volume Bonus Clause in Contracts

Sales Volume Bonus. No later than April 1 of the year following ------------------- the first calendar year in which annual Net Sales of a Patent Product covered by an RoW Medical Hypothesis Pre-Negotiated License [*], NN shall pay to ZGI a one- time sales volume bonus [*]

Appears in 2 contracts

Samples: Option and License Agreement (Zymogenetics Inc), Option and License Agreement (Zymogenetics Inc)

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Sales Volume Bonus. No later than April 1 of the year following ------------------- the first calendar year in which annual Net Sales of a Patent Product covered by an RoW Medical Hypothesis PLPC Pre-Negotiated License exceed [*], ] NN shall pay to ZGI a one- one-time sales volume bonus of [*]

Appears in 2 contracts

Samples: Option and License Agreement (Zymogenetics Inc), Option and License Agreement (Zymogenetics Inc)

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Sales Volume Bonus. No later than April 1 of the year following ------------------- the first calendar year in which annual Net Sales of a Patent Product covered by an RoW a BC Medical Hypothesis Pre-Negotiated License [*], NN shall pay to ZGI a one- time sales volume bonus of [*]

Appears in 2 contracts

Samples: Option and License Agreement (Zymogenetics Inc), Option and License Agreement (Zymogenetics Inc)

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