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 a BC CPC Pre-Negotiated License exceed [*] 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)

AutoNDA by SimpleDocs

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 a BC an RoW CPC Pre-Negotiated License exceed [*] 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)

AutoNDA by SimpleDocs

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 a BC CPC PLPC Pre-Negotiated License exceed [*[ * ] 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)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!