Common use of Share of Adolor Product Marketing Contribution Clause in Contracts

Share of Adolor Product Marketing Contribution. During ---------------------------------------------- the period beginning with the First Commercial Sale of each Adolor Product and ending on the last day of the Calendar Quarter in which the ** anniversary of such First Commercial Sale occurs (the "Initial ** Year Period"), Adolor shall ---------------------- receive ** percent (**%) and GSK shall receive ** percent (**%) of the Adolor Product Marketing Contribution of such Adolor Product, subject to adjustment as set forth in Section 6.3.4 and reconciliation as set forth in Section 6.7.5. After the Initial ** Year Period, each Party shall receive ** percent (**%) of the Adolor Product Marketing Contribution for such Adolor Product, subject to adjustment as set forth in Section 6.3.4 and reconciliation as set forth in Section 6.7.5.

Appears in 4 contracts

Samples: Collaboration Agreement (Adolor Corp), Collaboration Agreement (Adolor Corp), Collaboration Agreement (Adolor Corp)

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Share of Adolor Product Marketing Contribution. During ---------------------------------------------- the period beginning with the First Commercial Sale of each Adolor Product and ending on the last day of the Calendar Quarter in which the ** third anniversary of such First Commercial Sale occurs (the "Initial ** Three Year Period"), Adolor ------------------------- shall ---------------------- receive ** forty-five percent (**45%) and GSK shall receive ** fifty-five percent (**55%) of the Adolor Product Marketing Contribution of such Adolor Product, subject to adjustment as set forth in Section 6.3.4 and reconciliation as set forth in Section 6.7.5. After the Initial ** Three Year Period, each Party shall receive ** fifty percent (**50%) of the Adolor Product Marketing Contribution for such Adolor Product, subject to adjustment as set forth in Section 6.3.4 and reconciliation as set forth in Section 6.7.5.

Appears in 1 contract

Samples: Collaboration Agreement (Adolor Corp)

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