Common use of SHARE OF PROFITS Clause in Contracts

SHARE OF PROFITS. As a retribution for the license granted in provision SIXTH, THE COMPANY agrees to pay CONICET and THE UNL a percentage of the Gross Profits earned from the transfer and / or trading of any product that contains or is manufactured as per the New Technology and/or the Patent Applications and / or the Gross Profits earned from granting sublicenses on the New Technology and /or Patent Applications to third parties. In case of sublicenses, the base for the calculation of the percentage shall not be altered.

Appears in 5 contracts

Samples: Confidentiality Agreement (Bioceres S.A.), Confidentiality Agreement (Bioceres S.A.), Confidentiality Agreement (Bioceres S.A.)

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