Common use of Sharing of Sublicensing Income Clause in Contracts

Sharing of Sublicensing Income. Forty Seven will pay to Stanford a portion of all Nonroyalty Sublicensing Consideration for the Sublicense of Licensed Patents and Technology, as provided below: (A) [*]% of Nonroyalty Sublicensing Consideration attributable to the Licensed Patents, up to the time [*]; (B) thereafter, [*]% of Nonroyalty Sublicensing Consideration attributable to the Licensed Patents, up to the time [*]; and (C) thereafter, [*]% of Nonroyalty Sublicensing Consideration attributable to the Licensed Patents.

Appears in 4 contracts

Samples: Exclusive (Equity) Agreement, Exclusive Agreement (Forty Seven, Inc.), Exclusive Agreement (Forty Seven, Inc.)

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