Common use of Sublicense Income Clause in Contracts

Sublicense Income. In the event that CTI or its Affiliates grants one or more sublicenses, CTI shall pay or cause its Affiliates to pay, as the case may be, to North Shore an amount equal to [**] percent ([**]%) of all consideration in any form (net of any payments required to be made by CTI to any third party pursuant to any technology and/or patent license agreement between CTI and such third party because of the receipt of such consideration by CTI) received by CTI and/or its Affiliates for the sublicense(s).

Sublicense Income. In the event that CTI or its Affiliates grants one or more sublicensessublicenses under Sponsored Technology, CTI shall pay or cause its Affiliates to pay, as the case may be, to North Shore NS an amount equal to [**] percent ([**]%) of all consideration in any form (net of any payments required to be made by CTI to any third party pursuant to any technology and/or patent license agreement between CTI and such third party because of the receipt of such consideration by CTI) received by CTI and/or its Affiliates for the sublicense(s).