Sublicensee Obligations. In the event EyeTech sublicenses its right to sell a Product, such sublicense shall include an obligation for the sublicensee to account for and report its Net Sales of Products and provide that Gilead shall have audit rights therefor pursuant to this Section 3 on the same basis as if such sales were Net Sales of Products by EyeTech, and EyeTech shall pay royalty payments to Gilead as if the Net Sales of the sublicensee were Net Sales of EyeTech.
Appears in 4 contracts
Samples: Licensing Agreement (Gilead Sciences Inc), Licensing Agreement (Eyetech Pharmaceuticals Inc), Licensing Agreement (Eyetech Pharmaceuticals Inc)
