TGF-beta Receptor Sample Clauses

TGF-beta Receptor. Genentech grants a nonexclusive, worldwide ----------------- license to Celtrix to make, have made, use and sell TGF-beta Receptor as a part of a Celtrix Licensed Product solely for the treatment or prophylaxis of disease ("TGF-beta Receptor Uses") or solely to be used as part of a process used to identify compounds useful in the treatment or prophylaxis of disease ("TGF-beta Receptor Process"). Celtrix may grant one sublicense under this license only to one other party in any country for each indication or research application at any one time. Celtrix will pay Genentech a royalty on Net Sales of Celtrix Licensed Products sold for TGF- beta Receptor Uses or developed using the TGF- beta Receptor Process. Such royalty shall be 2% of Net Sales where Net Sales of Celtrix Licensed Products covered by the license granted under this Section 3.4 do not exceed $100 million per annum and 5% of Net Sales to the extent Net Sales of Celtrix Licensed Products covered by the license granted under this Section 3.4 exceed $100 million per annum.
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