Additional Licensed Programs. For each Additional Licensed Program, Curis shall pay royalties on Annual Curis Net Sales of Products from the applicable Licensed Program in each calendar year at the following rates: That portion of Annual Curis Net Sales that is less than US$[**] [**]% That portion of Annual Curis Net Sales that is greater or equal to US$[**] and less than US$[**] [**]% That portion of Annual Curis Net Sales that is greater than or equal to US$[**] 10%
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Sources: Collaboration, License and Option Agreement (Curis Inc), Collaboration, License and Option Agreement (Curis Inc)
Additional Licensed Programs. For each Additional Licensed Program, Curis shall pay royalties on Annual Curis Net Sales of Products from the applicable Licensed Program in each calendar year at the following rates: Increments of Annual Curis Net Sales Royalty Rate That portion of Annual Curis Net Sales that is less than US$[**] [**]% That portion of Annual Curis Net Sales that is greater or equal to US$[**] and less than US$[**] [**]% That portion of Annual Curis Net Sales that is greater than or equal to US$[**] 10%
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