Common use of Applicable Products Clause in Contracts

Applicable Products. Geron's co-promotion rights shall be limited as follows: (a) Geron shall have the right to co-promote the first Product containing a P&U Compound for a period of [*] after its first commercial sale in the United States; Geron shall not have the right to co-promote any subsequent Product containing a P&U Compound, provided, however, that in the event the first Product containing a P&U Compound is not sold by P&U in the United States for a period of at least [*], Geron shall have the right to co-promote any other Product containing a P&U Compound, if any, for the balance of such [*] term. (b) Geron shall have the right to co-promote in the United States all Products containing Geron and KH Compounds for the period of time [*] in accordance with the terms of this Agreement; provided, however, Geron's right to co-promote shall not terminate in the event [*] * Certain portions of this Exhibit have been omitted for which confidential treatment has been requested and filed separately with the Securities and Exchange Commission. 45