Common use of Effect of Termination on Payments Clause in Contracts

Effect of Termination on Payments. (i) In the event this Agreement is terminated by Sanofi pursuant to Section 0, [***] shall [***]. (ii) In the event this Agreement is terminated by Relypsa pursuant to Section 0 or Section 0, or by Sanofi pursuant to Section 0, the [***]. (iii) In the event this Agreement is terminated by Relypsa pursuant to Section 0, if as of the end of the calendar year in which this Agreement is so terminated, Sanofi is [***] pursuant to the terms of Section 0 and Section 6.1(b), [***] shall pay [***], and if Sanofi is [***] pursuant to the terms of Section 0 and Section 6.1(b), the [***]. (iv) In the event this Agreement is terminated by either Party pursuant to Section 0, Section 0, Section 0, Section 0 and Section 0, then after the end of the calendar year in which this Agreement is terminates, [***] shall pay [***]. For example, if the Agreement was in effect for ten (10) days in a Calendar Year, [***].

Effect of Termination on Payments. (i) In the event this Agreement is terminated by Sanofi pursuant to Section 0, [***] shall [***]. (ii) In the event this Agreement is terminated by Relypsa pursuant to Section 0 or Section 0, or by Sanofi pursuant to Section 0, the [***]. (iii) In the event this Agreement is terminated by Relypsa pursuant to Section 0, if as of the end of the calendar year in which this Agreement is so terminated, Sanofi is [***] pursuant to the terms of Section 0 and Section 6.1(b), [***] shall pay [***], and if Sanofi is [***] pursuant to the terms of Section 0 and Section 6.1(b), the [***].. [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. EXECUTION VERSION (iv) In the event this Agreement is terminated by either Party pursuant to Section 0, Section 0, Section 0, Section 0 and Section 0, then after the end of the calendar year in which this Agreement is terminates, [***] shall pay [***]. For example, if the Agreement was in effect for ten (10) days in a Calendar Year, [***].