Furthermore. LICENSEE shall pay Teknika as from the first day of commercial sale, a running royalty as follows. (i) [*] of the Net sales of Licensed Products other than the Licensed Product referred to in this Article under (ii) here below; (ii) [*] of Net Sales of Licensed Product referred to in Article 2.2 above.
Appears in 2 contracts
Sources: Licensing Agreement (Chemtrak Inc/De), Licensing Agreement (Chemtrak Inc/De)