Common use of Multiple Royalties Clause in Contracts

Multiple Royalties. No multiple royalties shall be due because any Licensed Product is Covered by more than one of the Licensed Patent Rights or patent claims therein. With respect to a particular Net Sales of a Licensed Product, Verastem shall pay only one royalty to Poniard, as applicable, pursuant to Section 4.4.

Appears in 2 contracts

Sources: License Agreement (Verastem, Inc.), License Agreement (Verastem, Inc.)