Note: With respect to the regions/hospitals stated in (2), if the government issues clear instructions, these instructions shall be followed and such regions/hospitals shall be automatically added into Party A’s List of Hospitals without written consent of Party B; but if no clear instruction is issued by the government, Party A shall clearly present to Party B the regions and hospitals to be excluded and obtain Party B’s consent.
| (3) | Regions or hospitals that Party A wishes to separately cooperate with depending on its own development in tumor field or other special situations. |
Unless consented to by Party B in writing, the exclusion of any region/hospital above from the Authorized Territory by Party A shall be invalid.
3.1 | Unless otherwise agreed herein, Party A shall not (and shall urge its Affiliates not to) engage any Third Party or offer assistance or funds in any form to any Third Party to sell, promote and publicize this Product in the Authorized Territory, except in the activities carried out in cooperation with Party B, or commercialize this Product in the Authorized Territory in any way without cooperating with Party B, within the Term hereof. |
3.2 | Unless otherwise agreed herein, Party B shall not (and shall urge its Affiliates not to) independently or engage any Third Party or offer assistance or funds in any form to any Third Party to develop, sell, promote and publicize any Competitive Product in the Authorized Territory, or commercialize any Competitive Product in the Authorized Territory in any way without cooperating with Party B, within the Term hereof. |
3.3 | Party B agrees to try its best to enable the direct revenue from the Actual Sales Volume Generated by Party B’s Promotion (i.e. the sales revenue which is the Actual Sales Volume Generated by Party B’s Promotion x Party B’s actual sales price of this Product) to exceed the amount (“Minimum Exclusive Sales Revenue”) below in the following years: |
Upon failure of Party B to realize the Minimum Exclusive Sales Revenue in either year above, Party A shall be entitled to withdraw the agreed exclusive cooperation with a notice to Party B. Specifically, if Party B fails to realize the Minimum Exclusive Sales Revenue in 2021 or 2022, Party B may commercialize this Product in the Authorized Territory from the next Calender Year, whether independently or with a Third Party, without subject to the Non-competition article herein.
Note: Party A agrees to take the sum of the direct revenue from the Actual Sales Volume Generated by Party B’s Promotion and the direct revenue generated by the hospitals in Party A’s List of Hospitals that are stated in Article 2.3(3) in a year as the actual sales revenue of that year compared with the Minimum Exclusive Sales Revenue of that year. Party A shall provide Party B quarterly with the specific amount of the direct revenue generated by the hospitals in Party A’s List of Hospitals that are stated in Article 2.3(3). For the avoidance of doubt, the annual actual sales revenue calculated as above shall only be used to compare with the Minimum Exclusive Sales Revenue as stated in this Article 3.3 and shall not be used for settlement and be applied to any other term hereof, unless otherwise agreed herein.
4.1 | Establishment and Purpose. Within ten (10) days upon effectiveness hereof, the Parties shall establish a Management Committee (“Management Committee”) which shall be obliged to (a) review, approve or disapprove and review as necessary the Promotion Plan for Central Market; (b) supervise the implementation of the Promotion Plan for Central Market; (c) review and discuss over the sales performance and trend of this Product in the Authorized Territory; (d) discuss over and solve any matter involved in the communication between the Parties; and (e)perform other tasks assigned thereto by other articles, if any. |
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Chia Tai Tianqing Pharmaceutical Group Co. Ltd. (Seal)
Genetron Health (Beijing) Co. Ltd. 1101140215851 (Seal)