definiens: sh31l mean all sublicense fees and milestone, royalty or other payments ( other than amounts .representiDg the fair market value of any equity investmems . or research at development funding ) actually : received by Athena from any third party to cotUm.ercially marker Products or Other Products in any col.1I1try _ In ' the event Athena . or its Affiliates supply a sublicensee with Product . in lieu of the percentage of royalties set forth herein, Phmmaven~ shall receive a guaranteed minimum payment on Athena ' s Net Sales 8 No ' rransmission Information Avai lable for ' MZL ' 04/12 ' 97 13:39 FAX 01264 334657 ~RKSRV3 printed INC3486B4B2.6D22 on Dec 04 01:49PM * -Pg 15/ : LEGAL ~~~ SL ~ UGHTER&MAY ~015 . ' . : ., I. • I - • I " Jr - J 1, .. ---ofPro¥~ sold to such sublicensees of one half of the then applicable royalty ratepl~!on.e - thira·--- ', - _ _ ~ . L ~ /(33 lJ3.~ ) \of other Net Revenues ( excluding royalties ) received from the sublicensee