definiens: shall mean receipt by the first patient of the first dose of a LICENSED PRODUCT or IDENTIFIED PRODUCT;(d ) A running earned royalty equal to [ 1.5 % ] of NET SALES of any and all LICENSED PRODUCTS and/or IDENTIFIED PRODUCTS ; provided, however, that if the total earned royalty due to LICENSEE by a NON - SUBLICENSEE CORPORATE PARTNER or sublicensee with respect to a LICENSED PRODUCT and/or IDENTIFIED PRODUCT is reduced upon the expiration of applicable PATENT RIGHTS or introduction of a generic product, the earned royalty due to BOARD by LICENSEE will be proportionately reduced, on a product - by - product basis, but in no event shall the earned royalty owed by LICENSEE in such instance be greater than [ 33 % ] of the total earned royalty due to LICENSEE from a NON - SUBLICENSEE CORPORATE PARTNER or sublicensee.(f ) [ 25 % ] of any and all revenues from either SUBLICENSE REVENUES or NON - SUBLICENSEE CORPORATE PARTNERSHIP REVENUES, whichever applies ; provided, however, if LICENSEE receives SUBLICENSE REVENUES in consideration for the grant of a sublicense under the licenses granted to LICENSEE hereunder and such sublicense also includes the grant of a license or sublicense to other technology controlled by LICENSEE but not acquired from BOARD, then the foregoing amount shall be adjusted by a percentage that fairly represents, as reasonably determined by the parties, the contribution of the relevant LICENSED SUBJECT MATTER to the total revenue received by LICENSEE