This excerpt taken from the AVD 10-Q filed May 10, 2005.
10.1.5 AMVAC Markets [*] in addition to [*] and BASF or a Person licensed by BASF Markets [*].
a. If AMVAC notifies BASF that AMVAC will Market [*] in addition to or instead of [*] in the Field in the Territory during the [*] and if BASF provides a BASF Notification to AMVAC and thereafter BASF Markets [*], then the provisions set forth in Section 10.1.5(b) below will become effective, notwithstanding the provisions of Section 13.7 of the Agreement, for the duration of the [*].
b. In consideration of the licenses granted to BASF pursuant to [*] of the Agreement with respect to [*], BASF agrees to pay to AMVAC as follows:
(1) Subject to the provisions of clause (2) immediately below, BASFs obligations under [*] of the Agreement for [*] shall cease effective on the date of the BASF Notification and no further [*] to AMVAC therefor. Accordingly, the licenses in question shall then be [*] and BASF would become a [*] effective as of the date of the BASF Notification and such [*] shall become [*]. AMVAC shall execute promptly all such documents as are reasonably required under Applicable Law to vest in BASF [*].
(2) If under the circumstances described in Section 10.1.5(a) above BASF has granted any Person a license to Market [*] in the Field in the Territory, then BASFs obligations under [*] of the Agreement shall cease effective on the date of the BASF Notification and BASF shall compensate AMVAC for [*] in accordance with the provisions of the [*] covering the circumstances described in Section 10.1.5(a) above.