Common use of Additional Advance Clause in Contracts

Additional Advance. Licensee, upon execution of this Amendment No. 3, will pay to Activision an additional, non-refundable recoupable advance in the amount of Seventy five Thousand Dollars ($75,000) for the right to distribute an additional Fifth Thousand (50,000) units of Soldier of Fortune for the Sony PlayStation 2 console, in North America only, at the royalty rates set forth in Section 3 of this Amendment No.

Appears in 1 contract

Sources: License Agreement (Majesco Holdings Inc)

Additional Advance. Licensee, upon execution of this Amendment No. 3, will pay to Activision an additional, non-refundable recoupable advance in the amount of Seventy five Thousand Dollars ($75,000****) for the right to distribute an additional Fifth Thousand (50,000****) units of Soldier of Fortune for the Sony PlayStation 2 console, in North America only, at the royalty rates set forth in Section 3 of this Amendment No.

Appears in 1 contract

Sources: License Agreement (Majesco Holdings Inc)