COMPENSATION AND AUDIT. A. In consideration for the license granted hereunder, Licensee agrees to pay to Licensor the royalty payments recited in Exhibit A based on Licensee’s Net Sales of Licensed Products (less accessories or other components or products used in combination with the Licensed Products).
Appears in 10 contracts
Samples: System and Lead Development and Transfer Agreement (Mri Interventions, Inc.), System and Lead Development and Transfer Agreement (Mri Interventions, Inc.), System and Lead Development and Transfer Agreement (Mri Interventions, Inc.)
COMPENSATION AND AUDIT. A. In consideration for the license granted hereunder, Licensee agrees to pay to Licensor the royalty payments recited in Exhibit A B based on Licensee’s Net Sales of Licensed Products (less accessories or other components or products used in combination with the Licensed Products)) and, for the period commencing on the Effective Date and ending on upon the earlier to occur of the termination or expiration of this Agreement or the acquisition of the Licensed Products by the Licensee from the Licensor in a negotiated transaction.
Appears in 3 contracts
Samples: Licensing Agreement (Alpine 4 Automotive Technologies Ltd.), Licensing Agreement (SLM Technologies, Inc.), Licensing Agreement (Innovative Software Technologies Inc)
