Dues. Controlled Affiliate will pay to BCBSA a fee for this license in accordance with the following formula: • An annual fee of five thousand dollars ($5,000) per license, plus • .05% of gross revenue per year from branded group products, plus • .5% of gross revenue per year from branded individual products plus • .14% of gross revenue per year from branded individual annuity products. Amended as of November 20, 1997 The foregoing percentages shall be reduced by one-half where both a BLUE CROSS® and BLUE SHIELD® license are issued to the same entity. In the event that any License period is greater or less than one (1) year, any amounts due shall be prorated. Royalties under this formula will be calculated, billed and paid in arrears. Plan will promptly and timely transmit to BCBSA all dues owed by Controlled Affiliate as determined by the above formula and if Plan shall fail to do so, Controlled Affiliate shall pay such dues directly.
Appears in 6 contracts
Samples: Consent Agreement (Anthem, Inc.), License Agreement (Anthem, Inc.), Controlled Affiliate License Agreement (Wellpoint Health Networks Inc /De/)
Dues. Controlled Affiliate will pay to BCBSA a fee for this license in accordance with the following formula: • An annual fee of five thousand dollars ($5,000) per license, plus • .05% of gross revenue per year from branded group products, plus • .5% of gross revenue per year from branded individual products plus • .14% of gross revenue per year from branded individual annuity products. Amended as of November 20, 1997 The foregoing percentages shall be reduced by one-half where both a BLUE CROSS® and BLUE SHIELD® license are issued to the same entity. In the event that any License period is greater or less than one (1) year, any amounts due shall be prorated. Royalties under this formula will be calculated, billed and paid in arrears. Plan will promptly and timely transmit to BCBSA all dues owed by Controlled Affiliate as determined by the above formula and if Plan shall fail to do so, Controlled Affiliate shall pay such dues directly.
Appears in 3 contracts
Samples: License Agreement (Anthem, Inc.), License Agreement (Anthem, Inc.), License Agreement (Elevance Health, Inc.)
Dues. Controlled Affiliate will pay to BCBSA a fee for this license in accordance with the following formula: • An annual fee of five thousand dollars ($5,000) per license, plus • .05% of gross revenue per year from branded group products, plus • .5% of gross revenue per year from branded individual products plus • .14% of gross revenue per year from branded individual annuity products. Amended as of November 20, 1997 Exhibit 10.12 The foregoing percentages shall be reduced by one-half where both a BLUE CROSS® and BLUE SHIELD® license are issued to the same entity. In the event that any License period is greater or less than one (1) year, any amounts due shall be prorated. Royalties under this formula will be calculated, billed and paid in arrears. Plan will promptly and timely transmit to BCBSA all dues owed by Controlled Affiliate as determined by the above formula and if Plan shall fail to do so, Controlled Affiliate shall pay such dues directly.
Appears in 2 contracts
Samples: License Agreement (Anthem, Inc.), Complete Agreement (Elevance Health, Inc.)
Dues. Controlled Affiliate will pay to BCBSA a fee for this license in accordance with the following formula: • An annual fee of five thousand dollars ($5,000) per license, plus • .05% of gross revenue per year from branded group products, plus • .5% of gross revenue per year from branded individual products plus • .14% of gross revenue per year from branded individual annuity products. Amended as of November 20, 1997 Exhibit 10.11 The foregoing percentages shall be reduced by one-half where both a BLUE CROSS® and BLUE SHIELD® license are issued to the same entity. In the event that any License period is greater or less than one (1) year, any amounts due shall be prorated. Royalties under this formula will be calculated, billed and paid in arrears. Plan will promptly and timely transmit to BCBSA all dues owed by Controlled Affiliate as determined by the above formula and if Plan shall fail to do so, Controlled Affiliate shall pay such dues directly.
Appears in 1 contract
Samples: License Agreement (Anthem, Inc.)
Dues. Controlled Affiliate will pay to BCBSA a fee for this license in accordance with the following formula: • An annual fee of five thousand dollars ($5,000) per license, plus • .05% of gross revenue per year from branded group products, plus • .5% of gross revenue per year from branded individual products plus • .14% of gross revenue per year from branded individual annuity products. Amended Xxxxxxx as of November 20, 1997 Exhibit 10.11 The foregoing percentages shall be reduced by one-half where both a BLUE CROSS® and BLUE SHIELD® license are issued to the same entity. In the event that any License period is greater or less than one (1) year, any amounts due shall be prorated. Royalties under this formula will be calculated, billed and paid in arrears. Plan will promptly and timely transmit to BCBSA all dues owed by Controlled Affiliate as determined by the above formula and if Plan shall fail to do so, Controlled Affiliate shall pay such dues directly.
Appears in 1 contract
Samples: Controlled Affiliate License Agreement (Elevance Health, Inc.)
Dues. Controlled Affiliate will pay to BCBSA a fee for this license in accordance with the following formula: • Ÿ An annual fee of five thousand dollars ($5,000) per license, plus • .05Ÿ.05% of gross revenue per year from branded group products, plus • .5Ÿ.5% of gross revenue per year from branded individual products plus • .14Ÿ.14% of gross revenue per year from branded individual annuity products. Amended as of November 20, 1997 Exhibit 10.13 The foregoing percentages shall be reduced by one-half where both a BLUE CROSS® and BLUE SHIELD® license are issued to the same entity. In the event that any License period is greater or less than one (1) year, any amounts due shall be prorated. Royalties under this formula will be calculated, billed and paid in arrears. Plan will promptly and timely transmit to BCBSA all dues owed by Controlled Affiliate as determined by the above formula and if Plan shall fail to do so, Controlled Affiliate shall pay such dues directly.
Appears in 1 contract
Samples: License Agreement (Anthem, Inc.)