Common use of Fees and Expenses of Evaluations and Validations Clause in Contracts

Fees and Expenses of Evaluations and Validations. Patent Evaluations may be completed independently by Publishers at their own expense at any time. Publishers of patents submitted for Evaluation by the PatentBooks Administrator shall be solely responsible for the cost of those patent Evaluations. Publishers shall be solely responsible for the cost of Validations of all their patent Evaluations, regardless of who conducted the Evaluations. List price for Validations of patent Evaluations is $20,000 per patent, and will be reduced over time. Discounts may be available from time to time. There are no costs to the Publisher (Licensor) for patent(s) listed in Tier 3.