Flat Fee Royalties Clause Samples

Flat Fee Royalties. During the initial phase of the contract defined as the "mutual corporation", LICENSEE shall pay Q the following Royalties as license fees. All prices are in US Dollars, and are net of any customs, levies, duties and taxes. 6.1. Payments by LICENSEE to Q shall be based on a royalty of: For students of NCFD.......... USD 20 For students of ECSH............ no less than USD40 6.2. Payments by LICENSEE to Q shall be based on the actual number of employees / students using the Quartet system irrespective of whether the LICENSEE receives payment for such above sale and/or delivery.