Common use of Guaranteed Minimum Royalties Clause in Contracts

Guaranteed Minimum Royalties. Licensee agrees to pay to Licensor Guaranteed Minimum Royalties ("GMR") in the following amounts for each Year of the Term: Year GMR ---- --- 1 *** 2 *** 3 *** 4 (Option) *** 5 (Option) *** 6 (Option) *** 7 (Option) *** 8 (Option) *** 9 (Option) *** *** Confidential portion omitted and filed separately with the Securities and Exchange Commission.

Guaranteed Minimum Royalties. Licensee agrees to pay to Licensor ---------------------------- Guaranteed Minimum Royalties ("GMR") in the following amounts for each Year of the Term: Year GMR ---- --- 1 (15 months) *** 2 *** 3 *** 4 (Option) *** 5 (Optionoption period) *** 6 (Optionoption period) *** 7 (Optionoption period) *** 8 (Optionoption period) *** 9 (Optionoption period) *** 10 (option period) *** *** Confidential portion omitted and filed separately with the Securities and Exchange Commission.