Hospital Contracts. MASIMO will pay a 10% royalty on the fraction of all revenue from the contract signed after January 1, 2009 for the placement of Masimo Licensed Devices (for a committed sensor contract) in relation to the fraction of Enabled rainbow devices compared Masimo Licensed Devices with only ▇▇▇▇▇ ▇▇▇▇▇ Parameters Enabled as follows:
Appears in 3 contracts
Sources: Cross Licensing Agreement (Masimo Corp), Cross Licensing Agreement (Masimo Corp), Cross Licensing Agreement (Masimo Corp)