MPEG-4 Visual Consumer Recorded Video Encoders Sample Clauses

MPEG-4 Visual Consumer Recorded Video Encoders. At the option of Licensee, the royalty for the sublicense granted pursuant to Section 2.2 hereof shall be that specified in either subparagraphs 3.1.2.1, 3.1.2.2, or 3.1.2.3. For Licensees which have elected to pay royalties pursuant to subparagraphs 3.1.2.1 or 3.1.2.2, there shall be (i) no royalties payable for the first [***] MPEG-4 Visual Consumer Recorded Video Encoders Sold in any Calendar Year; and (ii) a maximum royalty payable by a Legal Entity in each Calendar Year of [***] (U.S. $[***]); provided, however, that the foregoing subsection (i) shall be applicable to [***] within an Enterprise in any Calendar Year.
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