Common use of Reporting Payment Clause in Contracts

Reporting Payment. (a) Within three (3) weeks of the end of each calendar quarter, Licensee must submit a report by email to providing the following information for such calendar quarter (the “Report”): (i) the total quantity of Licensed Products sold on an SKU-by-SKU and country-by-country basis (with descriptions so that each individual Licensed Product can be identified by SKU within each country); (ii) the total Net Sales value of Licensed Products on an SKU-by-SKU and country-by-country basis; (iii) the amount of Royalties payable to Licensor from the foregoing information (for clarity, identifying Refrigerant Royalties and 1234yf Royalties separately) and, if applicable, any associated deductions or withholding contemplated by Section 3.8; (iv) a list of all customers who purchased Licensed Products from Licensee; and (v) the NPS. (b) Following receipt of each Report, Licensor will issue an invoice (each, a “Royalty Invoice”) to Licensee (within approximately two (2) weeks) stating the amount of Royalties owed by Licensee to Licensor based on Net Sales for the applicable calendar quarter. Licensee shall pay to Licensor the amount stated in each Royalty Invoice within two (2) weeks of the date such Royalty Invoice is sent by Licensor to Licensee. All payments of Royalties shall be made in U.S. Dollars and by wire transfer to: JPMorgan Chase Bank Honeywell International Inc. ABA ▇▇▇▇▇▇▇▇▇ Swift Code: ▇▇▇▇▇▇▇▇ Account Number: 662635853 HIPI Agreement Number: 2025-XXXX

Reporting Payment. (a) Within three (3) weeks of the end of each calendar quarter, Licensee must submit a report by email to [***] providing the following information for such calendar quarter (the “Report”): (i) the total quantity of Licensed Products sold on an SKU-by-SKU and country-by-country basis (with descriptions so that each individual Licensed Product can be identified by SKU within each country); (ii) the total Net Sales value of Licensed Products on an SKU-by-SKU and country-by-country basis; (iii) the amount of Royalties payable to Licensor from the foregoing information (for clarity, identifying Refrigerant Royalties and 1234yf Royalties separately) and, if applicable, any associated deductions or withholding contemplated by Section 3.8; (iv) a list of all customers who purchased Licensed Products from Licensee; and (v) the NPS. (b) Following receipt of each Report, Licensor will issue an invoice (each, a “Royalty Invoice”) to Licensee (within approximately two (2) weeks) stating the amount of Royalties owed by Licensee to Licensor based on Net Sales for the applicable calendar quarter. Licensee shall pay to Licensor the amount stated in each Royalty Invoice within two (2) weeks of the date such Royalty Invoice is sent by Licensor to Licensee. All payments of Royalties shall be made in U.S. Dollars and by wire transfer to: JPMorgan Chase Bank Honeywell International Inc. ABA ▇▇▇▇▇▇▇▇▇ [***] Swift Code: ▇▇▇▇▇▇▇▇ [***] Account Number: 662635853 [***] HIPI Agreement Number: 2025-XXXX