Retainers. MKGI shall make an upfront retainer payment of $US900,000 (Nine hundred thousand United States dollars) to HPE within five (5) days from the execution date of this agreement. The payment shall be applied to the work described in the applicable SOW.
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Retainers. MKGI shall make an upfront retainer payment of $US900,000 of$US100,000 (Nine One hundred thousand United States dollars) to HPE within five (5) days from the execution date Effective Date of this agreementAgreement. The payment shall be applied to the work described in the applicable SOW. For clarity, MKGI shall make a total payment of $US500,000 (Five hundred thousand United States dollars) to HPE within five (5) days from the Effective Date of this Agreement.
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Sources: Master Development and Licensing Agreement (Monaker Group, Inc.)