Technology Fees. The Sublicensee shall pay directly to MEDIGEN by bank transfer to the account indicated on the invoice the following technology fees: i. a one-time fee of 10,000 US Dollars for Sublicensees from LIE and LMIEs or a one- time fee of 100,000 US Dollars for the Sublicensees from UMIEs and HIEs, due at the Effective Date (the "Licence Fee"). The Licence Fee is not refundable and is in addition to and not creditable against any other sums payable by Sublicensee under this Agreement; and ii. a one-time fee of 150,000 US Dollars for Sublicensees from LIE and LMIEs, or a one- time fee of 300,000 US Dollars for the Sublicensees from UMIEs and HIEs due at the receipt of by the Sublicensee of the Licensed Technology documentation listed in Annex 2 hereto, and iii. a one-time fee of 100,000 US Dollars for Sublicensees from LIE and LMIEs, or a one- time fee of 200,000 US Dollars for the Sublicensees from UMIEs and HIEs due and payable on the date falling six (6) months after the Effective Date as compensation for Basic Support and Training as described in ANNEX 2 hereto, and iv. a one-time fee of 100,000 US Dollars for Sublicensees from LIE and LMIEs, or a one- time payment of 200,000 US Dollars for the Sublicensees from UMIEs and HIEs due upon notice from MEDIGEN that the Materials are ready for pick up as compensation for Materials preparation work. v. a one-time payment upon the first launch of the Product amounting to: a) 25,000 US Dollars in the first country of LIEs; and b) 75,000 US Dollars in the first country of LMIEs; and c) 150,000 US Dollars in the first country of UMIEs; and d) 300,000 US Dollars in the first country of HIEs, vi. a running technology fee of:
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Technology Fees. The Sublicensee shall pay directly to MEDIGEN by bank transfer to the account indicated on the invoice the following technology fees:
i. a one-time fee of 10,000 US Dollars for Sublicensees from LIE and LMIEs or a one- time fee of 100,000 US Dollars for the Sublicensees from UMIEs and HIEs, due at the Effective Date (the "Licence Fee"). The Licence Fee is not refundable and is in addition to and not creditable against any other sums payable by Sublicensee under this Agreement; and
ii. a one-time fee of 150,000 US Dollars for Sublicensees from LIE and LMIEs, or a one- time fee of 300,000 US Dollars for the Sublicensees from UMIEs and HIEs due at the receipt of by the Sublicensee of the Licensed Technology documentation listed in Annex 2 hereto, and iii. a one-time fee of 100,000 US Dollars for Sublicensees from LIE and LMIEs, or a one- time fee of 200,000 US Dollars for the Sublicensees from UMIEs and HIEs due and payable on the date falling six (6) months after the Effective Date as compensation for Basic Support and Training as described in ANNEX 2 hereto, and iv. a one-time fee of 100,000 US Dollars for Sublicensees from LIE and LMIEs, or a one- time payment of 200,000 US Dollars for the Sublicensees from UMIEs and HIEs due upon notice from MEDIGEN that the Materials are ready for pick up as compensation for Materials preparation work.
v. a one-time payment upon the first launch of the Product amounting to:
a) 25,000 US Dollars in the first country of LIEs; and
b) 75,000 US Dollars in the first country of LMIEs; and
c) 150,000 US Dollars in the first country of UMIEs; and
d) 300,000 US Dollars in the first country of HIEs,
vi. a running technology fee of:
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