VMT Platform Fee; Media Company Fees Sample Clauses

VMT Platform Fee; Media Company Fees. In consideration of the Services, beginning May 1, 2014, Media Company agrees to pay to VMT (which may be collected by VMT through an offset of fees owed to Media Company) fifteen percent (15%) of the total value of the Ad Inventory sold in the VMT Platform. VMT shall use the Gross CPM to determine the fees to be paid to VMT and the Net CPM to determine the payments to be made to Media Company. To the extent fees are owed to Media Company under an Addendum, payments shall be made by VMT on a monthly basis, no later than the 60th day after the end of the month in which revenue was earned by Media Company. No payments will be issued for any amounts less than $250 U.S.D. (except upon termination). No payment will be made for any delivery on unapproved Digital Media. All un-issued earnings will rollover to the next pay period.
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Related to VMT Platform Fee; Media Company Fees

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