Gradium definition
Gradium means Gradium Glass, a specialty optical glass developed by LightPath with a variable refractive index profile in the axial direction.
Examples of Gradium in a sentence
The royalty percentage payable during the fourth Contract Year will be 1% of the gross revenues of NHG and its affiliates from the sale of Gradium and Gradium-based materials and products.
NHG shall not sublicense any IP related to Gradium appoint an associate manufacturer or sub-manufacturer of Gradium without the prior written consent of LightPath.
On the date each royalty payment is due, NHG will submit to LightPath a written certification of the gross revenues generated from the sale of Gradium and Gradium-based materials and products during the prior calendar quarter and payment of the applicable royalty amount for such sales.
The process of making lenses from Gradium material is not considered confidential material.