Earned Royalties. Subject to of Article 7 hereof, Lieensee shall pay to Licensor for the rights granted hereunder a sum equal to [*****] of the Net Invoice Value of Trademarked Products Sold by Licensee (the "Royalties"). The Royalties shall be remitted in accordance with Section 7.4 of this Agreement.
Appears in 3 contracts
Sources: Trademark License Agreement (Newtech Corp), Trademark License Agreement (Newtech Corp), Trademark License Agreement (Newtech Corp)
Earned Royalties. Subject to of Article 7 hereof, Lieensee Licensee shall pay to Licensor for the rights granted hereunder a sum equal to one and [*****] of the Net Invoice Value of Trademarked Products Sold by Licensee (the "Royalties"). The Royalties shall be remitted in accordance with Section 7.4 of this Agreement.
Appears in 3 contracts
Sources: Trademark License Agreement (Newtech Corp), Trademark License Agreement (Newtech Corp), Trademark License Agreement (Newtech Corp)