Royalties on Net Revenue. (i) The royalty provisions of this Section II(A)(1)(a)(i) shall apply during the first and second Contract Years. For each Licensee Product, Licensee shall pay to PalmSource a non-refundable royalty for the PS Product Software in an amount equal to [**] of the Net Revenue (as described in Section I (B) above and Section II(C) below) for such Licensee Product, until Licensee has paid to PalmSource royalties of at least [**] of Net Revenue during such Contract Year (the “Initial Royalty Amount”). When and if the Initial Royalty Amount is reached for a given Contract Year, then for each subsequent Licensee Product during the remainder of that Contract Year, Licensee shall pay to PalmSource a non-refundable royalty for the PS Product Software in an amount equal [**] of the Net Revenue for such Licensee Product. The Initial Royalty Amount shall be reset to zero at the beginning of the second Contract Year.
Royalties on Net Revenue. (i) The royalty provisions of this Section II(A)(1)(a)(i) shall apply during the first and second Contract Years. For each Licensee Product, Licensee shall pay to PalmSource a non-refundable royalty for the PS Product Software in an amount equal to four and one-half percent (4.5%) of the Net Revenue (as described in Section I (B) above and Section II(C) below) for such Licensee Product, until Licensee has paid to PalmSource royalties of at least forty five million dollars ($45,000,000) for the first one billion dollars ($1,000,000,000) of Net Revenue during such Contract Year (the “Initial Royalty Amount”). When and if the Initial Royalty Amount is reached for a given Contract Year, then for each subsequent Licensee Product during the remainder of that Contract Year, Licensee shall pay to PalmSource a non-refundable royalty for the PS Product Software in an amount equal to four percent (4.0%) of the Net Revenue for such Licensee Product. The Initial Royalty Amount shall be reset to zero at the beginning of the second Contract Year.
Royalties on Net Revenue. (i) The royalty provisions of this Section II(A)(1)(a)(i) shall apply
