Examples of Per Unit Royalty in a sentence
In lieu of paying the required Per Unit Royalty Fee on an "as incurred" basis, PSIP has granted SEC a Block License under which SEC may offset the Per Unit Royalties incurred by the Authorized SEC Devices identified in Exhibit A, Section 2 herein; provided that, SEC may not offset the Per Unit Royalties incurred by * Confidential treatment has been requested for portions of this exhibit.
In consideration for the license granted herein, Licensee shall pay to ITC a Per Unit Royalty on each sale by Licensee of a Covered Subscriber Unit (exclusive of returns and credits, and exclusive of the Covered Subscriber Unit released, acquitted or discharged under Section 2.1).
Licensee shall provide Puma with a written report that reflects the facts or basis upon which the total Per Unit Royalties due was calculated and will clearly indicate applicable Per Unit Royalty rates that apply to different versions of Intellisync for RIM, if any, as noted in Exhibit B.
As a condition of his employment hereunder, Executive agrees to promptly relocate to Los Angeles, California area if the CEO or the Board deem such relocation to be necessary to meet the Company’s business needs.
In lieu of paying the required Per Unit Royalty Fee on an “as incurred” basis, PSIP has granted SEC a Block License under which SEC may offset the Per Unit Royalties incurred by the Authorized SEC Devices identified in Exhibit A, Section 2 herein; provided that, SEC may not offset the Per Unit Royalties incurred by any additional Authorized SEC Devices to be granted under a license of future Licensed System Addendum(a) to be attached to the MTLA.
Payment to Licensor of the Per Unit Royalty and/or the Cost Plus Royalty shall be made by Licensee within fifteen (15) days following receipt by Licensee or its sublicensee from a customer of any and all payments for Licensed Products.
Rose -------------------------------------- -------------------------------- Title: SVP SCEA Title: Sr. Vice President & General Counsel -------------------------------------- -------------------------------- Date: 6/28/02 Date: 6/24/02 -------------------------------------- -------------------------------- NOT AN AGREEMENT UNTIL EXECUTED BY BOTH PARTIES Exhibit A ROYALTIES Licensed Product Per Unit Royalty.
By: /s/ Andrew House Xx: /s/ Sirus Ahmadi --------------------------------- -------------------------- Print Name: Andrew House Xxxxx Xxxe: Sirus Ahmadi Title: Seniox Xxxx Xxxxxdent Title: President and CEO Date: September 14, 2000 Date: September 7, 2000 Exhibit A ROYALTIES Licensed Product Per Unit Royalty.
Unit Volume Per Unit Royalty 1-5k $66.00 Thereafter $20.00 Payment of the royalties shall be made quarterly, shall be due forty-five (45) days following the end of Licensee's fiscal quarter to which they relate and shall be submitted with a written statement certifying the number of Products sold and showing the calculation of the royalties due.
Upon written notice from either party, not more frequently than once annually, the parties shall negotiate in good faith modifications to the Minimum Per Unit Royalty.