Common use of Calculation of Guaranteed Minimum Fee Clause in Contracts

Calculation of Guaranteed Minimum Fee. In consideration for services to be performed by the Company hereunder, Licensee shall pay to the Company a guaranteed minimum fee for each Annual Period (each, the “Guaranteed Minimum Fee” for such Annual Period), as follows: ANNUAL PERIOD GUARANTEED MINIMUM FEE First $ 87,500 Second $ 107,500 Third $ 135,000 Fourth through Ninth $ 175,000 (each)

Calculation of Guaranteed Minimum Fee. In consideration for services to be performed by the Company hereunder, Licensee shall pay to the Company a guaranteed minimum fee for each Annual Period (each, the “Guaranteed Minimum Fee” for such Annual Period), as follows: ANNUAL PERIOD GUARANTEED MINIMUM FEE First $ 87,500 52,500 Second $ 107,500 70,000 Third $ 135,000 87,500 Fourth $112,500 27 ANNUAL PERIOD GUARANTEED MINIMUM FEE Fifth $140,000 Sixth through Ninth $ Tenth $175,000 (each)

Calculation of Guaranteed Minimum Fee. In consideration for services to be performed by the Company hereunder, Licensee shall pay to the Company a guaranteed minimum fee for each Annual Period (each, the “Guaranteed Minimum Fee” for such Annual Period), as follows: ANNUAL PERIOD GUARANTEED MINIMUM FEE First $ 87,500 22,500 Second $ 107,500 25,000 Third $ 135,000 27,500 Fourth through Ninth $ 175,000 40,000 (each)) 28

Calculation of Guaranteed Minimum Fee. In consideration for services to be performed by the Company hereunder, Licensee shall pay to the Company a guaranteed minimum fee for each Annual Period (each, the “Guaranteed Minimum Fee” for such Annual Period), as follows: ANNUAL PERIOD GUARANTEED MINIMUM FEE First $ 87,500 $17,500 Second $ 107,500 $19,000 Third $ 135,000 $21,000 Fourth $22,500 Fifth $25,000 Sixth through Ninth $ 175,000 Tenth $35,000 (each)