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: First $ 52,500 Second $ 70,000 Third $ 87,500 Fourth $112,500 Fifth $140,000 Sixth through 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 $ 52,500 22,500 Second $ 70,000 25,000 Third $ 87,500 27,500 Fourth $112,500 Fifth $140,000 Sixth through Tenth $175,000 Ninth $ 40,000 (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 $ 52,500 87,500 Second $ 70,000 107,500 Third $ 87,500 135,000 Fourth $112,500 Fifth $140,000 Sixth through Tenth $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 $ 52,500 $17,500 Second $ 70,000 $19,000 Third $ 87,500 $21,000 Fourth $112,500 22,500 Fifth $140,000 25,000 Sixth through Tenth $175,000 35,000 (each)