Client Software Royalties Clause Samples

Client Software Royalties. Within thirty (30) days after the end of each month, Trace will pay STI a royalty for each Wireless Device sold by Trace or an Authorized Distributor during each such month in accordance with the following schedule: ________________________ *** Confidential material redacted and filed separately with the Commission Trace/STI Amended and Restated License Agreement Proprietary and Confidential For the avoidance of doubt, Trace shall not be obligated under this Section 3 to pay STI a client software royalty on any Wireless Device that contains a Client Program which has been included as part of a discrete position location application specific circuit that Trace has purchased from an Authorized Licensee and included in such Wireless Device provided, however, that such Authorized Licensee has paid all royalties due to STI for inclusion, use and/or distribution of the discrete position location application specific circuit containing such Client Program. On royalty reports that Trace submits for Wireless Devices, Trace will indicate whether such Wireless Devices contain Client Software or a Client Program and, if such Wireless Devices contain a Client Program, the source from which Trace obtained rights to use the Client Program.