CONSIDERATION TO LICENSOR. LICENSEE shall pay for every next period, the license fees and period set forth in Exhibit A or Exhibit B. • LICENSEE may choose any Licensed Programs in Exhibit A or Exhibit B. • License fees do not include any shipping, duties, bank fees, sales, use, excise or similar taxes due. If LICENSOR is required to pay any such amounts, LICENSEE shall reimburse LICENSOR in full. • LICENSEE may use Licensed Programs for free for a trial period of 14 days.
CONSIDERATION TO LICENSOR a. Licensee shall pay Licensor a monthly fee of, due on the 1st of each month, as follows (the “Monthly Payments”):
i. 1 to 4,999 Units $3,100 per month
ii. 5,000 to 9,999 Units $4,500 per month
iii. 10,000 to 24,999 Units $5,800 per month
CONSIDERATION TO LICENSOR. (a) In further consideration of the License granted hereunder, Licensee shall pay to Licensor a running royalty equal to three percent (3%) of net sales of Products twenty-five (25) days after the calendar year end or twenty-five (25) days after termination for any reason, whichever is applicable. As used herein, "Net Sales" shall mean gross sales less cash discounts and merchandising allowances, but in no case shall Net Sales price, for purposes of royalty calculation, fall below Thirteen Dollars and Fifteen cents ($ 13.15) per case of Banana Cookies, 8 which for the purposes of this Agreement shall be defined as twelve (12) boxes of 10.25 oz. (approximate weight) Banana Cookie packages ("Banana Cookie Case"); and Ten Dollars and Twenty-Five cents ($10.25) per case of Banana Strawberry Fruit Bars, which for the purposes of this Agreement shall be defined as twelve (12) boxes of 12 oz. (approximate weight) Banana Strawberry Fruit Bar packages ("Banana Strawberry Fruit Bar Case").
CONSIDERATION TO LICENSOR. As consideration for the License, LICENSEE and LICENSOR agree that the consideration in all forms received pursuant to the Settlement Agreement and Mutual General Release entered into by and between the LICENSEE, LICENSOR and other parties of which this PERPETUAL EXCLUSIVE LICENSE AGREEMENT is an integral part of and a condition thereto is adequate, satisfactory consideration for this license and no additional consideration is required for the entire Term of this License.
CONSIDERATION TO LICENSOR. In consideration for the grant of the licenses under this Agreement and under that certain Confidential License Agreement dated as of January 19, 2006 by and among USC, Caltech and Licensee (collectively the “Licenses”), Licensee shall issue to USC and Caltech in equal shares, a number of shares (the “License Shares”) of the Common Stock of DMFCC equal to the difference between (i) fifteen (15%) of the issued and outstanding shares of common stock determined on a fully diluted basis (as defined in the Technology Transfer and Subscription Agreement dated May 21, 2002) and (ii) 5,000 of the 8,000 shares delivered as consideration for the Option Agreement (the “Shares”). Licensee also agrees to pay royalties on the Licensed Technology as set forth herein and in the Confidential License Agreement.
CONSIDERATION TO LICENSOR. 2.1 User shall pay, upon delivery of the Licensed Programs, the license fees set forth in Exhibit A attached hereto.
2.2 License fees do not include any shipping, duties, bank fees, sales, use, excise or similar taxes due. If Licensor is required to pay any such amounts, User shall reimburse Licensor in full.
CONSIDERATION TO LICENSOR. As consideration for Licensor's execution of this Agreement, Licensee shall, upon execution of this Agreement, deliver to Licensor a certificate representing the Licensor Common Stock and the Licensor Warrants.
CONSIDERATION TO LICENSOR. In consideration for the grant of the licenses under this Agreement and under that certain Non-Exclusive License Agreement dated as of January 19, 2006 by and among USC, Caltech and Licensee (collectively the “Licenses”), Licensee shall issue to USC and Caltech in equal shares a number of shares (the “License Shares”) of the common stock of DMFCC equal to the difference between (i) fifteen percent (15%) of the issued and outstanding shares of Common Stock (as defined in the Technology Transfer and Subscription Agreement dated May 21, 2002) determined on a fully diluted basis and (ii) 5,000 of the 8,000 shares delivered as consideration for the Option Agreement and amendments thereto (the “Option Shares”) (the License Shares and the Option Shares are collectively, the “Shares”). Licensee also agrees to pay royalties on the Licensed Technology as set forth herein and in the Non-Exclusive License Agreement.
CONSIDERATION TO LICENSOR a. Licensee shall pay, upon delivery of the Licensed Services, the subscription and license fees set forth in Exhibit A attached hereto.
b. Subscription and License fees do not include any shipping, duties or bank fees. If Licensor is required to pay any such amounts, Licensee shall reimburse Licensor in full.
CONSIDERATION TO LICENSOR
