Common use of Graffiti 2 Software Clause in Contracts

Graffiti 2 Software. For Graffiti 2 Software distributed as a Stand-alone Product, Licensee shall pay to PalmSource a non-refundable royalty in an amount equal to the greater of (i) [**] of the Net New-Release Revenue for each copy of Graffiti 2 Software distributed to Graffiti Customers, or (ii) a per unit minimum of [**]. Licensee shall pay a per copy royalty as set forth above for each copy that is distributed. For purposes of royalty payments for the Graffiti 2 Software only, Licensee shall not be required to remit royalties under the Agreement until the amount of accrued but unpaid royalties exceeds [**], at which time all accrued royalties for Graffiti 2 Software shall be paid along with the other royalty payments for the respective quarter.

Appears in 2 contracts

Samples: Software License Agreement (Palm Inc), Software License Agreement (Palmsource Inc)

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Graffiti 2 Software. For Graffiti 2 Software distributed as a Stand-alone Product, Licensee shall pay to PalmSource a non-refundable royalty in an amount equal to the greater of (i) [**] fifty percent (50%) of the Net New-Release Revenue for each copy of Graffiti 2 Software distributed to Graffiti Customers, or (ii) a per unit minimum of [**]fifteen cents ($0.15). Licensee shall pay a per copy royalty as set forth above for each copy that is distributed. For purposes of royalty payments for the Graffiti 2 Software only, Licensee shall not be required to remit royalties under the Agreement until the amount of accrued but unpaid royalties exceeds [**]$1,000, at which time all accrued royalties for Graffiti 2 Software shall be paid along with the other royalty payments for the respective quarter.

Appears in 2 contracts

Samples: Software License Agreement (Palm Inc), Software License Agreement (Palmsource Inc)

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