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) 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.

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.