License Fees and Royalties. In consideration of the license granted under this Agreement, LICENSEE shall pay to LICENSOR, the Initial License Fee in the manner designated below and the Earned Royalties and the Pass Through Royalties until the Agreement shall be terminated, as follows:
Appears in 3 contracts
Samples: Exclusive License Agreement (Co-Diagnostics, Inc.), Exclusive License Agreement (Watermark Group, Inc.), Exclusive License Agreement (Watermark Group, Inc.)
License Fees and Royalties. In consideration of the license granted under this Agreement, LICENSEE shall pay to LICENSOR, the Initial License Fee in the manner designated below and the Earned Royalties and the Pass Through Royalties until the Agreement shall be terminated, as follows:
Appears in 1 contract
Samples: Exclusive License Agreement
