License Fees for EPN. Upon the Effective Date, EPN Content Participant shall be required to pay a supplemental administration fee (which fee shall be included in the Administration Fee) in the amount of $250,000 on each of the next three (3) successive anniversaries of the Effective Date and $125,000 on each of the next following three (3) anniversaries of the Effective Date. At the end of such six (6)-year period, Licensor will consider whether continuation, reduction or elimination of such supplemental administration fee is warranted based on such factors as continuing consumer complaints, and any costs and obligations incurred by Licensor, Adopters and retailers that arise from their support of EPN.
Appears in 6 contracts
Samples: Content Participant Agreement, Content Participant Agreement, Content Participant Agreement
