LICENSE PAYMENT AND INCREASE. A. For the Initial Term and any subsequent Renewal Term(s) of this Agreement, Licensee shall pay Department a minimum annual Term Fee of One Thousand Eight Hundred ($1,800.00) Dollars in accordance with the Payment Schedule set forth in Exhibit B as consideration for the License and privilege granted herein. The Term Fee for the Initial Term shall be prorated.
LICENSE PAYMENT AND INCREASE. A. Licensee shall pay Department compensation as indicated below:
LICENSE PAYMENT AND INCREASE. A. For the Initial Term of the Agreement, Licensee shall pay Department a minimum License Payment of Six Thousand ($6,000.00) Dollars in accordance with the License Payment Schedule set forth in Exhibit B as consideration for the License and privilege granted. For subsequent Renewal Terms, if any, Licensee shall pay Department in accordance with the License Payment Schedule set forth in Exhibit B. The License Payment for the Initial Term shall be prorated.
