LICENSEE and its Controlled Clause Samples

LICENSEE and its Controlled. Companies represent and warrant that at the time of termination or expiration of this Agreement for any reason, LICENSEE and its Controlled Companies shall immediately cease the manufacture, sale, importation or any other disposition of Licensed Products. Should LICENSEE or any of its Controlled Companies breach the above representation by failing to cease the manufacture, sale, importation or any other disposition of Licensed Products after termination or expiration of this Agreement, LICENSEE agrees to pay a penalty in the amount of US Dollars ten (US$ 10.00) for each Licensed Products manufactured, sold, imported or disposed of by LICENSEE or any of its Controlled Companies after termination or expiration of this Agreement. As an exception to immediate cessation, Licensed Products that are already manufactured at the termination/expiration date, and are included by LICENSEE and/or its Controlled Companies in a royalty statement forwarded to Audio MPEG and SISVEL in accordance with Article 5.03 above, and for which a royalty has been paid, may be sold provided that LICENSEE and its Controlled Companies agree in writing not to oppose any proceedings that they be enjoined from any other activity if they do not immediately cease.