Minimum Guaranteed Royalties Clause Samples

Minimum Guaranteed Royalties. Licensee shall pay Licensor the following minimum guaranteed royalties (“Minimum Guaranteed Royalties”) on the schedule set out below (for purposes hereof, a Contract Year shall be based on the annual anniversary of the first day of the month immediately preceding the Effective Date): Contract Year 1 $______________ on the 15th day of each month Contract Year 2 $______________ on the 15th day of each month Contract Year 3 $______________ on the 15th day of each month Contract Year 4 $______________ on the 15th day of each month Contract Year 5 $______________ on the 15th day of each month

Minimum Guaranteed Royalties. The minimum annual royalty guarantees ("Guaranteed Minimum") to be paid by LICENSEE to LICENSOR shall be as follows: For the period December 1, 1993 through December 31, 1998, there shall be no Guaranteed Minimum due LICENSOR in addition to the Advance already paid; and For each twelve month period from January 1, 1999 through December 31, 2001, and annually thereafter during any Renewal Term, the Guaranteed Minimum shall be $500,000; provided, however, if during the period of December 1, 1993 through December 31, 1998 aggregate Net Royalties earned in the amount of at least $1,000,000 are not achieved, then LICENSEE shall be permitted to reduce the $500,000 Guaranteed Minimum for the period January 1, 1999 to December 31, 1999 by an amount equal to the difference between the $1,000,000 Advance and actual Net Royalties earned up to a maximum of $350,000. The Guaranteed Minimum amounts due after January 1, 1999, are due and payable in equal quarterly installments at the end of each calendar quarter within the applicable time period of the Initial Term or any Renewal Term unless otherwise paid as Net Royalties or the Advance during such period. The Guaranteed Minimum shall stand alone. No carry-over of excess Net Sales (over the Guaranteed Minimum) or deficiency of Net Sales (under the Guaranteed Minimum) into subsequent time periods within the Term or any renewal term shall be allowed unless otherwise specifically noted above."

Minimum Guaranteed Royalties. To be determined in accordance with the per unit royalty and the minimum quantities as described in this Exhibit H; provided that it shall be no less than three million five hundred thousand Japanese Yen (yen3,500,000.-).

Minimum Guaranteed Royalties. Company projects that the Gross Revenue generated from the sale of the Endorsed Products will be as follows during the Term: • Contract Year 2011/2012: $3,255,000USD • Contract Year 2012/2013: $10,950,000USD • Contract Year 2013/2014: $20,075,000USD In any Contract Year during the Term, Company guarantees to pay EP Royalties to A▇▇▇▇▇▇ up to fifty percent (50%) of the Gross Revenue projections set forth above for such Contract Year (herein “Minimum Royalties”). If at the end of any Contract Year during the Term Company does not pay A▇▇▇▇▇▇ ▇▇ Royalties equal to fifty percent (50%) of the Gross Revenue projections referenced above, then Company shall pay A▇▇▇▇▇▇ the difference from what EP Royalties were paid in such Contract Year and the amount equal to fifty percent (50%) of the Gross Revenue projected in such Contract Year. If Minimum Royalties are due to A▇▇▇▇▇▇, Company shall pay A▇▇▇▇▇▇ on or before thirty (30) days after the end of such Contract Year.

Minimum Guaranteed Royalties. The Minimum Guaranteed Royalties shall ---------------------------- be as set forth below: MINIMUM FISCAL YEAR GUARANTEED ROYALTY ----------- ------------------ 2/01/98 - 1/30/99 $ 9,000,000 1/31/99 - 1/29/00 $ 9,000,000 1/30/00 - 2/03/01 $10,500,000 2/04/01 - 2/02/02 $10,500,000 2/03/02 - 2/01/03 $10,500,000 2/02/03 - 1/31/04 $10,500,000

Minimum Guaranteed Royalties. If the Earned Royalty for any month during a Contract Year is less than the following minimum guaranteed royalties (“Minimum Guaranteed Royalties”) on the schedule set out below (for purposes hereof, a Contract Year shall be based on the annual anniversary of the first day of the month immediately preceding the Effective Date), then Licensee shall also pay Licensor the difference between the Minimum Guaranteed Royalty and the Earned Royalty on a monthly basis, as adjusted for the Licensing Fee in Contract Year 1: Contract Year 1 $12,000 Licensing Fee Effective Date Contract Year 2 $2,000.00 on the 15th day of each month Contract Year 3 $4,000.00 on the 15th day of each month Contract Year 4 $6,000.00 on the 15th day of each month Contract Year 5 $8,000.00 on the 15th day of each month