Common use of NEW GENERATION RELEASES Clause in Contracts

NEW GENERATION RELEASES. If during the Term of the Technology License WEITEK desires to receive any new Generation releases; i.e., beyond the R5000, then WEITEK shall pay MIPS a one-time, up-front, non-recoverable license fee of $1,000,000 for each new Generation within thirty (30) days of delivery of the release. Included in the fee for any such new Generation releases will be one (1) year of maintenance comparable to what is provided herein in connection with the initial Deliverables. The above fee includes Lineal Descendants to the same Generation releases. WEITEK may not skip a Generation.

Appears in 2 contracts

Samples: Technology License Agreement, Technology License Agreement (PMC Sierra Inc)

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NEW GENERATION RELEASES. If during the Term of the Technology License WEITEK desires to receive any new Generation releases; i.e., beyond the R5000, then WEITEK shall pay MIPS a one-time, up-front, non-recoverable license fee of $1,000,000 [*] for each new Generation within thirty (30) days of delivery of the release. Included in the fee for any such new Generation releases will be one (1) year of maintenance comparable to what is provided herein in connection with the initial Deliverables. The above fee includes Lineal Descendants to the same Generation releases. [*] WEITEK may not skip a Generation.

Appears in 2 contracts

Samples: Technology License Agreement (PMC Sierra Inc), Technology License Agreement (Quantum Effect Devices Inc)

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