Newly Manufactured Grail Shoes; Grind Shoes; Soap Shoes Sample Clauses

Newly Manufactured Grail Shoes; Grind Shoes; Soap Shoes. During the term of this Agreement, Licensee shall pay to Licensor twelve percent (12%) of Licensee's FOB Cost on the sale of: (i) each pair of Licensee's shoe model numbers 9023 and 9024 (the "Grail Shoes"), subject to Section 2.3(b) below, (ii) each pair of Grind Shoes; and (iii) each pair of Soap Shoes.
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