Non-Revenue Use; Enhancement Fees. (a) In addition to Revenue Sharing Payments, Licensees shall pay PVI a fee in connection with any insertion of Electronic Images in Licensed Telecasts for which Licensees do not receive Revenue (e.g. non-sponsored virtual first down lines, speed of pitch displays, etc. viewer enhancements) ("Enhancements"). If PVI provides services to provide insertion of any such Enhancement, Licensees shall pay PVI a fee equal to [CONFIDENTIAL TREATMENT REQUESTED] of PVI's direct costs (as reasonably determined by PVI) to provide such Enhancement to Licensees (provided that such rate shall be reduced to [CONFIDENTIAL TREATMENT REQUESTED] for the first 6 months after first use of any Enhancement by any Licensee). If Licensees insert an Enhancement without use of PVI's services, Licensees shall pay PVI a fee equal to [CONFIDENTIAL TREATMENT REQUESTED] of PVI's reasonable estimated cost to have provided services to insert such Enhancement (provided that such fee shall be waived for the first 6 months after first use of any Enhancement by any Licensee). For purposes of this provision, PVI's costs may include allocable amortization costs of equipment not already leased to Licensees hereunder which is used by PVI directly in connection with providing the Enhancement to Licensees and all direct out of pocket costs associated with such insertion, including labor, as reasonably determined by PVI, from time to time. If Enhancements are provided by PVI, Licensees shall make payment of Enhancement Fees within 30 days of invoice by PVI. If Enhancements are provided by Licensees, Licensees shall make payment of applicable fees as provided in Section 3.5.
Appears in 3 contracts
Samples: Shareholders Agreement (Princeton Video Image Inc), Shareholders Agreement (Princeton Video Image Inc), System License Agreement (Princeton Video Image Inc)
Non-Revenue Use; Enhancement Fees. (a) In addition to Revenue Sharing Payments, Licensees shall pay PVI a fee in connection with any insertion of Electronic Images in Licensed Telecasts for which Licensees do not receive Revenue (e.g. non-sponsored virtual first down lines, speed of pitch displays, etc. viewer enhancements) ("Enhancements"). If PVI provides services to provide insertion of any such Enhancement, Licensees shall pay PVI a fee equal to [CONFIDENTIAL TREATMENT REQUESTED**] of PVI's direct costs (as reasonably determined by PVI) to provide such Enhancement to Licensees (provided that such rate shall be reduced to [CONFIDENTIAL TREATMENT REQUESTED**] for the first 6 months after first use of any Enhancement by any Licensee). If Licensees insert an Enhancement without use of PVI's services, Licensees shall pay PVI a fee equal to [CONFIDENTIAL TREATMENT REQUESTED**] of PVI's reasonable estimated cost to have provided services to insert such Enhancement (provided that such fee shall be waived for the first 6 months after first use of any Enhancement by any Licensee). For purposes of this provision, PVI's costs may include allocable amortization costs of equipment not already leased to Licensees hereunder which is used by PVI directly in connection with providing the Enhancement to Licensees and all direct out of pocket costs associated with such insertion, including labor, as reasonably determined by PVI, from time to time. If Enhancements are provided by PVI, Licensees shall make payment of Enhancement Fees within 30 days of invoice by PVI. If Enhancements are provided by Licensees, Licensees shall make payment of applicable fees as provided in Section 3.5.
Appears in 1 contract
Samples: System License Agreement (Princeton Video Image Inc)