Common use of Payment Schedule and Royalty Reporting Clause in Contracts

Payment Schedule and Royalty Reporting. Within forty-five (45) days after the end of each Quarter during the term of this License Agreement, Licensee shall submit to Licensing Company (even in the event that no Shipments of Licensed Product have been made) a Royalty Reporting Form signed by a duly authorized officer on behalf of Licensee, setting forth with respect to the preceding Quarterly period: (a) the total quantities of Licensed Products Shipped by and for Licensee and its Licensee Affiliates, specified per the functionality of the BD-Capable Drive (if any) sufficient to determine the specific Standard Rate that is applicable to the Licensed Product, and further specified by: (i) in the case of a Shipments due to a physical transfer, the country in which the Shipments originated; (ii) in the case of a Shipment due to a physical transfer, the country of destination of the Shipment; (iii) to the extent known to Licensee and the applicable Licensee Affiliate, the country in which the Licensed Products will ultimately be sold to end- users or, in the case of a Shipment due to an activation of Trial/Disabled Software, the country in which the Licensed Products were ultimately sold to end-users; (iv) in the case of a Shipment due to a transfer of title (without physical transfer), the country of the location of the Licensed Products at the time of Shipment; and (v) in the case of a Shipment due to an activation or enabling of Trial/Disabled Software, to the extent known to Licensee, the country in which the Trial/Disabled Software was developed. (b) a computation of the royalties due under this License Agreement prior to the royalty offsetting of Section 5.2.

Payment Schedule and Royalty Reporting. Within forty-five (45) days after the end of each Quarter during the term of this License Agreement, Licensee shall submit to Licensing Company (even in the event that no Shipments of Licensed Product have been made) a Royalty Reporting Form signed by a duly authorized officer on behalf of Licensee, setting forth with respect to the preceding Quarterly period: (a) the total quantities of Licensed Products Shipped by and for Licensee and its Licensee AffiliatesParties, specified per the functionality of the BDUHD-Capable Drive (if any) sufficient to determine the specific Standard Rate that is applicable to the Licensed Product, and further specified by: (i) in the case of a Shipments due to a physical transfer, the country in which the Shipments originated; (ii) in the case of a Shipment due to a physical transfer, the country of destination of the Shipment; (iii) to the extent known to Licensee and the applicable Licensee Affiliate, the country in which the Licensed Products will ultimately be sold to end- end-users or, in the case of a Shipment due to an activation of Trial/Disabled Software, the country in which the Licensed Products were ultimately sold to end-users; (iv) in the case of a Shipment due to a transfer of title (without physical transfer), the country of the location of the Licensed Products at the time of Shipment; and (v) in the case of a Shipment due to an activation or enabling of Trial/Disabled Software or downloading of Downloaded Software, to the extent known to Licensee, the country in which the Trial/Disabled Software or Downloaded Software was developed. (b) a computation of the royalties due under this License Agreement prior to the royalty offsetting of Section 5.26.2.

Payment Schedule and Royalty Reporting. Within forty-five (45) days after the end of each Quarter during the term of this License Agreement, Licensee shall submit to Licensing Company (even in the event that no Shipments of Licensed Product have been made) a Royalty Reporting Form signed by a duly authorized officer on behalf of Licensee, setting forth with respect to the preceding Quarterly period: (a) the total quantities of Licensed Products Shipped by and for Licensee and its Licensee AffiliatesParties, specified per the functionality of the BD-Capable Drive (if any) sufficient to determine the specific Standard Rate that is applicable to the Licensed Product, and further specified by: (i) in the case of a Shipments due to a physical transfer, the country in which the Shipments originated; (ii) in the case of a Shipment due to a physical transfer, the country of destination of the Shipment; (iii) to the extent known to Licensee and the applicable Licensee Affiliate, the country in which the Licensed Products will ultimately be sold to end- end-users or, in the case of a Shipment due to an activation of Trial/Disabled Software, the country in which the Licensed Products were ultimately sold to end-users; (iv) in the case of a Shipment due to a transfer of title (without physical transfer), the country of the location of the Licensed Products at the time of Shipment; and (v) in the case of a Shipment due to an activation or enabling of Trial/Disabled Software or downloading of Downloaded Software, to the extent known to Licensee, the country in which the Trial/Disabled Software or Downloaded Software was developed. (b) a computation of the royalties due under this License Agreement prior to the royalty offsetting of Section 5.26.2.

Payment Schedule and Royalty Reporting. Within forty-five (45) days after the end of each Quarter during the term of this License Agreement, Licensee shall submit to Licensing Company (even in the event that no Shipments of Licensed Product have been made) a Royalty Reporting Form signed by a duly authorized officer on behalf of Licensee, setting forth with respect to the preceding Quarterly period: (a) the total quantities of Licensed Products Shipped by and for Licensee and its Licensee AffiliatesParties, specified per the functionality of the BD-Capable Drive (if any) sufficient to determine the specific Standard Rate that is applicable to the Licensed Product, and further specified by: (i) in the case of a Shipments due to a physical transfer, the country in which the Shipments originated; (ii) in the case of a Shipment due to a physical transfer, the country of destination of the Shipment; (iii) to the extent known to Licensee and the applicable Licensee Affiliate, the country in which the Licensed Products will ultimately be sold to end- end-users or, in the case of a Shipment due to an activation of Trial/Disabled Software, the country in which the Licensed Products were ultimately sold to end-users; (iv) in the case of a Shipment due to a transfer of title (without physical transfer), the country of the location of the Licensed Products at the time of Shipment; and (v) in the case of a Shipment due to an activation or enabling of Trial/Disabled Software or downloading of Downloaded Software, to the extent known to Licensee, the country in which the Trial/Disabled Software or Downloaded Software was developed. (b) a computation of the royalties due under this License Agreement prior to the royalty offsetting of Section 5.2.6.2. Reference Copy

Payment Schedule and Royalty Reporting. Within forty-five (45) days after the end of each Quarter during the term of this License Agreement, Licensee shall submit to Licensing Company (even in the event that no Shipments of Licensed Product have been made) a Royalty Reporting Form signed by a duly authorized officer on behalf of Licensee, setting forth with respect to the preceding Quarterly period: (a) the total quantities of Licensed Products Shipped by and for Licensee and its Licensee Affiliates, specified per the functionality of the BD-Capable Drive (if any) sufficient to determine the specific Standard Rate that is applicable to the Licensed Product, and further specified by: (i) in the case of a Shipments due to a physical transfer, the country in which the Shipments originated; (ii) in the case of a Shipment due to a physical transfer, the country of destination of the Shipment; (iii) to the extent known to Licensee and the applicable Licensee Affiliate, the country in which the Licensed Products will ultimately be sold to end- users or, in the case of a Shipment due to an activation of Trial/Disabled Software, the country in which the Licensed Products were ultimately sold to end-users; (iv) in the case of a Shipment due to a transfer of title (without physical transfer), the country of the location of the Licensed Products at the time of Shipment; and (v) in the case of a Shipment due to an activation or enabling of Trial/Disabled Software, to the extent known to Licensee, the country in which the Trial/Disabled Software was developed. (b) a computation of the royalties due under this License Agreement prior to the royalty offsetting of Section 5.2.. Reference Copy