PAYMENTS/ROYALTIES. 7.1 This paragraph is intentionally left blank.
(a) If TALENT appears and performs in any Event in an arena before a live audience at which admission is charged other than those arena events which are taped or broadcast for purposes pursuant to paragraph 7.2 (b) and paragraph 7.2 (c) hereof (hereinafter “House Shows”), TALENT shall be paid by COMPANY an amount equal to such percentage of the paid receipts for such House Show from the live House Show gate receipts only as is consistent with the nature of the match in which TALENT appears, i.e., preliminary, mid-card, main event, etc. and any standards COMPANY establishes specifically for such House Show. However, such amount shall not be less than One Hundred Fifty Dollars ($150.00) per House Show.
(b) If TALENT appears and performs in connection with an arena or studio Event which is taped or broadcast for use on COMPANY's television network or on a pay-per-view basis (“TV Taping”), TALENT shall be paid by COMPANY an amount not less than Fifty Dollars ($50.00) for each day of TV Taping, if any, on which TALENT renders services hereunder in connection with the production of the TV Taping.
7.3 PROMOTER shall not be liable in any way to pay royalties, residuals, fees, or any other compensation whatsoever to WRESTLER in connection with the performance of WRESTLER’s Services hereunder other than as set forth in Paragraph 7.2 above.
7.4 This paragraph is intentionally left blank.
7.5 This paragraph is intentionally left blank.
7.6 In the event the Original and/or New Intellectual Property are used by COMPANY or licensed, sublicensed or assigned for non-wrestling personal appearances and performances such as personal appearances for advertising or non-wrestling promotional purposes, radio and television commercials, movies, etc., TALENT shall earn an amount to be mutually agreed to by TALENT and by COMPANY.
7.7 If COMPANY instructs TALENT to appear and perform in any Events or Programs as a commentator and/or to participate in post-Event production and/or voice-over activities as a commentator, TALENT's commentating shall be deemed work-for-hire and TALENT hereby assigns to COMPANY and COMPANY shall own all rights, in perpetuity, to all of TALENT's commentary and TALENT shall not be entitled to receive any royalty payments, or any additional compensation or residual payments whatsoever, as a result of COMPANY's commercial exploitation of such commentary in any form, whether broadcast programming, cable programmin...
PAYMENTS/ROYALTIES. (a) Unless terminated pursuant to the terms herein, PROMOTER shall pay WRESTLER each Contract Year the total sum of One Million US Dollars ($1,000,000.00) (referred to hereinafter as “Minimum Annual Compensation”). PROMOTER agrees, commencing with the Effective Date, to pay WRESTLER the Minimum Annual Compensation in fifty-two (52) weekly installments consistent with PROMOTER’s regular payment procedures.
(b) PROMOTER shall be entitled to deduct from the Minimum Annual Compensation any fines levied against WRESTLER, as provided for in Sections 8.3 or 9.13(a); any costs or expenses paid by PROMOTER on behalf of WRESTLER, as provided for in Sections 8.1 and 9.13(b). PROMOTER shall also have the right to credit against the Minimum Annual Compensation: (i) any royalties earned by WRESTLER; (ii) any payments made to WRESTLER by PROMOTER in accordance with Section 7.2; and/or (iii) any other payments due or earned by WRESTLER for the rights granted herein or pursuant to the terms of this Agreement. For the purposes of this Agreement, any royalty payments due shall be deemed “earned” only at the time they are paid to WRESTLER.
(c) Unless terminated for breach pursuant to Sections 12.1(a) through (f) and 12.2, if applicable, at least one hundred twenty (120) days after each Contract Year, if it is determined that WRESTLER has earned more than the Minimum Annual Compensation for services rendered during that Contract Year, WRESTLER shall be paid subject to any permitted deductions or credits in accordance with Section 7.1(b), in a one lump sum the difference between the Minimum Annual Compensation and what WRESTLER actually earned for services rendered during that Contract Year.
(a) If WRESTLER appears and performs in any Non-Televised Live Event, defined as an Event produced by PROMOTER in an arena before a live audience at which admission is charged other than those arena events which are taped or broadcast as set forth in Sections 7.2 (b) and 7.2 (c) below, WRESTLER shall be paid by PROMOTER an amount equal, in PROMOTER’s sole discretion, to such percentage of the paid receipts for such Non-Televised Live Event only as is consistent with the nature of the match in which WRESTLER appears, i.e., preliminary, mid-card, main event, etc. and any standards PROMOTER establishes specifically for such Non-Televised Live Event.
(b) If WRESTLER appears and performs in connection with an arena or studio Event produced by PROMOTER which is taped or broadcast for use on PROMO...
PAYMENTS/ROYALTIES. With respect to all Units, ROCHE shall make payments to CHIRON as set forth in Exhibit A. ARTICLE
PAYMENTS/ROYALTIES. With respect both to CHIRON Licensed Products sold or Shipped, ROCHE shall make payments to CHIRON as set forth in Exhibit A.
PAYMENTS/ROYALTIES. 4.01 For the license granted to SAVYON under this Agreement, SAVYON will pay to WRF a non-refundable license fee of Forty Thousand Dollars (US$ 40,000), payable as follows:
(a) $30.000 within ten (10) days of the Agreement Date
(b) $10.000 on or before the first anniversary of the Agreement Date. Such payment shall be creditable against future earned royalties payable to WRF based upon Sales made prior to January 1. 1997.
4.02 For the license granted to SAVYON under this Agreement. SAVYON will pay to WRF an earned royally equal to seven percent (7.0%} of Net Sales made in the Territory.
4.03 Royalties shall be paid to WRF twice per year and shall reflect Net Sales made during each calendar half-year. Royalties snail be payable within 60 days of the expiration of each calendar half-year.
4.04 For the license granted to SAVYON under this Agreement. SAVYON will pay to WRF a non-refundable annual license administration fee of Three thousand five hundred Dollars (US$ 3,500), first due and payable on the first anniversary of the Agreement Date and annually thereafter on each anniversary of the Agreement Date.
4.05 All monies due WRF under this Agreement shall be paid in United States Dollars. The rate of exchange to be used in computing the amount of any foreign currency payments equivalent to United Slates Dollars shall be made at the rate of exchange in effect at the Chase Manhattan Bank on the last business day of the calendar half-year that the royalty payment accrues.
4.06 All fees and royalties due WRF under this Agreement not received when due will be subject to interest charged at 19.0% per annum compounded monthly at the first of each calendar month. Payments received by the WRF will be applied first to the outstanding interest due and then to the outstanding principal due. Payment of such interest shall not limit WRF from exercising any other rights it may have as a consequence of the lateness of any payment.
PAYMENTS/ROYALTIES. With respect to all Units, ROCHE shall make payments to CHIRON as set forth in Exhibit A. For the avoidance of doubt, payments are due CHIRON only with respect to [**] ARTICLE 4
PAYMENTS/ROYALTIES. With respect to all Units, ROCHE shall make payments to CHIRON as set forth in Exhibit A. For the avoidance of doubt, payments are due CHIRON only with respect to (a) CHIRON Licensed Products sold in a country within the Region where there is a Valid Claim of a CHIRON Licensed Patent and (b) CHIRON Licensed Products used by ROCHE or its Affiliates to perform assays for commercial purposes or by an End User in a country within the Region where there is a Valid Claim of a CHIRON Licensed Patent. ARTICLE
PAYMENTS/ROYALTIES. 5.1 Gevo shall pay a license signing fee to Cargill in the amount of $[…***…] payable thirty (30) days after the Effective Date of this Agreement.
5.2 Upon the completion of each milestone (or upon election to pay a fee in lieu of completing a milestone no later than the deadline date, as applicable) as defined in Appendix A, Gevo shall pay Cargill as follows:
a. Completion of milestone 1 - $[…***…];
b. Completion of milestone 2 - $[…***…] payable as $[…***…] per month from August to December 2009 and $[…***…] over three (3) consecutive Quarters beginning January 1, 2010. For purposes of clarity, the payments are due on the first business day of the month;
c. Completion of milestone 3 - $2,000,000 to be paid in equal amounts of $250,000 per Quarter for eight (8) consecutive Quarters beginning on the first Quarter after the completion of this milestone or the first Quarter of 2011, whichever is later;
d. Completion of milestone 4 - $[…***…]
e. Completion of milestone 5a - $[…***…] or in the alternative Completion of milestone 5b - $[…***…]
5.3 Gevo shall pay Cargill a royalty based on the Net Sale of the Product during each calendar quarter per the schedule below. This royalty will include all volumes sold by Gevo sublicensees: 5.4 […***…]
5.5 On the last day of each Quarter, Gevo shall submit to Cargill quarterly reports and royalty payments for each immediately preceding Quarter. Each report shall contain the amount of Net Sales of Product in the preceding Quarter and the total amount of royalties based on the aggregate amount of Product sold year to date that would be due to Cargill.
5.6 Gevo and its respective sublicensees shall keep complete, true and accurate books and records for the purpose of determining and verifying royalty obligations. Gevo agrees to permit its books and records to be examined by an independent auditor not more than once per year, for the purpose of verifying the payments for Cargill. Gevo will ensure that sublicensees books and records can be examined by an independent auditor on an annual basis on Cargill’s behalf solely to ensure compliance with this Section 5. Cargill will pay all costs associated with any audits for this purpose, however in the event such audit reveals a discrepancy greater than […***…] of the total amount of royalties owed to Cargill, Gevo agrees to pay for the cost of such audit (including sublicensees audits).
5.7 Any payments to be made hereunder that remain due and unpaid after a period of thirty (30) ...
PAYMENTS/ROYALTIES. With respect both to CHIRON Licensed Products sold or Shipped, ROCHE shall make payments to CHIRON as set forth in Exhibit A. ARTICLE 4
