Common use of PS Product Software Clause in Contracts

PS Product Software. Licensee shall pay to PalmSource a non-refundable annual Maintenance and Support Fee for the PS Product Software for each Contract Year. Subject to any increases permitted under Section III(H) of this Exhibit D (Fee Increases), the amount of such annual fee shall be [**] for each Contract Year. Such fee shall be paid in equal quarterly installments of [**] due and payable in advance on the first day of each fiscal quarter during the respective Contract Year. The initial installment of [**] shall be due and payable immediately upon the Effective Date. However, if Licensee chooses to reduce the fees for PS Product Software in accordance with the terms set forth in Section 5.2(b)(iii) of the Agreement, and complies with the conditions set forth in Section 5.2(b)(iii) of the Agreement for such reduction, then the foregoing annual fee of [**] for each Contract Year shall be reduced to [**] for each Contract Year.

Appears in 2 contracts

Samples: Software License Agreement (Palmsource Inc), Software License Agreement (Palm Inc)

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PS Product Software. Licensee shall pay to PalmSource a non-refundable annual Maintenance and Support Fee for the PS Product Software for each Contract Year. Subject to Section 17.8(b) of the Agreement and to any increases permitted under Section III(H) of this Exhibit D (Fee Increases), the amount of such annual fee shall be [**] for each Contract YearYear for Licensee Products. Such fee shall be due on the first day of the applicable Contract Year, but may be paid in equal quarterly installments of [**] due and payable in advance on the first day of each fiscal quarter during the respective Contract Year. The initial installment of [**] shall be due and payable immediately upon the Effective Date]. However, if Licensee chooses to reduce the fees for PS Product Software in accordance with the terms set forth in Section 5.2(b)(iii) of the Agreement, and complies with the conditions set forth in Section 5.2(b)(iii) of the Agreement for such reduction, then the foregoing annual fee of [**] for each Contract Year for Licensee Products shall be reduced to [**] for each Contract Year.

Appears in 2 contracts

Samples: Software License Agreement (Palm Inc), Software License Agreement (Palmsource Inc)

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