Royalty and Payments. In consideration of the Technical Information and the Industrial Property Rights furnished by Licensor to Licensee hereunder, Licensee shall pay to Licensor a royalty fee. Royalty fee is at a rate of $50.00 USD per unit, payable separately at the time of each purchase of ingredients from Licensor and is currently included in the AirKrete unit price.
Appears in 4 contracts
Samples: International Non Exclusive License Agreement, International Non Exclusive License Agreement, International Non Exclusive License Agreement