Royalty Compensation. Virtual Dining shall pay to Xxxxxxxx, a Royalty Compensation ("Royalty Compensation") equal to twenty percent (20%) of the "Gross Reciepts," as defined herein during each Contract Year of the Term and "Gross Reciepts" shall mean the aggregate of all sales of Licensed Products sold by or on behalf of Virtual Dining.
Royalty Compensation. The Employee shall be entitled to receive a Royalty Compensation on oil contracts initiated through the efforts of employee such Royalty Compensation payments as may be determined at any time or from time to time by the Board in its discretion.
Royalty Compensation. 28.10.4.1 Each time a Distance Education course is taught at the Xxxxxxxx Xxxxxx campuses by anyone other than the Originating Faculty member(s), the Originating Faculty member(s) will be compensated for the use of their materials if the course is defined as an Independent Works or University Assisted Works.
28.10.4.2 The Originating Faculty member(s) will be paid $100 for each offering of a course they created that is taught by another Instructor of Record.
28.10.4.3 No consulting duties are tied to the Royalty Compensation. I hereby authorize Xxxxxxxx Xxxxxx University to deduct from my salary the cost of the Federation dues as determined by the Federation in accordance with the provisions of Article Four of the Agreement between the University and the Rindge Faculty Federation/AFT. This assignment and authorization shall be effective and cannot be canceled for a period of one (1) year from the date appearing below or until the termination date of the current collective bargaining agreement between the University and the Federation, whichever occurs sooner. I hereby voluntarily authorize you to continue the above authorization and assignment in effect after the expiration of the shorter of the periods above specified for further successive periods of one (1) year from such date. I agree that this authorization and assignment shall become effective and cannot be canceled by me during any of such years, but that I may cancel and revoke by giving to the appropriate management representative an individually written notice signed by me and which shall be postmarked or received by the University within fifteen (15) days following the expiration of any such year or within the fifteen (15) days following the termination date of any collective bargaining agreement between the University and the Federation covering my employment if such date shall occur within one of such annual periods. Such notice or revocation shall become effective respecting the dues for the month following the month in which such written notice is given; a copy of any such notice will be given by me to the Treasurer of the Federation. Date Signature WE HAVE BEEN ADVISED BY THE INTERNAL REVIEW SERVICE THAT DUES, CONTRIBUTIONS, AGENCY FEES, OR GIFTS TO THE RINDGE FACULTY FEDERATION ARE NOT DEDUCTIBLE AS CHARITABLE CONTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES. AMOUNTS PAID TO THE RINDGE FACULTY FEDERATION, HOWEVER, MAY QUALIFY AS BUSINESS EXPENSES, AND MAY BE DEDUCTIBLE IN LIMITED INSTANCES SU...
Royalty Compensation. (A) EQUITY ROYALTY. Pursuant to the Master Agreement, 8 shares of Clearwire Parent Class A Common Stock (as the number of such shares may be adjusted in accordance with the requirements of the Master Agreement, the "EQUITY ROYALTY") have been deposited in escrow (the "ESCROW") for delivery to Licensee pursuant to the terms of an escrow agreement (as it may be or may have been amended or replaced, the "Escrow Agreement") by and among (9) and (10) (as it may be replaced, the "ESCROW AGENT"). Clearwire shall cause the Escrow Agent to deliver the Equity Royalty to Licensee within ten (10) days of the Commencement Date. The Equity Royalty is partial consideration for the execution and delivery of this Agreement by Licensee. In the event that this Agreement is terminated pursuant to Section 11(f) or is otherwise terminated prior to the Commencement Date, the Parent Stock shares shall be released from Escrow and returned to Clearwire Parent with the blank stock powers upon the effective date of such termination. In the event that this Agreement is terminated pursuant to Section 11(g), Licensee shall transfer to Clearwire that number of Equity Royalty shares that have been issued to Licensee pursuant to this Agreement that is equal to the product of the number of Equity Royalty shares issued pursuant to this Agreement (as adjusted
Royalty Compensation. If HOST provides the services and fulfills the duties and obligations according to the terms and conditions of this Agreement, THANE agrees to pay HOST Royalty Compensation equal to [******]
Royalty Compensation. If HOST provides the services and fulfills the duties and obligations according to the terms and conditions of this Agreement, THANE agrees to pay HOST Royalty Compensation equal to [******] percent ([*****]%) of Thane Revenue (Defined in Section 5.3). Royalty Compensation will be accrued during each calendar quarter and be due and payable on the last day of the month following the quarter end.
Royalty Compensation. Employer shall pay Executive an independent monthly "founders" royalty in keeping with the existing agreement duly signed with the product developers and patent holders (Godfrey et.al.), for the Exclusive Worldwide Rights of the Emploxxx'x coxx xxerapy products, as was negotiated by the Executive on behalf of the Employer. The royalty payable shall be 5% (five per cent) of the Gross sales secured by the Employer, after outward shipping costs and sales Broker fees have been deducted and shall be for a period of ten (10) years from the date of this agreement.
Royalty Compensation. 4.1 As the total and sole compensation to be paid to Licensors under this Agreement Licensee agrees to pay Licensors the following sums at the time and in the manner hereafter provided.
4.1.1 Licensee agrees it will pay to Licensors an amount (the “Royalty”) equal to twenty five percent (25%) of all revenues, exclusive of sales or other like taxes remitted to Licensee (“Revenues”), actually received by Licensee as a result of the license, sale or other exploitation of the Licensee Applications during the term of this Agreement. The Royalty shall not apply to any revenues which must be disgorged by Licensee, and any Royalty paid on disgorged Revenues will be applied against future Royalties or, if there are no future Royalties, the same will be reimbursed by Licensors to Licensee. For each Licensee Application requested by Licensee hereunder Licensee will pay Licensors Five Hundred Dollars ($500), which will be a non-refundable advance (the “Advance”) against all Royalties due Licensors under this Agreement; provided that any such Advance will be refunded by Licensors to Licensee if they cannot deliver the Licensee Application to which the Advance relates per the Request applicable thereto.
4.1.2 Royalty payments shall be calculated and remitted on a quarterly basis, payable in U.S. dollars, not later than thirty (30) days after the end of each quarter for Revenues received in such quarter. All Royalties will be paid by Licensee to Purple Penguin, or such other Licensor as Purple Penguin may designate in writing. Each Royalty Payment will be accompanied by a written report setting forth the basis for the calculation of the Royalty Payment made, and Licensors and their representatives may from time to time review the books and records of Licensee in order to confirm the accuracy of any such report. Should any such review reveal and underpayment or overpayment of a Royalty then the appropriate party will remit such underpayment or overpayment to the other party.
Royalty Compensation. PTN Media shall pay Jordan Royalty Compensation ("Royalty Compensation") equal to twelve percent (12%) of "Gross Proceeds," as defined herein, on the sale of Licensed Products during each Contract Year of the Term. "Gross Proceeds" shall mean the aggregate of all sales of Licensed Products sold by or on behalf of PTN Media, less any actual returns. However, in each Contract Year, the Minimum Annual Royalty Compensation shall first be credited against the Royalty Compensation; provided, however, that for purposes of calculating the Royalty Compensation for the First Contract Year, the Minimum Annual Royalty Compensation to be credited against the Royalty Compensation for the First Contract Year shall be One Million One Hundred and Twenty Five Thousand Dollars ($1,125,000). For purposes of this Agreement, the quarters are as follows:
Royalty Compensation
