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.
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. 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. 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. 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. 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: (1) August 1 to October 31; (2) November 1 to January 31; (3) February 1 to April 30; and (4) May 1 to July 31.
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.
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
