Corporate Deal definition
Corporate Deal is defined for the purpose of this Agreement as being any strategic partnership, licensing arrangement or similar venture, between the Corporation and one or more unrelated parties introduced to the Corporation by Consultant, and relating to the development and sale of the Corporation's products. Where the Corporation is to receive a continuing stream of revenue over a period of time, the Success Fee shall be paid to Consultant as the revenue is received by the Corporation. "Net revenue" for the purpose of this Agreement means the gross revenue received by the Corporation from the transaction less all direct costs incurred by the Corporation in performing its obligations in the transaction. Payments shall be made to Consultant as payments are received by the Corporation. Initial up-front payments received by the Corporation shall trigger the beginning of payments to Consultant.