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triton

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triton

Re: bleuduece post# 3962

Friday, 03/12/2004 10:50:35 AM

Friday, March 12, 2004 10:50:35 AM

Post# of 341669
Thank you bleuduece.
This is all STEH will be getting...

ROYALTY. Licensee shall pay a royalty to SunnComm equal to sixty percent (60%) of any and all gross licensing revenue earned by Licensee with respect to the SunnComm Products until Licensee exceeds Three Million Six Hundred Thousand Dollars ($3,600,000) in annual gross licensing revenue. Thereafter, Licensee shall pay SunnComm a royalty equal to fifty percent (50%) of any and all gross licensing revenue earned by Licensee with respect to the SunnComm Products.

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