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riskanalyst

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riskanalyst

Re: Rawnoc post# 4742

Tuesday, 08/18/2009 8:29:07 AM

Tuesday, August 18, 2009 8:29:07 AM

Post# of 14386
Nice contract. These are the numbers from the contract.

EGC will be entitled to royalty fees that will range from approximately 20 to 25 percent of the gross selling price of the EGC Electronic GameCard(TM), the EGC Electronic iQuizCard(TM), and EGC Edutainment PLAY Card. EGC will also receive a minimum guarantee in royalty fees of $200,000 annually. All royalty payments will be made to EGC on a quarterly basis within 30 days after the quarter concludes.
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