Tuesday, July 23, 2013 10:18:29 AM
Under this agreement, following the execution of a licensing deal to a potential partner and/or distribution company in the Territory (DDC Client) during the Term (as defined below) of this agreement, as a result of the Services provided by DDC, DDC will be entitled to receive:
•7% of any capital payment received by MPL immediately upon the sale or licensing of Products or Technology to a DDC Client within the Territory; and
•2% of any periodic payments received by MPL under a product licensing or distribution agreement with a DDC Client within the Territory, net of all costs incurred by MPL in connection with performing its obligations under the respective agreement.
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