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splithappens

03/31/17 9:27 AM

#148021 RE: NCAR #147995

Even if CSI/ACS pay the $9,000,000 early the comission structure does not change till sept 2020. And the commission structure is above the industry average of about 9% licensing fee!

1.1.5.1.) Until September 30, 2020, even if the Asset Purchase Promissory Note (see paragraph 3.1.3, below) is executed and paid in full prior to that time, CSI shall be obligated to pay to STI the Percentage Payment (as defined in paragraph 3.1.3.4, below); however, if the Malware Suite includes ProtectID, then the 15% amount referenced in paragraph 3.1.3.4, below, shall be modified to be 20%.

Always jmo.