CONVERTING TO OTHER ROYALTY BASED LICENSES. Customer shall have the option at the beginning of each calendar quarter starting with the quarter that is at least one (1) year after the first commercial shipment of Application which contains SBL to convert to any other royalty based license that Softbridge's currently has available. At time of conversion, Customer will pay royalty and maintenance fees according with the elected royalty plan. Notwithstanding the above, the other royalty based licensing alternative at the date of this Agreement is acknowledged as described in Exhibit D. Customer is granted an option to convert to that license schedule on the one year anniversary of the first commercial shipment of Application which contains SBL. * Confidential portions omitted and filed separately with the Securities and Exchange Commission.
Appears in 1 contract
Sources: Software License Agreement (Kofax Image Products Inc)
CONVERTING TO OTHER ROYALTY BASED LICENSES. Customer shall have the option at the beginning of each calendar quarter starting with the quarter that is at least one (1) year after the first commercial shipment of Application which contains SBL to convert to any other royalty based license that Softbridge's currently has available. At time of conversion, Customer will pay royalty and maintenance fees according with the elected royalty plan. Notwithstanding the above, the other royalty based licensing alternative at the date of this Agreement is acknowledged as described in Exhibit D. Customer is granted an option to convert to that license schedule on the one year anniversary of the first commercial shipment of Application which contains SBL. * Confidential Such portions omitted and are filed separately with the Securities and Exchange Commissionunder an application for confidential treatment.
Appears in 1 contract
Sources: Software License Agreement (Kofax Image Products Inc)