Common use of Execution Payment Clause in Contracts

Execution Payment. In consideration of the rights granted and other covenants and agreements made by Merchandiser in this Agreement and in the UBL Agreement, ADNM agrees to pay to Merchandiser, upon the complete execution of both this Agreement and the UBL Agreement, a one-time, non-returnable, non-recoupable fee of [***].

Appears in 3 contracts

Sources: Merchandiser Agreement (Artistdirect Inc), Merchandiser Agreement (Artistdirect Inc), Merchandiser Agreement (Artistdirect Inc)