Common use of Guaranteed Minimum Royalties Clause in Contracts

Guaranteed Minimum Royalties. Licensee agrees to pay to Licensor ---------------------------- Guaranteed Minimum Royalties ("GMR") in the following amounts for each Year of the Term: Year GMR ---- --- 1 (15 months) *** 2 *** 3 *** 4 *** 5 (option period) *** 6 (option period) *** 7 (option period) *** 8 (option period) *** 9 (option period) *** 10 (option period) *** *** Confidential portion omitted and filed separately with the Securities and Exchange Commission.

Guaranteed Minimum Royalties. Licensee agrees to pay to Licensor ---------------------------- Guaranteed Minimum Royalties ("GMR") in the following amounts for each Year of the Term: Year GMR ---- --- 1 (15 months) *** 2 *** 3 *** 4 (Option) *** 5 (option periodOption) *** 6 (option periodOption) *** 7 (option periodOption) *** 8 (option periodOption) *** 9 (option period) *** 10 (option periodOption) *** *** Confidential portion omitted and filed separately with the Securities and Exchange Commission.