Operation Supporting Service Fee. After Party B pays the IP License Fee and the teaching plan system service fee, the intangible asset continuing research & development supporting service fee, the business management system software use license fee and the market promotion fund in accordance with this Agreement, if its operating profit margin (the “Remaining Profit Margin”) is still higher than 4.2%, Party B shall pay Party A the operation supporting service fee which is equal to the difference between the Remaining Profit Margin and 4.2%.
Appears in 2 contracts
Sources: Comprehensive Service Agreement (RISE Education Cayman LTD), Comprehensive Service Agreement (RISE Education Cayman LTD)