Common use of Past Use Clause in Contracts

Past Use. Registrant confirms that it has submitted to Philips a Royalty Reporting Form, certified by a corporate officer of Registrant, setting forth the information specified in Clause 2.04 in respect of those Scope Products made, Sold, used, or intended for use in a Patent Country during the Past Use Period, and specifying the royalties due (“Past Use Amount”) for the Past Use Period. Registrant shall pay to Philips the Past Use Amount as reported in a Royalty Reporting Form as set forth in Annex E. The Royalty Reporting Form in respect of the Past Use Period shall be subject to Philips’ right of audit set out in Clause 2.10.