Common use of Remuneration and Payment Clause in Contracts

Remuneration and Payment. The remuneration for establishing the Services provided under this Agreement are the following: 3.1 Set up fees (one-time fees) Set up fees www.*.com * EUR Set Up Fee Total: * EUR 3.2 Revenue Share (monthly fees) 3.2.1 Based on accumulated currency GBP Gross Win ("GW") per calendar month, the Revenue Share between the Company and Unibet shall be as follows: GBP * *% *% All figures above are based on total monthly GW generated by players who have either been migrated upon initial launch from the Company's existing gaming system or have registered subsequently via the Service from any domain/brands/skins that the Company then has in service. For greater certainty, any payments due to affiliates who drive traffic to the Company's website are the sole responsibility of the Company and will have no impact on the calculation of GW set out below. GW is defined as: Total Bets minus Winnings minus Bonus Cost minus Charge backs/voids minus interrupted bets minus Licence fees Bets: the amount the customers wagered during one (1) month into the system under the Service.

Appears in 2 contracts

Sources: Marketing Service Agreement (BINGO.COM Ltd.), Marketing Service Agreement (BINGO.COM Ltd.)