Statement of Sales. In accordance with the MASTER AGREEMENT TO DEVELOP, PUBLISH AND SELL PRODUCT, each party shall provide to the other party a Statement of Sales. Each party shall pay to the other party all money due to that party in US dollars within 30 days following June 30th and December 31st of each calendar year being the sales revenue from finished product sales and from copyright and/or film rights sales for the Product in that preceding period of six (6) months.
Appears in 2 contracts
Sources: Product Agreement (Lingo Media Inc), Product Agreement (Lingo Media Inc)