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Posted On: 03/17/2019 1:33:05 AM
Post# of 22463
Section 6.6 Publicity . Except as provided by Section 6.4 , other than a mutually agreed press releases (should the Parties so agree), and other than repeating information in mutually agreed press releases, neither Party will generate or allow any publicity regarding this Agreement or the transaction contemplated hereunder.
This may be the reason for no further info in regards to Steve NOT releasing a Press Release involving more details or monies received. This contract looks binding in that regard.
And this:
Section 4.6 Payment Issues .
(a) Manner of Payment . All payments due under this Agreement to the Licensor shall be made by bank wire transfer in immediately available funds to an account designated by the Licensor. All amounts due and payable hereunder shall be paid in U.S. dollars without offset, set-off, deduction or counterclaim, however arising. If any currency conversion shall be required in connection with the calculation of amounts payable hereunder, such conversion shall be made using the average of the exchange rates for the purchase and sale of U.S. dollars, as reported by Bank of America in New York, New York (or its successor entity) on the last business day of the Royalty Period to which such payment pertains. With any payment in relation to which a currency conversion is performed to calculate the amount of payment due, the Licensee shall provide to the Licensor a true, accurate and complete copy of the exchange rates used in the calculation.
(b) Non-refundable, Non-creditable Payments . Each payment that is required under this Agreement is non-refundable and non-creditable.
https://content.edgar-online.com/ExternalLink...EX10-1_HTM
This may be the reason for no further info in regards to Steve NOT releasing a Press Release involving more details or monies received. This contract looks binding in that regard.
And this:
Section 4.6 Payment Issues .
(a) Manner of Payment . All payments due under this Agreement to the Licensor shall be made by bank wire transfer in immediately available funds to an account designated by the Licensor. All amounts due and payable hereunder shall be paid in U.S. dollars without offset, set-off, deduction or counterclaim, however arising. If any currency conversion shall be required in connection with the calculation of amounts payable hereunder, such conversion shall be made using the average of the exchange rates for the purchase and sale of U.S. dollars, as reported by Bank of America in New York, New York (or its successor entity) on the last business day of the Royalty Period to which such payment pertains. With any payment in relation to which a currency conversion is performed to calculate the amount of payment due, the Licensee shall provide to the Licensor a true, accurate and complete copy of the exchange rates used in the calculation.
(b) Non-refundable, Non-creditable Payments . Each payment that is required under this Agreement is non-refundable and non-creditable.
https://content.edgar-online.com/ExternalLink...EX10-1_HTM
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