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Zerify Inc ZRFY
(Total Views: 537)
Posted On: 12/30/2019 9:31:25 AM
Post# of 82686
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Posted By: Splithappens
Re: RDY2ROCK #62929
"... the “net amount CSI receives” (the “Net Amount Received”) defined as the gross amount received by CSI from the sale or licensing..."

Thanks for posting this R2R.

I read this agreement a few times and missed this key line defining net amount.

I was under the impression that "net amount" was after the appropriate deductions made to the gross amount received. But it is acually the "gross amount received". This is a huge difference in SFOR's favor than I had originally understood.

The following license amount is just for arguements sake, I have no idea what CSI is getting per license.

So, if CSI receives $10 per license... SFOR receives $1.50(keystroke only) or $2.00 (keystroke & PID bundled)

THX

IMO

GLTA













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