Vectis Antenna Licensing Program: Royalty Rates
Vectis offers a worldwide, non-exclusive, royalty-bearing license to the Antenna patents with terms that are believed to be fair to the market.
The royalty rate per finished consumer product incorporating an antenna using Fractus’ proprietary patented technology (“Antenna Product”) for the Antenna Patents licensed by Vectis is as follows:
–US$ 0.60 per Antenna Product disposed of in the United States; and
-US$ 0.25 per Antenna Product disposed of in countries other than the United States.
-US$ 0.20 per Antenna Product disposed of in the United States; and
-US$ 0.08 per Antenna Product disposed of in countries other than the United States.
The alternative rate applies to companies that enter into a license agreement without an admission or findings of liability in respect to the Antenna Products.
Upon request, we are glad to provide a complete set of terms and conditions of the Antenna license as well as a copy of our standard Antenna License Agreement.