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To: Road Walker who wrote (13098)7/19/2000 7:14:27 PM
From: orkrious  Read Replies (1) | Respond to of 60323
 
the way I read it was that the royalties were capped at a certain annual amount

John, I think this is incorrect. He was quite clear later on when someone asked him about this. The royalty agreements have two components, fixed and variable. Everyone pays a fixed amount up front (over some period of time), plus a variable percent of sales forever.

Jay


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