"While the royalty rates and payment terms for the new product...

"While the royalty rates and payment terms for the new product will remain confidential, OBJ has negotiated favourable terms including payment in advance rather than in arrears, with an adjustment mechanism for over or under prepayment. In addition, royalties will now be recorded upon shipment of the product by the manufacturer."


we don't know what the royalty rates will be.


we do know we will be getting a higher payment b/c of repeat sales and we will be getting paid sooner. the rest is confidential.