What i'm unclear regarding the 5% for first $100 and $10% for revenue above is over what revenue it applies to.
"Royalties for all new revenues generated by the system".
Does this apply to only new customers brought on following the SFI capture or does it apply to all clients? The economics of the threshold royalties are very different if the existing clients or revenues are quarantined....
Reading catchacolds original post it sounds like the upside is on the potential 750k sqm mapped (to get to 1.5m sqm). Can we assume that means if 1.5m sqm is mapped the revenue based royalty will apply to 50% of total revenue?
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How Are Royalty Revenues Calculated, page-13
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