Requirement Period Minimum Monthly Technology Purchase Requirement (per month) Total Annual Minimum Technology Purchase Requirement (per year) Production Months 1 through 12 $3,185,406 $38,224,872 Production Months 13 through 24 $3,996,426 $47,957,112 Production Months 25 through 36 $5,013,918 $60,167,016 Production Months 37 through 48 $6,290,466 $75,485,592 Production Months 49 through 60 $7,892,010 $94,704,120 Production Months 61 through 72 $9,901,332 $118,815,984 Production Months 73 through 360 $12,422,214 $149,066,568
Note 1: This license requires minimum monthly purchases. The annual amounts provided above are for informational purposes only and are not in addition to the monthly minimums.
Note 2: The values stated for minimum monthly and annual purchases are based on current key technology component prices. Under the terms of the licenses, these prices are subject to change based on Genesis Scientific manufacturing cost changes. Under the terms of the license, Genesis Scientific is limited in the amount it can charge licensees for key technology components.
Requirement Period Minimum Monthly Technology Purchase Requirement (per month) Total Annual Minimum Technology Purchase Requirement (per year) Production Months 1 through 12 $3,185,406 $38,224,872 Production Months 13 through 24 $3,996,426 $47,957,112 Production Months 25 through 36 $5,013,918 $60,167,016 Production Months 37 through 48 $6,290,466 $75,485,592 Production Months 49 through 60 $7,892,010 $94,704,120 Production Months 61 through 72 $9,901,332 $118,815,984 Production Months 73 through 360 $12,422,214 $149,066,568
Note 1: This license requires minimum monthly purchases. The annual amounts provided above are for informational purposes only and are not in addition to the monthly minimums.
Note 2: The values stated for minimum monthly and annual purchases are based on current key technology component prices. Under the terms of the licenses, these prices are subject to change based on Genesis Scientific manufacturing cost changes. Under the terms of the license, Genesis Scientific is limited in the amount it can charge licensees for key technology components.
