6. Technical assistance for mastering manufacture of “The Licensed Product”

6.1. The Licensor, when requested by The Licensee, shall send on a mission to the enterprise of The Licensee the required number of specialists for rendering technical assistance to The Licensee to master manufacture of “The Licensed Product” as well as for training the personnel of The Licensee to methods and practices of manufacturing and use of “The Licensed Product”. The Licensee shall inform The Licensor of its request 2 (two) months in advance of the date of intended departure of the specialists.

6.2. The Licensee shall provide the specialists of The Licensor for the duration of their stay at the enterprise of The Licensee with hotel accommodation with telegraph and telephone communication end other types of service agreed upon.

6.3. All the expenses relating to the sending on the missions of the specialists for the purpose of rendering the necessary technical assistance including payment of the cost of railway or airway tickets from Toronto to the place of destination and return beck, as well as of the cost of remuneration to the specialists, depending on qualification, shall he paid by The Licensee.

6.4. In case The Licensee addresses the Licensor with a request to arrange a visit to the enterprises manufacturing “The Licensed Product” for the purpose of getting knowledge of manufacturing processes and of the equipment at the site, The Licensor shall comply with the request.

6.5. Upon the request of The Licensee and on his account The Licensor shall supply to The Licensee the samples of “The Licensed Product” and of the materials as well as “The Special Equipment» needed for manufacturing “The Licensed Product”

7. Payment

7.1. License fee shall be paid in the form of royalties in the amount ­­­­______% selling price "Licensed Products", set forth in Specification 1 which is integral part of this Contract and has same legal force and effects. 

7.2. All payments under this contract shall be construed as payments net in favor of Licensor. 

7.3. Current royalties shall be paid by The Licensee within 10 (ten) days following «The Reporting Period».

7.4. After termination of the contract of its provisions will apply until such time has not yet been finally settled payments, the obligation for which arose during the period of its validity. 

8. Information and Reporting

8.1. The Licensee within 20 (twenty) days following «The Reporting Period» shall submit to The Licensor consolidated accounting data as per the volume of «The Licensed Product» manufactured and sold and of «The Special Production» within the time-limit of "The Reporting Period" as well as information on the selling prices of “The Licensed Product” and «The Special Production».

8.2 The Licensor shall have the right to audit the data relating to the volume of manufacture and sale of «The Licensed Product» as well as «The Special Production» at the enterprises of The Licensee according to consolidated accounting data in conformity with Clause 1.6. of the present Agreement. The Licensee shall undertake to provide possibility for such control.