|
COST
|
ROYALTY
|
A license is available
for up to 20
years.
The license, subject
to a royalty, is
limited to:
1) The Product
(Construction),
2) Use of product
(collection of fares
and other income from
using the Product in a
service), and
3) Sales of the
Product (sale cost
rate and use for a
defined
period).
|
|
$ 2 mil.
|
15%
|
|
4
|
10
|
|
7
|
7
|
|
10
|
5
|
|
14
|
4
|
|
20
|
3
|
Payment of
half
the listed cost will allow for
exclusive granting of enforcement
rights.
Payment of
one quarter
of the listed cost will allow for
an ordinary granting of
enforcement rights.
Payment of
twice
the listed cost will allow for
access to rights of patent pending
in 4 countries.
A 20% commission of
gross income will be offered to
the party who facilitates
successful commercialization of
the intellectual property
contained in the above
patents.
The information provided above is
intended for consideration by
serious users of this technology
who recognize the opportunities
that the Guideway System can
offer.
We can be contacted at
btcom@korea.com
Contact
Person : Mrs. Lana M. Hardy
