are paying a:
0% royalty in year one
0% royalty in year two
0% royalty in year three
have projected the following revenue figures for the term of their license:
In addition to paying you a royalty, at the end of the 3rd year can choose to extend the license for another 3 years, or buy the ILO back for cash should conduct a major financing.
ILO Value is the estimated value of your ILO in USD ($). This is calculated using our projected revenue numbers. Therefore if our revenue projections are realistic and achievable, this is a good estimation of the buy out price you should expect at different stages.
