Fees and Royalties

Effective February 1, 2004

 
Model
Demo Unit Description
* 60 Day Evaluation Fee
**License Issue Fee

Minimum Annual
Royalties

BBL Bubble Radar Motion Sensor
$2,500
$25,000
$17,000
PD-26 26 GHZ Radar Motion Sensor
$3,000
$35,000
$25,000
µTDR Micro-TDR Level Sensor
$1,500
$15,000
$10,000
GWR Guided Wave Radar Level Sensor
$3,000
$35,000
$25,000
PER-6 Single Board 6GHZ Radar Rangefinder
$3,000
$35,000
$25,000
PER-26 Single Board 26GHZ Radar Rangefinder
$3,000
$35,000
$25,000
R-1
$2,500
$25,000
$17.000
  • *The Evaluation Fee for a Demo Unit may be deducted from the License Issue Fee, making the cost of the Demo Unit evaluation effectively zero for those who take a license.  The Evaluation Fee is a fixed fraction of the License Issue Fee and is not related to the physical cost of the Demo Unit.
  • **The License Issue Fee is based on a fee of $10K per patent involved and a $5K license docketing fee.  The License Issue Fee for a patent portfolio covering two or more Demo Unit technologies will cost less than the individual Demo Unit Issue Fee if common patents are involved.  For example, a license for the GWR may be upgraded to include the PER-6 for an additional $10K License Issue Fee (rather than $25K) since two common patents are involved.
  • Earned royalties are 5% of the factory sale price of licensed product for the first $5M in cumulative sales, declining to 3% above $15M in sales. 
  • Minimum annual royalties are due each January 1 and are deductible from earned royalties for that year.  The first January 1 payment is prorated from the time of license execution in the previous year.
  • All Fees and Royalties are subject to the terms and conditions of the Material Transfer Agreement or License Agreement.

Click here to download the PDF version.

Notice: MET does not make end products or production units. MET's sole purpose is to license its technology and to that end we have pre-licensing demo kits available for a 60-day evaluation to companies with a U. S. presence or market.
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