OpenRoots

ORA-2.2

A scale-up above the threshold being audited, under ORA 2.2

Past the threshold on trailing revenue, now a Canopy Licensee. The Licensor or Clearinghouse requests supporting documentation. This resolves to the Canopy tier.

Tier

Canopy

Owed

A quarterly Canopy Report. Section 5.1 imposes a royalty only when the Canopy Licensee makes Production Use.

Sections in play

1.8, 3.1, 5.1, 5.2, 5.3

Who and what

The situation being resolved.

Actor

A scale-up above the threshold

Past the threshold on trailing revenue, now a Canopy Licensee.

20M to 100M USD

Situation

Being audited

The Licensor or Clearinghouse requests supporting documentation.

Rulings

3 questions resolved against the text.

clear

Which tier applies?

Canopy. Past the threshold on trailing revenue, now a Canopy Licensee. Section 5.2 reporting applies; the Section 5.1 royalty attaches when the Licensee makes Production Use and only to attributable revenue.

Sections 1.8, 3.1, 5.1

clear

Is anything owed?

A quarterly Canopy Report. Section 5.1 imposes a royalty only when the Canopy Licensee makes Production Use.

Sections 5.1, 5.2

clear

What can an audit actually require?

Documentation once in any twelve month period, absent a documented reason to suspect misstatement. Where such a reason exists, an independent auditor may review under mutual NDA at the requesting party's expense, unless an underpayment above five percent is established, in which case you bear the reasonable cost.

Sections 5.3

Cautions

What this situation gets wrong most often.

  • Attribution lives in the package manifest under ORA 8.1, not only in documentation, because an agent package is installed by a machine that never reads a directory listing.

Same actor

Other situations for this party.