Royalties for mobile devices

Target-Ring and any other devices receiving power and/or data using MagTarget IP

Annual fee: $0 (nil)

Product Registration Fee:

1. $0 when using MagTarget supplied Target-Ring insert. This option does requires self-certification document signed and submitted.
2. $2,500 when manufacturing own connector according to MagTarget guidelines (No fee if a substantially similar product has already been approved, although it still need self-certification document signed and submitted)

Royalty rate per product sold:

1. $0 (nil) if the product and packaging display “Powered by MagTarget”
2. $0.10 if “Powered by MagTarget” is not shown

Royalties for docks

Target-Dock and any other devices sending power and/or data using MagTarget IP

Annual fee: $5,000

Product Registration Fee:

1. $0 when using MagTarget supplied Target-Dock Insert. This option does requires self-certification document signed and submitted.
2. $2,500 when manufacturing own connector according to MagTarget guidelines (No fee if a substantially similar product has already been approved, although it still need self-certification document signed and submitted)

Royalty rate per product sold:

1. $0.05 if the product and packaging display “Powered by MagTarget”
2. $0.15 if “Powered by MagTarget” is not shown