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Royalty Fees to Apply for Spring Assist Boosters

RB08 & RB09 Spring Booster Royalty

Medium Chain Control Roller Blinds | RB08 & RB09

10 Dec 2015

As you may be aware, recently Damorgold Pty. Ltd. have successfully enforced their patent pertaining to the protection of a spring assisted booster applied to a chain control mechanism.

Rollease Acmeda, as a long term collaborator of Damorgold, have secured a license agreement with Damorgold Pty. Ltd. to continue supplying spring assist products for medium chain controlled roller blind systems - RB08 and RB09.

This license agreement necessitates a AUD$2.50 royalty to be paid per spring, effective as of 1 January 2016.

This royalty will be shown as a separate, net lined charge on each invoice, subsequent to each purchase of a retro-fit spring assist product.

The products to which this royalty will be applied are listed below.

PART NUMBER

PRODUCT DESCRIPTION

SURCHARGE AMOUNT

RB04-3512-061000

Easy-Lift Retrofit Spring Assist S35

$2.50 (exc. GST)

RB04-4091-xxxxxx

Standard Easy-Lift Retrofit Booster S40

$2.50 (exc. GST)

RB04-4092-xxxxxx

Heavy Duty Easy-Lift Retrofit Booster S40

$2.50 (exc. GST)

RB04-4391-xxxxxx

Standard Easy-Lift Retrofit Booster S45

$2.50 (exc. GST)

RB04-4392-xxxxxx

Heavy Duty Easy-Lift Retrofit Booster S45

$2.50 (exc. GST)

Please do not hesitate to contact your Account Manager or our customer service staff if you have any questions regarding the spring assist booster licensing agreement.

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