I/P Engine, Inc. v. AOL, Inc. et al
MOTION for an Award of Post-Judgment Royalties by I/P Engine, Inc.. (Attachments: # 1 Proposed Order)(Sherwood, Jeffrey)
UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF VIRGINIA
AOL, INC. et al.,
I/P ENGINE, INC.,
Civ. Action No. 2:11-cv-512
[PROPOSED] ORDER GRANTING PLAINTIFF I/P ENGINE, INC.’S
MOTION FOR AN AWARD OF POST-JUDGMENT ROYALTIES
This Court, having considered Plaintiff I/P Engine, Inc.’s Motion for An Award of PostJudgment Royalties, hereby ORDERS that the motion is GRANTED as follows:
Defendants’ are hereby required to pay I/P Engine ongoing royalties computed on a base
of 20.9% of Defendants’ U.S. AdWords revenues, at a running royalty rate of 7% of that base.
Defendants shall pay ongoing royalties quarterly to I/P Engine in certified funds or by
wire transfer, accompanied by a statement certifying under penalty of perjury the U.S. revenue
attributable to Defendants’ use of AdWords in dollars and the calculation of the royalty amount.
Defendants shall make such payment and provide the required statement to I/P Engine no
later than 14 days after the end of each calendar quarter. If the payment is not timely made,
Defendants shall pay a penalty consisting of 5% of the quarterly royalty owed, plus interest at the
average prime interest rate, as reported by the Federal Reserve (consistent with I/P Engine’s prejudgment interest request). I/P Engine shall have the right to request audits of such revenue
figures, by Defendants providing its records to I/P Engine’s designated auditor.
Dated: December __, 2012
United States District Court
Eastern District of Virginia
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