"2. SSDI agreed that it would engage in reasonable efforts to sell product based on Holocom’s Secure Communications Raceway technology and that it would pay the junior secured lender 3% of its net sales of such products for 4 years; and "
The junior gets 3% of net sales in repayment of their $24 million debt. This is an expense of the SSDI. PTSC owns 45% of SSDI and therefore is entitled to 45% of the profits of the company.