http://www.colorforth.com/MoorevsTPL.pdf Page 8, starting on line 9.
It appears TPL takes 15% off the top for litigating. Moore is supposed to recieve 55% of half the remaining 85%.
23% of total ?
Raising another question. TPL is taking the first 15% of total licensing revenue for litigation costs, and supposedly we each pay 50% of the legal fees.
What is TPL paying for out of their share of the proceeds ?
If Chuck were getting paid....we'd be in the red.