ng exercises are available on the Drafting Contracts Website. the flowing provision to indicate how you would tabulate it. Do not scounting firm acceptable to both parties. If the parties cannot agree on an independent accountir form, the parties shall select a "big-four accounting firm by lot. Each party may eliminate one firm b 281 EXERCISES 81 Audit by Licensor. With respect to each Royalty Period, the Licensor may cause an inde- rent accounting firm to audit or review all the Licensee's books and records and to issue a report paning to the Royalties earned in that Royalty Period. The Licensor shall give the Licensee reason- De prior written notice of the audit or review. The Licensee shall make its books and records avail- de to the Licensor during normal business hours. If the Licensor wants to object to the Licensee's determination of Royalties for a Royalty Period, it must deliver to the Licensee a statement describing Is cbjections not later than 60 days after the Licensor receives the applicable report obtained. Each party shall use reasonable efforts to resolve the Licensor's objections. If the parties do not resolve a sojections on or before the 30th day after the Licensee received the statement of the Licen- ser's objections, the parties shall promptly submit those objections for resolution to an independent of the independent accounting firm selected in accor- ng exercises are available on the Drafting Contracts Website. the flowing provision to indicate how you would tabulate it. Do not scounting firm acceptable to both parties. If the parties cannot agree on an independent accountir form, the parties shall select a "big-four accounting firm by lot. Each party may eliminate one firm b 281 EXERCISES 81 Audit by Licensor. With respect to each Royalty Period, the Licensor may cause an inde- rent accounting firm to audit or review all the Licensee's books and records and to issue a report paning to the Royalties earned in that Royalty Period. The Licensor shall give the Licensee reason- De prior written notice of the audit or review. The Licensee shall make its books and records avail- de to the Licensor during normal business hours. If the Licensor wants to object to the Licensee's determination of Royalties for a Royalty Period, it must deliver to the Licensee a statement describing Is cbjections not later than 60 days after the Licensor receives the applicable report obtained. Each party shall use reasonable efforts to resolve the Licensor's objections. If the parties do not resolve a sojections on or before the 30th day after the Licensee received the statement of the Licen- ser's objections, the parties shall promptly submit those objections for resolution to an independent of the independent accounting firm selected in accor
