LICENSE
AGREEMENT This License Agreement
is made as of the 25th day of March
2008 (the “Effective Date”).
Between: Satellite
Forces International Inc., a corporation incorporated
under the laws of Canada and having a place of business at 417
Hilson Ave, Ottawa, Ontario, Canada. (hereinafter referred
to as “Licensor” or “Satellite Forces”) And: 4428188
Canada Inc., dba SAGETEA Group, a corporation incorporated under
the laws of Canada and having a place of business at 417 Hilson Ave,
Ottawa, Ontario, Canada. (hereinafter referred
to as “Licensee” or “SAGETEA”) WHEREAS Licensor
has developed and is the owner of the Atlantis Process Control
System as described in Schedule 1 attached hereto
(hereinafter referred to as “Atlantis” or the “Atlantis
System”) and has developed related Know-How and Show How
pertaining to the Atlantis System, all of which is hereinafter
collectively referred to as the “Licensed Technology” or
the “Atlantis Technology”; AND WHEREAS
Licensor is the owner of numerous trademarks as listed in Schedule
2 attached hereto (hereinafter referred to as the “Atlantis
Trademarks”), which it has used in association with the
Atlantis Technology.
AND WHEREAS Licensee
recognizes the substantial commercial value of the Atlantis
Technology and related trade secrets and confidential information
including said Know How and Show How and the Atlantis Trademarks; AND WHEREAS
Licensee desires to secure from Licensor an exclusive and irrevocable
license for the use of the Atlantis Technology and the Atlantis
Trademarks and to market, distribute, sublicense, lease and sell the
Atlantis Technology, World Wide (hereinafter referred to as the
“Licensed Territory"), during the term of this License
Agreement; AND WHEREAS
Licensor is willing to grant such an exclusive and irrevocable
license to Licensee, and provide consultative and training services
with respect to the implementation and use of the Atlantis
Technology, subject to the terms and conditions set forth in this
License Agreement; NOW THEREFORE,
for and in consideration of the premises and of
the mutual covenants herein contained, and for additional and
further consideration, the receipt of which is hereby acknowledged,
Licensor and Licensee agree as follows: DEFINITIONS
“Atlantis
Technology”: The Atlantis System as described in Schedule 1
attached hereto, including all Know How and Show How relating to
the Atlantis System.
“Atlantis
Trademarks”: The trademark listed in Schedule 2 attached
hereto, owned by Licensor and used in association with the Atlantis
Technology.
“Gross
Sales”: means the total value of all sales, lease and license
fees, including all royalties, consulting fees, commissions and
other payments received by Licensee for Atlantis Technology, but
excluding all taxes.
“Licensed
Territory”: Worldwide. LICENSE
GRANT
Licensor grants
to Licensee, effective on the Effective Date
written above and upon the terms and conditions as set forth in
this License Agreement, an exclusive and irrevocable license to use
the Atlantis Technology and the Atlantis Trademarks in the Licensed
Territory and to market, distribute, sublicense, lease and sell the
Atlantis Technology in the Licensed Territory. For greater
certainty, the exclusive and irrevocable license granted by
Licensor to Licensee herein includes the right to grant
sub-licenses for the Atlantis Technology and the Atlantis
Trademarks to any other party. DEVELOPMENT
Licensee agrees
and undertakes to finance and bear the cost of any and all
developmental work, research, testing, modifications, improvements
or refinements necessary or desirable to facilitate the
implementation on a commercial scale of the Atlantis Technology.
QUALITY
STANDARDS/MAINTENANCE
Licensee agrees
that the nature and quality of all goods sold or services provided
by Licensee under the Atlantis Trademarks, and all related
displays, advertising, promotional and other related uses of the
Atlantis Trademarks by the Licensee shall conform to the
requirements and standards set or established from time to time by
the Licensor. Licensee agrees to cooperate with Licensor in
facilitating Licensor's control of the character and quality of the
licensed wares and/or services, to permit reasonable inspection of
Licensee's method of operation and manner of use of the Atlantis
Trademarks, and to furnish Licensor with specimens or samples of
all uses of the Atlantis Trademarks as required from time to time
for approval by the Licensor, which approval shall be deemed given
if Licensor fails to object to such specimens or samples within ten
(10) days of Licensor's receipt thereof.
Form of Use:
Licensee agrees to use the Atlantis Trademarks only in the form
and manner and with appropriate legends as prescribed from time to
time by the Licensor.
COMPENSATION
On
execution of this License Agreement, Licensee shall pay to Licensor
the sum of One ($1.00) Dollar, the receipt whereof is hereby
acknowledged.
For the
continuing rights and privileges granted under this License
Agreement, Licensee shall pay to Licensor, in a manner hereinafter
provided, to the end of the term of this License Agreement or until
this License Agreement is terminated as otherwise provided, a
Royalty Fee of 7.5% of Gross Sales.
Licensor agrees
to transfer all Royalty Fee payments received from Licensee
directly to Mr. James Curran at the law firm of Tierney Stauffer
LLP, said Royalty Fee payments to be held in trust by Tierney
Stauffer LLP in settlement of Licensee’s outstanding obligations
to its creditors and shareholders (hereinafter referred to as
“Licensor’s Obligations”).
The
Royalties payable pursuant to this
section shall become due and be paid quarterly, commencing three
(3) months after the Effective Date, no later than thirty (30) days
after the last date of each quarter of each year during the term of
this Agreement and any renewals thereof, based upon the Gross Sales
of Atlantis Technology during such quarter.
Concurrently
with each such payment, Licensee shall provide to Licensor a
statement, duly certified by an officer of Licensee, showing the
basis upon which the computation of the royalty payment has been
made.
Interest shall
accrue and be payable in respect of any royalty payments due
hereunder that are in arrears at the rate of two (2%) percent per
month compounded monthly. No set-off may be claimed by Licensee in
respect of any payments due hereunder and all cross-claims shall be
asserted by separate action.
Licensee shall
keep true and accurate records, files and books of accounts
containing all data reasonably required for the full computation
and verification of the royalties to be paid and the information to
be given in the reports provided for herein. Licensee shall keep
these records, files and books of account for a period of at least
three (3) years following the expiration or termination of this
License Agreement.
An auditor
designated by Licensor and acceptable to Licensee shall have access
to the books and records of Licensee at any time during normal
business hours to the extent necessary to audit the same and to
verify the calculation of the royalty payable in accordance with
this section. Licensor shall provide Licensee
with reasonable advanced notice of any audit, which shall take
place at a mutually convenient time. No more than one audit shall
occur in any six (6) month period.
The auditor
selected shall determine with binding effect on the parties the
Gross Sales of the Atlantis Technology.
In
the event that any such audit shall disclose an understatement of
the royalty payable hereunder, Licensee shall pay Licensor within
fifteen (15) days after receipt of notice from Licensor, the amount
of such understatement plus interest at an annual rate equal to the
rate established by the T-D Canada Trust bank from time to time as
its prime interest rate for commercial loans made in Canada (such
rate to be adjusted from time to time by such bank) calculated from
the date when such royalty understatement was due to the actual
date of payment. Licensor shall pay the cost of any inspections or
audits made pursuant to this section, unless an error exceeding
five percent (5%) of the amount reported by Licensee is discovered,
whereupon the aforesaid costs shall be the responsibility of
Licensee. Unless otherwise
agreed to in writing by the parties, all pricing and payments are
to be in Canadian dollars.
SUPPORT and
TRAINING
Licensor agrees
to provide to Licensee, at no additional charge, all documentation
related to the use of the Atlantis Technology.
During
the term of this License Agreement, and at the request and the
expense of Licensee, as set out below, Licensor shall furnish such
advisory and consulting services with respect to the Atlantis
Technology as may reasonably be required by Licensee. If
Licensor is not available at the time its services are reasonably
required by reason of prior engagement, absence or incapacity, the
time for performing such services shall be extended until Licensor
is able to perform the requested services.
IMPROVEMENTS
and KNOW-HOW
Improvements and Know-How
Both
parties to this License Agreement realize and understand that by
the application of the Atlantis
Technology, both Licensor and Licensee will acquire additional
Know-How and Show-How relating to the Atlantis Technology and may
from time to time develop improvements to the Atlantis Technology.
If,
during the term of this License Agreement, Licensor acquires
additional Know-How and Show-How relating to the Atlantis
Technology or develops improvements or refinements to the existing
Atlantis Technology, hereinafter sometimes collectively referred to
as "Licensor's Improvements", said Licensor's
Improvements, and any and all industrial or intellectual property
protection therefor shall be the property of Licensor, within the
Licensed Territory. Licensor shall promptly disclose Licensor's
Improvements to Licensee, and such Licensor's Improvements shall be
included within this License Agreement at no additional charge to
Licensee.
Licensee's
Improvements and Know-how
If
during the term of this License Agreement, Licensee acquires
additional Know-How and Show-How relating to the Atlantis
Technology, or develops improvements or refinements to the existing
Atlantis Technology, hereinafter sometimes collectively referred to
as "Licensee's Improvements", Licensee shall promptly
disclose Licensee's Improvements to Licensor. Any and all of
Licensee's Improvements developed during the term of this License
Agreement, or thereafter, and any and all industrial or
intellectual property protection therefor shall be the sole
property of Licensee. Subject to the terms of this License
Agreement, Licensee shall not be subject for payment of any
royalties to the other Licensor for use of Licensee’s
Improvements.
TERM,
RENEWAL and TERMINATION This License
Agreement is irrevocable and may not be terminated by either party,
except as specified herein.
Termination This License
Agreement may be terminated by mutual agreement of the parties,
expressed in writing. Upon breach or
default under this License Agreement by Licensee, Licensor may
terminate this License Agreement by thirty (30) days written notice
by registered mail to Licensee. Said notice shall become effective
at the end of said thirty (30) day period, unless during said
period Licensee shall cure such breach or default. Termination
pursuant to this paragraph will be without prejudice to any other
remedy which Licensor may have by reason of such breach or default,
provided that the failure of Licensor to give such notice or
notices shall not be construed as a waiver thereof or of any of
Licensor’s rights in respect of any breach or default of the
provisions hereof. This
Agreement shall terminate upon: the
institution of any formal or informal proceeding for the
dissolution, liquidation, or winding up of the affairs of Licensee
by or against Licensee, or where a resolution is passed or any
other act undertaken for the winding up of Licensee; a
receiver, manager or trustee being
appointed in respect of Licensee’s business or any part of it by
a court of competent jurisdiction, or under an agreement; or the
Licensee being adjudged bankrupt or a petition in bankruptcy is
filed against Licensee, or where Licensee makes an assignment for
the general benefit of creditors, or where proceedings of any type
are instituted in any jurisdiction in respect of the alleged
insolvency or bankruptcy of Licensee.
Termination of
this Agreement for any reason shall not relieve Licensee
from the obligation to pay all royalties due at the time of such
termination.
Termination of
this Agreement shall not affect any rights accruing to either party
as of the date of termination. Licensee,
upon termination of this Agreement, agrees to deliver to Licensor
at its own cost and expense, the originals and any and all
copies of any materials pertaining or relating to the Atlantis
Technology and the Atlantis Trademarks and/or to Licensor’s
information, Know How and Show How or otherwise included in
the licensed rights delivered by Licensor to
Licensee and all other documents and
materials whatsoever that have been supplied to Licensee
by Licensor during the subsistence
of and pursuant to the terms of this License Agreement. Upon termination
of this Agreement and in accordance with the provisions hereof, all
rights herein granted to Licensee shall
cease and Licensee shall forthwith
discontinue the use, marketing, distribution, sub-licensing and
sale of the Atlantis Technology and the Atlantis Trademarks.
Licensor and
Licensee agree that the remedy at law for any breach of any
provision hereof will be inadequate and that in the event of any
such breach Licensor and its successors and assigns shall be
entitled to injunctive relief in addition to all other courses of
action and remedies which are available. In this regard, Licensee
acknowledges that its failure to cease its activities pursuant to
the terms of this License Agreement at the termination of this
License Agreement shall result in immediate irreparable harm to
Licensor.
Licensor and
Licensee agree that both parties shall enter into, upon or
following termination of this License Agreement, an agreement
setting forth that all debts and obligations existing at the time
of termination have been satisfied and that there are no further
claims against one another. SUB-LICENSE
and TRANSFER
As
specified in this Agreement, Licensee shall have the right
to grant sub-licenses for the Atlantis Technology and the Atlantis
Trademarks and may transfer its rights under
this agreement to any other party without
the expressed written consent of Licensor.
Licensor may not
assign or transfer any part of or all of its rights in the Atlantis
Technology or the Atlantis Trademarks or its rights and obligations
under this License Agreement to any third party without the
approval of Licensee. Transfer
to Licensee Once Licensor’s
Obligations, as defined above, have been fully satisfied, as
confirmed in writing by Mr. James Curran, Licensor agrees to
immediately and fully transfer to Licensor all rights in and to the
Atlantis Technology and the Atlantis Trademarks at a price to be
agreed upon between Licensee and Licensor, at which time, this
Agreement shall immediately terminate.
DISCLOSURE
Licensee agrees
to maintain in confidence and to treat as confidential all
information embracing all drawings, data, specifications, designs,
operating parameters, Know How and Show How relating to Atlantis
Technology and all data and information relating to sales leads,
market potential and other business-oriented information disclosed
by Licensor to Licensee in connection with the Atlantis Technology,
all such information hereinafter referred to as "confidential
information". The obligations imposed by this sub-paragraph
shall include and extend to information assembled by Licensor from
public sources and which may therefore be duplicative of similar
information in the public domain on the basis that it is desirable
that competitors not know the nature or extent of the publicly
available information assembled by Licensor for purposes of
identifying and analyzing markets and market potential for the
Atlantis Technology. Licensee undertakes to maintain throughout
the term of this Agreement and thereafter, the confidentiality of
all such confidential information and shall take all reasonable and
appropriate steps to prevent the unauthorized disclosure thereof by
its directors, officers, or employees and all others over whom
Licensee has either direct or indirect control including group
members and any sub-licensee. To the extent that Licensee finds it
necessary to disclose the said confidential information, or any
part thereof, to any other person or entity for purposes of
fulfilling the purposes and objects of this License Agreement, any
such disclosures will be upon such terms as to confidentiality as
are necessary and proper under the circumstances, including the
requirement that all recipients of the confidential information or
any part thereof shall be required to execute non-disclosure
agreements relating to themselves and their employees on such terms
as are consistent with the requirements of this sub-paragraph. INFRINGEMENTS
and STIPULATED VALIDITY
Licensee
and Licensor shall be mutually obligated to immediately notify each
other of any infringements by a third party of any of the rights
licensed hereunder, including any patents, designs or trade-marks
that may be subsequently obtained or granted for or relating to the
Atlantis Technology.
Infringement
of Licensor’s Rights
Should
a situation, within the Licensed Territory, come to the attention
of Licensor, wherein any rights owned by Licensor in the Atlantis
Technology or the Atlantis Trademarks are being infringed by a
third party, Licensor agrees to take appropriate and necessary
action against any such infringer, and further Licensor agrees to
consult with Licensee regarding any such action to be taken, prior
to taking such action.
TRADEMARKS
and OTHER INTELLECTUAL PROPERTY
Except as
otherwise stated herein, nothing in this License Agreement gives or
transfers any right to Licensee to use any of Licensor’s
trademarks or other intellectual property, including patents,
designs, copyrights or trade secrets owned by Licensor.
WARRANTIES
and LIABILITY
THE ATLANTIS
TECHNOLOGY AND ATLANTIS TRADEMARKS ARE PROVIDED TO LICENSEE “AS
IS”. LICENSOR PROVIDES NO WARRANTIES, EXPRESS OR IMPLIED,
INDLUDING ANY IMPLIED WARRANTY OF ACCURACY OR RELIABILITY,
NON-INFRINGEMENT, MERCHANTABILITY OR FITNESS FOR A PARTICULAR
PURPOSE OR IMPLIED WARRANTIES ARING FROM A COURSE OF DEALING OR A
COURSE OF PERFORMANCE WITH RESPECT TO THE ATLANTIS TECHNOLOGY, THE
ATLANTIS TRADEMARKS OR SERVICES OFFERED BY LICENSOR UNDER THIS
AGREEMENT, OTHER THAN THOSE SPECIFICALLY STATED IN THIS AGREEMENT.
NOTWITHSTANDING
ANY OTHER TERM OF THIS LICENSE AGREEMENT TO THE CONTRARY, IN NO
EVENT SHALL LICENSOR BE LIABLE TO LICENSEE, OR ANY THIRD PARTY
CLAIMING THROUGH LICENSEE, FOR ANY SPECIAL, INDIRECT, INCIDENTAL,
PUNITIVE, EXEMPLARY OR CONSEQUENTIAL DAMAGES HOWSOEVER CAUSED
(INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OF REVENUE OR
GOODWILL, LOSS OF PROFITS, LOST BUSINESS, BUSINESS INTERRUPTION,
LOSS OF BUSINESS INFORMATION, INCREASED COSTS OF OPERATION OR
LITIGATION COSTS) WHETHER BASED UPON A CLAIM OR ACTION IN CONTRACT,
TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY OR OTHERWISE, IN
CONNECTION WITH THIS AGREEMENT, REGARDLESS OF WHETHER SUCH PARTY
HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES
INDEMNIFICATION
During
the term of this License Agreement, Licensee shall defend,
indemnify and hold Licensor and its officers, employees and agents
harmless from, for and against any and all losses, damages, costs
(including, without limitation, legal fees, disbursements and other
related expenses), claims, demands, judgments and other liabilities
of any kind or nature, of or to any person or entity, whether in
contract, tort, or otherwise, arising out of or in connection with
(i) the negligence of, or negligent performance, non-performance or
breach of any obligation, representation or warranty under this
License Agreement by Licensee, (ii) any non-conformity, defect in
design, material or manufacture, or breach of warranty as to
Atlantis Technology or Atlantis
Trademarks used by Licensee and sold, sub-licensed, or distributed
by Licensee, (iii) the presence of Licensor’s agents or employees
on Licensee’s premises, or (iv) any violation or infringement by
Licensee of any patent, copyright, trademark, trade secret,
non-disclosure agreement, or other proprietary rights of Licensor
or any third party, except to the extent that any such loss,
damage, cost, claim, demand, judgment or liability is due to the
gross negligence or wrongful acts of Licensor, its officers,
employees or agents.
RIGHTS TO
ATLANTIS TECHNOLOGY Licensee
acknowledges and agrees that Licensor owns all rights in and to the
Atlantis Technology and the Atlantis
Trademarks and that it will not directly or indirectly contest the
ownership by Licensor of its rights to the Atlantis
Technology or the Atlantis Trademarks, or the
validity or ownership of any confidential information, Know-How,
Show-How or intellectual property protection, including patents,
designs or trademarks of Licensor related thereto, for the term of
this License Agreement or thereafter, or directly or indirectly
counsel, procure or assist others to do any of the foregoing.
DILIGENCE Licensee
agrees to proceed with diligence in the promotion, use,
sub-license and sale the Atlantis Technology under this License
Agreement, and in all reasonable and proper ways and to the best of
its ability, to exert its best efforts to promote and create demand
therefor, and to increase and extend its business and supply the
demand for the Atlantis Technology. Licensee will, where
appropriate, undertake the preparation of suitable advertising
material and the advertising of the Atlantis Technology through
appropriate media. GENERAL
Any demand,
notice or other communication to be made or given in connection
with this License Agreement shall be made or given in writing and
may be made or given by personal delivery, by courier or by
transmittal by fax addressed to the recipient as follows: To
Satellite Forces International Inc.,. 417
Hilson Ave, Ottawa, Ontario, Canada Attention:
David Long Fax:
6136274704 To
4428188 Canada Inc., dba SAGETEA Group
417 Hilson Ave, Ottawa, Ontario, Canada Attention:
David Long Fax:
<insert fax number> Or
to such other address, fax number or individual as may be designated
by notice by any party to the other. Any demand, notice or other
communication made or given by personal delivery or courier shall be
conclusively deemed to have been given on the Business Day such
demand, notice or other communication is received by the recipient
and, if made or given by fax on a Business Day, on the day of
transmittal thereof to the recipient, if such transmittal is made
during the regular business hours of the recipient on such Business
day, or if made or given otherwise, on the first Business Day after
the day of transmittal (provided the original copy is immediately
forwarded by courier). Consultation
by Parties If any cause
beyond the control of a party hereto impairs or is likely to impair
the performance of this License Agreement or the continuation of
the relationship contemplated under this License Agreement, then
the parties shall consult with each other in an effort to take
whatever reasonable steps are necessary to protect their interest,
except as otherwise required under this License Agreement.
This License
Agreement sets forth the entire agreement of the parties with
respect to the subject matter contained herein, and no oral or
written statements or representations not contained in this License
Agreement shall have any force or effect.
If any term of
this License Agreement is, for any reason, found to be invalid,
illegal or unenforceable, in whole or in part, by a body of
competent jurisdiction, that term shall be deemed severed from this
License Agreement without effect on any other term of the License
Agreement.
Section headings
and captions in this License Agreement are for the convenience of
the parties only and shall not in any way affect the construction
or interpretation of this License Agreement.
This License
Agreement shall be governed by and construed in accordance with the
laws of the Province of Ontario, Canada and the laws of Canada
applicable therein, and the Parties agree to attorn
to the jurisdiction of the Courts of the Province of Ontario and
Canada as the case may be.
Licensor and
Licensee acknowledge that they were given the opportunity to have
this License Agreement and all matters related thereto reviewed by
their own respective independent legal counsel. This License
Agreement is totally voluntary on the part of each party and each
party desires that the terms of this License Agreement be given
full force and effect in the future.
The parties are
independent contractors of each other. Neither the making of this
License Agreement nor the performance of its provisions shall be
construed to constitute any of the parties hereto an agent,
employee, partner, joint venturer, or legal representative of the
other, or any similar relationship, the existence of which is
expressly denied by the parties hereto.
The failure of a
party to insist upon strict adherence to any term of this License
Agreement on any occasion shall not be considered a waiver or
deprive that party of the right hereafter to insist upon strict
adherence to that term or any other term of this License Agreement.
No term or
provision of this License Agreement shall be amended, supplemented,
modified, or waived except by a written agreement signed by the
party against whom the amendment, supplement, modification, or
waiver is sought to be enforced.
This
License Agreement may be executed by the parties hereto in separate
counterparts, each of which when so executed and delivered shall be
an original, but all such counterparts shall together constitute
one and the same instrument. For purposes hereof, a facsimile copy
of this License Agreement, including the signature pages, will be
deemed to be an original.
In this License
Agreement, time shall be of the essence.
This License
Agreement and any provisions hereof which survive the termination
of this License Agreement shall be binding upon and shall enure to
the benefit of the Parties hereto and their respective successors
and permitted assigns.
The terms and
conditions of sections 1, 2b 4f to 4k, 7, 8h to 8m, 9, 10, 12, 13,
14, 15 and 17 hereof shall continue in full force and effect and
shall survive any termination of this License Agreement.
Force
Majeure
Neither party is
responsible for a failure to fulfill its obligations under this
Agreement or for delay in doing so if such failure or delay is due
to circumstances beyond its control, such as, but not limited to,
acts of God, acts of government, war, riots, strikes, accidents in
transportation. The parties agree to immediately provide notice of
any such circumstances and undertake to restore the status quo as
soon as possible.
The parties have
required that this Agreement as well as any notices, documents, or
proceedings relating hereto be written in English. Les parties aux
présentes ont exigé que le present contrat ainsi que
tout autre avis, document ou procedure s’y rapportant soit rédigé
en anglais.
The Effective
Date of this Agreement shall be the later of the dates on which
Licensee and Licensor execute this Agreement. The Parties Hereto,
by their duly authorized representatives, have executed this License
Agreement on the dates specified below: 4428188 Canada Inc.,
dba SAGETEA Group Signature: Name: Title: Date: Satellite Forces
International Inc. Signature: Name: Title: Date:
Shareholder and Royalty Information
On March 25, 2008, Satellite Forces licensed its award winning Atlantis Technology to SageTea Group.
Satellite Forces receives a 7.5% royalty payment on a quarterly basis for sales of Atlantis Technology.
Royalties will be held in trust by Tierney Stauffer, LLP for payment to Satellite Forces creditors and shareholders.
History of Satellite Forces, Atlantis and 9/11
Click here for technical support and service.
Computer World Honors Program 2007 Laureate.
Atlantis Developers Kit Open Source Project
Satellite Forces has ceased operations.
For support and service, please contact SAGETEA Group.
Review royalty and financial reporting here. (Expenses/Royalty Payments)
Secure access for individual royalty payment and dividend information can be requested by email to: SFI.
The licensing agreement is shown here for reference purposes, copies may be obtained by email request.
Thank you for all your efforts.
License Fee
Royalty Fee
Quarterly Payments
Certification
Interest
Books and Records
Inspection and Audit
Currency
Training
Advice and Consultation
Licensor’s Improvements and Know-How
Term
Events on Termination
By Licensee
By Licensor
Non-Disclosure
Notification of Infringement
Disclaimer of Warranties
Limitation of Liability
Notices
Entire Agreement
Severability
Headings
Governing Law
Representation of Counsel
No Agency
Waiver
Amendment
Counterparts
Time of the Essence
Successors and Assigns
Survival on Termination
Agreement in English
Effective Date