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Exhibit 10.2
Intellectual Property License Agreement
This Agreement is made by and between Christine Marie ("Licensee") and En2Go, Inc., a Nevada corporation ("Licensor") to be effective as of June 4, 2007.
RECITALS
A.
Licensor holds certain intellectual property and related services contributed by Licensee and certain other individuals pursuant to the terms of that certain Contribution Agreement, dated effective March 16, 2007. Such assets are referred to herein as the "Intellectual Property."
B.
The Contribution Agreement provided that Licensee would receive shares of stock in Licensor in exchange for contribution her respective portion of the Intellectual Property.
C.
Licensor and Licensee have determined that since the Intellectual Property was originally created specifically for Licensee with her help and input, it is in their respective best interests for Licensor to provide Licensee with an irrevocable perpetual license to utilize the Intellectual Property in non competing initiatives in lieu of having Licensor issue shares of its stock to Licensee.
D.
Licensor desires to license the Intellectual Property to Licensee and Licensee desires to license the Intellectual Property from Licensor subject to the terms and conditions of this Agreement.
AGREEMENT
1.
LICENSE
Licensor hereby grants to Licensee and Licensee hereby accepts from Licensor a license to use the Intellectual Property in accordance with the terms and conditions of this Agreement (the “License”).
A.
Licensee may only use the Intellectual Property as intended.
B.
Licensee shall not sell, lease, assign, transfer, sublicense, disseminate, modify, translate, duplicate, reproduce or copy the Intellectual Property (or permit any of the foregoing) or disclose the Intellectual Property or any information pertaining thereto any other party without the prior written consent of Licensor. Licensee shall abide by all restrictions with respect to the Intellectual Property that Licensor may from time to time institute.
C.
Licensee may only utilize the Intellectual Property in non-competing initiatives; namely, Licensee may not utilize the Intellectual Property in market sectors outside of the family and education sectors, unless written consent is provided by the Licensor which describes the terms for mutual benefit.
2.
OWNERSHIP
A.
Licensor retains title and ownership of the Intellectual Property, and all subsequent copies, updates and revisions of the Intellectual Property regardless of the form or media in or on which the original and other copies may exist.
B.
In consideration for the receipt of this License, Licensee shall relinquish her ownership interests in Licensor.
3.
TERM AND TERMINATION
A.
Term
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