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SUPPLMENT TO LICENSE AGREEMENT

IP Intellectual Property License Assignment Agreement

SUPPLMENT TO LICENSE AGREEMENT | Document Parties: VENTURES UNITED INC | AVALANCHE PRODUCTS INC | EZEE WHIP ICE CREAM (OVERSEAS) LIMITED You are currently viewing:
This IP Intellectual Property License Assignment Agreement involves

VENTURES UNITED INC | AVALANCHE PRODUCTS INC | EZEE WHIP ICE CREAM (OVERSEAS) LIMITED

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Title: SUPPLMENT TO LICENSE AGREEMENT
Date: 2/13/2007

SUPPLMENT TO LICENSE AGREEMENT, Parties: ventures united inc , avalanche products inc , ezee whip ice cream (overseas) limited
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Exhibit 10.13

 

 

 

 

 

 

 

 

 

EZEE WHIP ICE CREAM (OVERSEAS) LIMITED

 

and

 

AVALANCHE PRODUCTS INC

 

________________________________

 

SUPPLEMENTARY

AGREEMENT IN RESPECT OF

EZEE WHIP SYSTEM

________________________________

 

 

 

 

 

 

 

 

 

 

 

Geoffrey Leaver Solicitors

251, Upper Third St

Milton Keynes

England

 

 

 

 

 

 

 

 

 

 

 

 


THIS SUPPLEMENTARY AGREEMENT is made the                   day of                                   

 

BETWEEN:

 

(1)

EZEE WHIP ICE CREAM (OVERSEAS) LIMITED whose registered office is at, Ternion Court, 264-268, Upper Fourth Street, Milton Keynes, United Kingdom, MK9 2DP under Registered No: 5166701 (“the Licensor”); and

 

(2)

AVALANCHE PRODUCTS INC  a California corporation formed and existing under the laws of California under state Registry No.  whose principal address is 2234 Solitude Court, Rocklin, California 95765 (“the Licensee”)

 

IT IS AGREED as follows:

 

1.

This Agreement supplements the Licence Agreement dated 28 th January 2005  (“the Licence Agreement”) and all the definitions in the Licence Agreement will apply to this Supplementary Agreement.

 

Exclusivity

2.

Whereas the Licence granted in the Licence Agreement is non exclusive it is hereby agreed that from the date of this agreement it shall be exclusive and shall remain so provided the Licensee complies strictly with the provisions of clause 3 of this agreement, in respect of each sub clause of which time shall be of the essence.  If the Licensee fails to comply with any of the provisions of clause 3 the Licensor shall be entitled to serve a notice in writing declaring the Licence to be non-exclusive and such notice shall be final. However, should Licensee fail to reach any minimum sales, or production requirements Licensee shall have the right to pay any fees or royalties that would have been required if said minimums had been reached in order to maintain exclusivity.

2.1

Licensor grants Licensee a non exclusive license to make, use, sell and import for Mexico and Canada which non exclusive license will remain in force and effect as long as the U.S. license (exclus


 
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