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LICENSE AGREEMENT REGARDING DVD DISTRIBUTION

License Agreement

LICENSE AGREEMENT REGARDING DVD DISTRIBUTION | Document Parties: NUTECH DIGITAL INC | VCX Ltd., Inc You are currently viewing:
This License Agreement involves

NUTECH DIGITAL INC | VCX Ltd., Inc

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Title: LICENSE AGREEMENT REGARDING DVD DISTRIBUTION
Date: 4/6/2007

LICENSE AGREEMENT REGARDING DVD DISTRIBUTION, Parties: nutech digital inc , vcx ltd.  inc
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Exhibit 10.31

 


 

Licensing Agreement Regarding DVD Distribution

 

 

1)

This agreement is made as of this 20th day of December , 2006 , by and between NuTech Digital, Inc. a California corporation located at P.O. Box 260678, Encino, California 91426-0678 (hereafter referred to as “Licensor” ) and VCX Ltd., Inc. a Nevada Corporation located at 3430 Precision Drive, North Las Vegas, NV 89032 (hereafter referred to as “Licensee” ).

 

 

2)

Licensor hereby grants to Licensee throughout North America (hereafter referred to as “Territory”), the exclusive right to distribute and sell the DVD’s, titles furnished as finished product by Licensor only as listed on “Attachment A” of this agreement, through the remainder of the licensing agreements for North America as documented in “Attachment A”.

 

 

3)

The whole, subject to the following terms and conditions:

 

 

A)

“Titles” as used in this agreement shall mean the sixty three (63) titles listed in “Attachment A”.

 

 

B)

“Licensor” shall provide to “Licensee” a current customer list with contact information for all wholesale customers that have been sold the titles in “Attachment A” in the last two years.

 

 

C)

Both “Licensor” and “Licensee” will make separate announcements to the public and their customer base detailing the fact that “Licensee” has acquired the exclusive North American DVD distribution rights to the 63 titles.

 

 

D)

“Licensor” will retain the rights to fulfill retail sales through it’s own websites.

 

 

E)

“Licensor” will not fulfill any wholesale orders for the titles listed on “Attachment A” of this agreement during the term of this agreement. Any inquiries for said product will be referred to “Licensee” during the term of this agreement.

 

 

F)


 
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