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AMENDMENT NO.1 TO THE PATENT LICENSE AGREEMENT

Patent License Agreement

AMENDMENT NO.1 TO THE PATENT LICENSE AGREEMENT | Document Parties: YINLIPS TECHNOLOGY, INC. | Yinlips Digital Technology (Shenzhen) Co, Ltd You are currently viewing:
This Patent License Agreement involves

YINLIPS TECHNOLOGY, INC. | Yinlips Digital Technology (Shenzhen) Co, Ltd

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Title: AMENDMENT NO.1 TO THE PATENT LICENSE AGREEMENT
Date: 8/21/2009

AMENDMENT NO.1 TO THE PATENT LICENSE AGREEMENT, Parties: yinlips technology  inc. , yinlips digital technology (shenzhen) co  ltd
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AMENDMENT NO.1

TO THE

PATENT LICENSE AGREEMENT

 

This AMENDMENT NO. 1 TO THE PATENT LICENSE AGREEMENT, dated and effective as of March 26, 2009 (this "Amendment"), is entered into by and among Yinlips Digital Technology (Shenzhen) Co., Ltd. (“Licensee”) and Zhao Zifeng (“Licensor”).  Licensee and Licensor are collectively referred to herein as the “Parties.” Terms not defined in this Amendment shall have such meanings as set forth in the Agreement (as defined below).

 

WITNESSETH:

 

WHEREAS, the Parties entered into that certain Patent License Agreement dated as of October 4, 2008 (the “Agreement”);

 

WHEREAS, the Parties desire to amend the Agreement by entering into this Amendment; and

 

WHEREAS, Article 13.2 of the Agreement permits the parties to amend the Agreement only by a written instrument executed by the Parties.

 

NOW, THEREFORE, for good and valuable consideration and in consideration of the respective representations, warranties, covenants and agreements set forth in the Agreement, the parties hereby agree to amend the Agreement as follows:

 

AGREEMENT:

 

1.           Recital A of the Agreement is hereby amended and restated in its entirety as follows:

 

A. &nb


 
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