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Intellectual Property Rights Sales Agreement

Sales Agreement

Intellectual Property Rights Sales Agreement | Document Parties: ASPIRE JAPAN, INC. | Global Investment Service, Inc You are currently viewing:
This Sales Agreement involves

ASPIRE JAPAN, INC. | Global Investment Service, Inc

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Title: Intellectual Property Rights Sales Agreement
Date: 8/21/2008

Intellectual Property Rights Sales Agreement, Parties: aspire japan  inc. , global investment service  inc
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Intellectual Property Rights Sales Agreement   Aspire Japan, Inc. (hereafter, "Aspire") is selling the Intellectual Property of the Aqua-make system to Global Investment Service, Inc. (hereafter, "GIS") with following conditions.   (Sales of Intellectual Property)  

1.  

Aspire is selling the Intellectual Property of the Aqua-make system defined below to GIS.

  Definition of the selling Intellectual Property: All registered patent, work-in-progress patent, and business and operation know-how of the Aqua-make system defined in the Intellectual Property valuation report produced by Aspire.   (Price and Payment Plan)  

2.  

GIS must pay Japanese 1.6 Billion YEN (When Japanese Yen is 110 Yen to a US$1, 1.6 Billion Japanese Yen is US$14,545,455) (excluding applicable sales tax) to Aspire for the above described Intellectual Property with the following payment schedule.

 

(1)

August 29, 2008

200 Million Japanese Yen (Approx. US$1,818,182)

 

 

 

(2)

September 30, 2008

400 Million Japanese Yen (Approx. US$3,636,364)

 

 

 

(3)

October 31, 2008/08/07

1 billion Japanese Yen (Approx. US$9,090,909)

(Approximate figure calculate with US$1=110 Japanese Yen)   (Registration transfer documents)  

3.  

Aspire agrees to transfer the registered holder of the official patent to GIS after receiving all payments described above from GIS. GIS agrees to pay for the direct expense to transfer the registered holder of the patent to Aspire fr


 
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