TechnologyPurchaseandLicenseAgreement技术销售及许可协议doc.docx
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TechnologyPurchaseandLicenseAgreement技术销售及许可协议doc.docx
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TechnologyPurchaseandLicenseAgreement技术销售及许可协议doc
TechnologyPurchaseandLicenseAgreement技术销售及许可协议-
Madeandenteredintoon_________,_________,_________(M,D,Y)
andBetween:
AAAofthe_________(Placename)ofDefenseof_________(Address)(hereinaftercalledAAA)
and:
BBBLTD.
aprivatecompanyincorporatedunderthelawsoftheStateof_________(Address)(hereinaftercalled,theCOMPANY)
WHEREAS,AAAhasdevelopedandownstheProjectandtheTechnology,asdefinedandspecifiedbelow;and
WHEREAS,TheCompanydesirestopurchasefromAAA,andAAAdesirestoselltotheCompany,theProjectandtheProject’sTechnology,andtogranttheCompanyanexclusivelicensetousetheOtherTechnologywithintheCompany’sFieldofLicense,allasdefinedandspecifiedbelowandsubjecttothetermsandconditionssetforthherein;
NOW,THEREFORE,thepartiesheretoherebyagreeasfollows:
1.DEFINITIONS.
InthisTechnologyPurchaseandLicenseAgreementthefollowingwordsandexpressionsshallbearthemeaningssetoppositethem:
theAgreementthisTechnologyPurchaseandLicenseAgreement,thepreambleandallexhibitsandschedulesthereto;
Improvementsallimprovements,enhancementsormodificationstotheProject’sTechnologymadebyeitherpartyduringthetermofthisAgreement;
GlobalPatenttheGlobalPatentAssignmentintheformattachedtoAssignmentthisAgreementasEXHIBITA;
thePatentsthepatentsandpatentapplications,asidentifiedinEXHIBITBhereto;
theProjectAninvivovideocameraandanautonomousvideoendoscope,includingaswallowablecapsulewithacameraandanopticalsystem,atransmitterandareceptionsystem;
theTechnologytheexistingunclassifieddocumentedknow-howandintellectualpropertydevelopedbyAAA,andspecificallyusedatAAAfortheProject,includingthePatentsandotherpatentsandpatentapplications,ifany,theprototypes,drawings,designs,diagrams,computerprogramsandtheirsources,designassurancedataandothertangibletechnicalinformationusedatAAAfortheProject;
theProject’sthePatents,theprototypes,andsuchotherpartofTechnologyTechnologywhichwasdevelopedbyAAAspecificallyfortheProject;
theOtheranyTechnologyotherthantheProject’sTechnology,Technologyandwhichshall,whendeliveredintangibleformtotheCompany,bemarkedasOtherTechnology
theCompany’sthelicensegrantedbyAAAtotheCompanyunderLicenseSECTION3.2hereof;
theCompany’sthecommercialexploitationoftheProjectandFieldofLicenseproductstobedevelopedorderivedtherefrom;
theAAAthelicensegrantedbytheCompanytoAAAunderLicenseSECTION7.1hereof;
theAAA’sFieldanymilitaryand/orsecurityapplicationoftheofLicenseProject’sTechnology.
2.AAA’SREPRESENTATIONS.
TheTechnologyhasbeendevelopedandisownedsolelybyAAA,andAAA’srightsthereinarefreeandclearofanylien,charge,claim,preemptiverightoranyotherencumbranceorthirdpartyrights.NeithertheexecutionanddeliveryofthisAgreementnor,toAAA’sbestknowledgeandwithouthavingconductedanyspecialinvestigation,theusebytheCompanyoftheTechnology,shallviolateorinfringetherightsofanyotherperson,firmorentity,norhasanyperson,firmorentitymadeorthreatenedAAAwithanyclaimthatwillinterferewiththeCompany’suseoftheProjectortheProject’sTechnologyinaccordancewiththetermsofthisAgreement,andnorwilltheexecution,deliveryorperformancebyAAAofthisAgreementconstituteabreachofanylaw,agreementorinstrumenttowhichAAAisapartyorbywhichitisbound.
3.SALEANDLICENSEOFTECHNOLOGY.
3.1AAAherebysellstotheCompany,andtheCompanyherebypurchasesfromAAA,allofAAA’sright,titleandinterestinandtotheProjectandtheProject’sTechnology,freeandclearofanylien,charge,claim,license,preemptiverightoranyotherencumbranceorthirdpartyright,exceptfortheAAALicense,asprovidedforunderSECTION7belowandtherestrictionsontheCompany’susethereofasprovidedforunderSECTION3.3below.Inordertogivefulleffecttothistransaction,AAAshalldelivertotheCompany,togetherwiththisAgreement,theGLOBALPATENTASSIGNMENT,dulysignedbyAAA.AAAagreestoexecuteupontherequestoftheCompanysuchadditionalinstruments,applications,declarationsandforms,asmaybenecessaryunderanyrelevantlaworasmayberequiredbyanyofficialorauthority,tocontinue,secure,defend,registerandotherwisegivefulleffectto,andperfecttherightsoftheCompanyundertheGlobalPatentAssignmentinthePatents,includingtoregistertheassignmentofeachPatentinthenameoftheCompany.
3.2
(a)AAAherebygrantstotheCompany,andtheCompanyherebyaccepts,aworld-wide,exclusive,royalty-free,andperpetuallicensetousetheOtherTechnology,solelyforthepurposeofthecommercialexploitationoftheProject(theCOMPANY’SLICENSE).TheCompany’sLicenseshallbetransferableonlyinaccordancewiththeprovisionsofSection6below.
(b)ExceptforAAA’slimitedrighttorescindtheCompany’sLicenseasspecificallyprovidedinSection3.3below,theCompany’sLicenseshallbeirrevocableandtheonlyremediesforanybreachofitstermsshallbedamagesand/orinjunctivereliefs.
(c)TheCompany’sLicensegrantedherebyshallbeeffectiveupontheexecutionanddeliveryofthisAgreement,withoutnecessityforanyfurtheractionorwriting,subjecthowevertothepaymentbytheCompanyoftheconsiderationasprovidedinSECTION5below.UpontheCompany’swrittenrequest,AAAshallforthwithconfirminwritingtheCompany’sLicenseand,attheCompany’sexpense,shallexecuteanyformsorinstrumentsnecessaryforthefiling,registering,perfecting,defendingandrecordingoftheCompany’sLicenseatanyappropriategovernmentalofficesorothercompetentauthorities,in_________(Country)orabroad.
(d)SubjecttotheCompany’sLicensegrantedhereby,AAAshallretainallrightsintheOtherTechnologyasthesoleownerthereof.
3.3TheuseoftheOtherTechnologybytheCompanycontrarytotheprovisionsofthisSECTION3.2(a)shallconstituteamaterialbreachofthisAgreement,andunlesstheCompanyshallceasemakingsuchusewithinthirty(30)daysfromreceivingAAA’sfirstwrittennoticeofsame,AAAshallbeentitledtorescindtheCompany’sLicensebygivingtheCompanyawrittennoticetothateffect.
4.TANGIBLES,TECHNICALSUPPORTANDPERSONNEL.
4.1Assoonaspracticablefollowingthesigninghereof,AAAshalldelivertotheCompanyallthetangibleProject’sTechnology.
4.2FortheexploitationoftheProjectbytheCompany,fromtimetotimeasshallbecoordinatedbetweentheCompanyandAAA,attheCompany’srequestandsubjecttoAAA’ssecurityrestrictionsandavailablemanpowerandfacilities,AAAshallprovidetheCompanywith:
(i)technicalsupport,suchasAAA’savailableworkspace,manpower(forwhichtheCompanyshallpayaccordingtoAAA’sCostrateplus10%),laboratories,apparatusandotherequipmentrequired,provided,however,thattheCompanyshallbeliableforanylossordamagetoAAAortoanythirdpartycausedbyanyoftheCompany’spersonnel(unlessthepersonwhocausedsuchlossordamagewasactinginaccordancewithAAA’swritteninstructions),andthattheCompanyshallmaintainduringsuchperiodadequateinsurancescoveringsuchliabilities;(ii)reasonableassistanceintechnicalguidanceandinstructionsregardingtheTechnology,asshallberequiredfortheCompany’stechnicalstafftogainacquaintancethereofforthepurposeoftheProject;and(iii)freeaccesstoAAA’sexistingdocumentationasrequiredforcompletinganddocumentingtheProjectbytheCompany’stechnicalstaff,consultantsandotherexpertsemployedthereby.
4.3TheCompanymayrequestAAAfromtimetotimethatemployeesofAAAwillprovideconsultingorotherservicessimilarinnaturetotheCompanyinconnectionwiththeProject,andAAAshallgivedueconsiderationtosuchrequestsonacasebycasebasis,subjecttotheavailabilityofsuchemployee,theprovisionsoftheStateServiceRegulations(?
?
?
?
?
?
)andcustomarytermsofAAAforsuchpurpose.
5.CONSIDERATION.
InconsiderationfortheProject,theProject’sTechnologyandtheCompany’sLicense,theCompanyshallpayAAAtheamountof_________($,_________).PaymentshallbeinNIS,calculatedaccordingtotherepresentativerateofexchangeaspublishedbytheBankof_________(Country)immediatelypriortowhenpaymentiseffected,plusV.A.T.attheapplicablerate,againstdeliverybyAAAofataxinvoiceintheCompany’sname.
6.TRANSFERABILITYOFOTHERTECHNOLOGY.
Anytransferlicenseorsub-licensebytheCompany(aTRANSFER)ofanycurrentlyexistingOtherTechnologywhichisnotinthepublicdomain,oranyoftheCompany’srightsunderSections4,8,10and/or11ofthisAgreement,toanythirdpartyshallbelimitedatalltimesforuseonlywithintheCompany’sFieldofLicense,andfurther,shallbeconditioneduponthepriorwrittenconsentofAAA,whichconsentshallnotbeunreasonablywithheld,exceptforaTransfertoanaffiliatewhichshallnotrequiresuchconsent.Thetermaffiliateshallmean,anentitywhichshallfirstagreetoabidebythetermshereof,andinwhicheithertheCompanyorRDC-AAADevelopmentCorporationLtd.shallholdatthetimeofsuchTransfer,directly,themajorityofvotingrightsassuringtheeffectivecontrolthereininapermanentfashion,andsuchcontrolshallbemaintainedatalltimesunlessAAAhasotherwiseconsentedinwritingandinadvance,whichconsentshallnotbeunreasonablywithheld.Notwithstandingtheforegoing,AAA’srightsundertheAAALicenseshallin
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