Letter Agreement合同书完整篇doc.docx

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LetterAgreement合同书完整篇doc

LetterAgreement合同书-

ThisLetterAgreement,effectiveasof_________,_________,_________(M/D/Y)(theEffectiveDate)setsforththeessentialelementsofanagreementbetweenAAACorporation,_________(PLACENAME)corporationhavingitsprincipalplaceofbusinessat_________,USA,facsimilenumber_________togetherwithitssubsidiaryCCC,Ltd.,withofficesat_________,facsimilenumber_________,ontheonepart(collectivelyAAA),and,ontheotherpart,BBBTechnologies,Inc.a_________(PLACENAME)corporationhavingitsprincipalplaceofbusinessat_________andanoperatingsubsidiaryBBBTechnologies,Ltd.withofficesat_________,facsimilenumber_________(collectivelyBBB),relatedto(i)AAA’sintenttomakeaUS$,_________equityinvestmentinBBB,(ii)theparties’intentforAAAtomarketunderexclusivelicensecertainmusicCDCopyProtectionTechnologytobejointlydevelopedbyBBBandAAA,and(iii)BBB’sintenttoexclusivelylicensetheCD-Technology(asdefinedinSection11below)toAAA.

 

1.MUSICCDCOPYPROTECTIONPROJECTDESCRIPTION.BBBandAAAagreetojointlydevelopandmarketmusiccopyprotectiontechnologyforopticalmedia,includingbutnotlimitedtocopyprotectionforCDsandDVDs(theTechnology)throughoutthetermofthisLetterAgreement.TheTechnologyshallinclude,butnotbelimitedto,aprocessspecification,LBRencodermodules,manufacturingtestmodules,andqualitycontrolmodules.ThepartiesintendthattheTechnologymeetthefollowingfunctionalrequirements:

 

a.Thequalityoftheprotecteddisk,whenplayedon[]oftheworldwideinstalledbaseofCDplayers(redbookandyellowbook,includingbutnotlimitedtoportableplayerswithanti-shockcapability),shallmatchthequalityoftheoriginalunprotecteddisk[].

 

b.Theprotecteddisk,whenplayedon[]oftheinstalledbaseofCDplayers(redbookandyellowbook,includingbutnotlimitedtoportableplayerswithanti-shockcapability),[]andotherwiseperforminthesamemannerastheoriginalunprotecteddisk.

 

c.Copiesofprotecteddiskssourcedfromatleast[]oftheworldwideinstalledbaseofCD-Readersasdescribedinsubsection(d)belowshallbedegraded,suchthatthecommercialentertainmentvalueofthemusichasbeeneliminated,whenplayedontheworldwideinstalledbaseofCDplayers(redbookandyellowbook,includingbutnotlimitedtoportableplayerswithanti-shockcapability)andmini-discplayers.

 

d.Thetracksrecordedonaprotecteddiscshallnotbetransferrable(directlyorindirectly,exceptifthecommercialvalueofthemusiciseliminatedduringthetransferthroughtheCDReader-PCDataInterface)fromatleast[]oftheworldwideinstalledbaseofCD-Readersontothehard-driveofaPCusingfileformatssuchas.WAVor.BIN,includingbutnotlimitedtobyusingsoftwareprogramssuchasGoldenhawkCDRWin,AdaptecEasyCDCreator,andNero.

 

2.PROJECTRESPONSIBILITIESOFBBB.BBBshalldevelopacompleteproductspecificationaswellasacompletedproductsuitableforCommercialLaunch(asdefinedbelow),includingcompletelyfunctionalLBRencodermodulesfortheDCA,Eclipse,andMediamorphicsmasteringsystems.ThepartiesintendthatthreeLBRencodermodulesshallbedevelopednolaterthan[],onebeingfortheDougCarsonAssociatesmasteringsystem,onebeingfortheEclipseCorporationmasteringsystem,andonebeingfortheMediamorphicsmasteringsystem.BBBshallalsoperformallongoingtechnologydevelopment,enhancement,and2ndleveltechnicalsupportactivities.

 

3.PROJECTRESPONSIBILITIESOFAAA.AAAshallperformallsales,marketing,installation,andreplicatorliaison,andfirstleveltechnicalsupportactivities.AAAshallhavetheoptioninitssolediscretion,incoordinationwithBBB,tocontributetothedevelopmentofLBRencodermodulesandtoperformongoingtechnologydevelopmentandenhancements.

 

4.TECHNOLOGYDEVELOPMENTANDPROJECTMANAGEMENT.BBBagreestoassignasufficientnumberoftechnicalpersonnelfora[]yearperiodbeginningontheEffectiveDateofthisLetterAgreement,todevelop,enhance,andmaintaintheTechnology.DuringtheperiodbeginningontheEffectiveDateandendingthreemonthsfollowingthedateonwhichtheCommercialLaunch(assuchtermisdefinedinSection7below)hasoccurred,BBBagreestocause[]tobeassignedonafulltimebasistodevelop,enhance,andmaintaintheTechnologyandtoperformsuchactivitiesonathreequartertime(i.e.,threeweeksoutofeveryfour)basisatAAA’sCCCofficeslocatedinWoodley,UK.BBBshallpayalltravelandlodgingexpensesrelatedto[]workintheUKduringthisperiod.AAAagreestodesignateatleastonetechnicalliaisontointeractwith[]andtheotherBBBpersonnelwhoareinvolvedwiththeTechnology.AtAAA’soption,uptothreeprojectstatusmeetingsmaybeheldatAAA’sSunnyvale,Californiaoffice,andineachsuchcaseBBBagreestocause[]toattend,andAAAagreestoreimburseBBBforthereasonabletravel(coachclassairfare)andlodgingcostsof[]relatedtoeachsuchmeeting.Telephoneconferencecallswillalsobeheldweeklyatmutuallyagreedupontimes.

BBBalsoagreesto,uponrequestfromAAA,cause[]tobepresentatBBB’sexpense(exceptasdescribedbelow)atAAA’sSunnyvale,CAUSAlocation,oratanyotherlocationintheUSA,England(exceptforWoodley,UKwhere[]willbeworkingonathreequartertimebasisasdescribedabove)orWesternEuropeasrequestedbyAAAforuptooneweekpermonthbeginningontheEffectiveDateandendingthreemonthsfollowingthedateonwhichtheCommercialLaunch(assuchtermisdefinedinSection7below)hasoccurred.AAAagreestoreimburseBBBforthereasonabletravel(coachclassairfare)andlodgingcostsof[]orotherBBBpersonneliftheyarerequestedbyAAAtotraveltotheUSA.

AllengineersandotherstaffwhichmaybeassignedbyBBBorAAAtodeveloptheTechnologyshallatalltimesbeemployeesofBBBorAAA,respectively.BBBandAAAmay,attheiroption,individuallyemploytheservicesofcontractorsorconsultantstoassistinthedevelopmentoftheTechnologysolongassuchcontractorsorconsultantsareboundbyappropriateconfidentialityagreementsandhaveagreedtoassignallright,titleandinteresttotheirworkproducttoBBBorAAAasappropriate.BBBorAAA,asappropriate,shallbefinanciallyresponsibleforthesalaries,benefits,expenses,andequipmentrequiredbytheirrespectiveengineers,contractors,consultants,andotherstaff.

 

5.OWNERSHIPOFTHETECHNOLOGY.TMandAAAshalleachindividuallyownallrighttitleandinteresttothoseportionsoftheTechnologywhichcanbeshowntohavebeendevelopedindependentlybythem.Inaddition,AAAacknowledgesBBB’sownershipoftheintellectualpropertycomprisingtheCD-Technology,asdefinedinSection11below.AllotherportionsoftheTechnologyshallbeownedjointlybyBBBandAAA(JointlyOwnedTechnology).Eachpartyagreestofileandprosecute,andshallbeartheexpenseoffilingandprosecuting,atleastintheUnitedStatesofAmerica,Canada,Mexico,UnitedKingdom,France,Benelux,Scandinavia,Germany,Spain,Italy,KoreaandJapan,anypatentsonthoseportionsoftheTechnologyitownsasoftheEffectiveDateorwhichitindependentlydevelopssubsequenttotheEffectiveDateandwhicharecommerciallyimportanttoprotectingtheintellectualpropertyrightsunderlyingtheTechnology.

Exceptasprohibitedbylaw,thepartiesshalljointlyfile,withrespecttoJointlyOwnedTechnology,suchpatentandcopyrightapplicationsandamendmentsthereofasthepartiesagreeareusefultoprotecttheirjointinterestsintheTechnology,andshallthereafterusecommerciallyreasonablediligencetoprosecuteandmaintaininforcesuchapplicationsandanyresultantpatentsandcopyrights.Thecostsandexpenses(includingattorneys’fees)incurredinthefiling,prosecutionandmaintenanceofsuchpatentsandcopyrightsshallbesharedequallybytheparties.Asanadditionalright,eitherparty,atitsownexpense,mayfilepatentandcopyrightapplicationscoveringtheTechnologyinthosecountrieswherethepartiesdonotmutuallyagreetofilesuchapplications.AllpatentandcopyrightapplicationsforJointlyOwnedTechnologydevelopedunderthisLetterAgreementshallbefiledinthenameofbothparties.

 

6.LICENSEGRANT.SubjecttothetermsofthisLetterAgreement,BBBgrantstoAAA,duringthefulltermofthisLetterAgreement,anexclusive,worldwide,royalty-bearinglicense,withintheFieldofUse(asdefinedbelow),includingtherighttosublicense,touseallpatentrights,softwarealgorithms,encodermodules,applicabletrademarksandtradenamesincludingbutnotlimitedtoMusicGuard,andotherintellectualpropertyownedbyorlicensedtoBBB,ordevelopedbyBBB,whichisrequiredtodevelopandgeneratecommercialbenefitfromtheTechnology.FieldofUseshallmeanmusic(includingmusicvideo)copyprotectionforopticalmedia,includingbutnotlimitedtocopyprotectionforCDsandDVDs,andforinternetdigitalrightsmanagementformusicapplications.

BBBwillensure,nolessfrequentlythanmonthly,thatAAAhasafullcopyofthelatestversionoftheTechnology(includingcopiesofallpertinentnotes,plans,diagrams,schematics,sourcecode,objectcodeandtechnicalspecifications),itbeingunderstoodthattheintentofthepartieshereinistoprovideforAAAtobeabletofullyutilizetheTechnologyintheeventofadissolutionorcorporatereorganizationofBBBand/orintheeventthat[]ceasestobeintheemployofBBB.

 

7.LICENSEFEES.ExceptasprovidedbelowinthisSection7AAAagreestopaytoBBBthirtypercent

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