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.docx

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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