South Carolina License Agreement between Site-Based Media, Inc. and On Site Media, Inc. Introduction: This South Carolina License Agreement (hereinafter referred to as "Agreement") is entered into on [Effective Date], by and between Site-Based Media, Inc. (hereinafter referred to as "Licensor") and On Site Media, Inc. (hereinafter referred to as "Licensee"). This Agreement governs the terms and conditions related to the licensing of intellectual property rights, as well as the attached exhibits and attachments. 1. Grant of License: Licensor grants Licensee a non-exclusive, non-transferable license (unless otherwise specified) to access and use the intellectual property owned or controlled by Licensor within the state of South Carolina. This includes, but is not limited to, trademarks, copyrights, trade secrets, and patents. 2. License Scope and Limitations: Licensee agrees to use the licensed material solely for the purposes specified in this Agreement. Any use beyond the scope outlined herein requires prior written consent from Licensor. Licensee shall not sublicense, assign or transfer any rights under this Agreement without Licensor's written approval. 3. Intellectual Property Ownership: All intellectual property rights, including but not limited to trademarks, copyrights, and patents, shall remain the sole property of Licensor. Licensee agrees not to infringe upon or challenge the ownership rights of Licensor concerning the licensed material. 4. Term and Termination: The initial term of this Agreement shall commence on the Effective Date and shall continue for a specified period. Either party may terminate this Agreement upon the occurrence of certain events, such as material breach, bankruptcy, or termination of business activities. 5. Payment Terms: Licensee agrees to pay the agreed-upon license fees, which are specified in the attached Exhibit A. Payment shall be made within [number of days] days from the receipt of an invoice by Licensee. 6. Confidentiality: Both parties agree to maintain the confidentiality of any proprietary or confidential information exchanged during the term of this Agreement. Confidentiality obligations extend beyond the termination of this Agreement. 7. Governing Law and Jurisdiction: This Agreement shall be governed and interpreted in accordance with the laws of the state of South Carolina. Any disputes arising from this Agreement shall be resolved in the state or federal courts within the jurisdiction of South Carolina. Attachments: 1. Exhibit A: License Fee Schedule This attachment outlines the specific fees associated with the licensing of intellectual property, including the payment terms and due dates. 2. Exhibit B: Intellectual Property Schedule This attachment lists the specific intellectual property assets covered by this Agreement, including trademarks, copyrights, trade secrets, and patents. 3. Exhibit C: Confidentiality Agreement This attachment contains a separate confidentiality agreement to protect the disclosure of any proprietary or confidential information during the term of this Agreement. Types of South Carolina License Agreements that may exist between Site-Based Media, Inc. and On Site Media, Inc.: 1. Trademark License Agreement: This type of license agreement grants Licensee the right to use specific trademarks owned by Licensor within the state of South Carolina. 2. Copyright License Agreement: This type of license agreement allows Licensee to access and use copyrighted material owned or controlled by Licensor within the state of South Carolina. 3. Trade Secret License Agreement: This type of license agreement permits Licensee to utilize and benefit from certain trade secrets owned or controlled by Licensor, within the state of South Carolina. 4. Patent License Agreement: This type of license agreement grants Licensee the right to manufacture, use, or sell patented technology owned or controlled by Licensor within the state of South Carolina.
South Carolina License Agreement between Site-Based Media, Inc. and On Site Media, Inc. Introduction: This South Carolina License Agreement (hereinafter referred to as "Agreement") is entered into on [Effective Date], by and between Site-Based Media, Inc. (hereinafter referred to as "Licensor") and On Site Media, Inc. (hereinafter referred to as "Licensee"). This Agreement governs the terms and conditions related to the licensing of intellectual property rights, as well as the attached exhibits and attachments. 1. Grant of License: Licensor grants Licensee a non-exclusive, non-transferable license (unless otherwise specified) to access and use the intellectual property owned or controlled by Licensor within the state of South Carolina. This includes, but is not limited to, trademarks, copyrights, trade secrets, and patents. 2. License Scope and Limitations: Licensee agrees to use the licensed material solely for the purposes specified in this Agreement. Any use beyond the scope outlined herein requires prior written consent from Licensor. Licensee shall not sublicense, assign or transfer any rights under this Agreement without Licensor's written approval. 3. Intellectual Property Ownership: All intellectual property rights, including but not limited to trademarks, copyrights, and patents, shall remain the sole property of Licensor. Licensee agrees not to infringe upon or challenge the ownership rights of Licensor concerning the licensed material. 4. Term and Termination: The initial term of this Agreement shall commence on the Effective Date and shall continue for a specified period. Either party may terminate this Agreement upon the occurrence of certain events, such as material breach, bankruptcy, or termination of business activities. 5. Payment Terms: Licensee agrees to pay the agreed-upon license fees, which are specified in the attached Exhibit A. Payment shall be made within [number of days] days from the receipt of an invoice by Licensee. 6. Confidentiality: Both parties agree to maintain the confidentiality of any proprietary or confidential information exchanged during the term of this Agreement. Confidentiality obligations extend beyond the termination of this Agreement. 7. Governing Law and Jurisdiction: This Agreement shall be governed and interpreted in accordance with the laws of the state of South Carolina. Any disputes arising from this Agreement shall be resolved in the state or federal courts within the jurisdiction of South Carolina. Attachments: 1. Exhibit A: License Fee Schedule This attachment outlines the specific fees associated with the licensing of intellectual property, including the payment terms and due dates. 2. Exhibit B: Intellectual Property Schedule This attachment lists the specific intellectual property assets covered by this Agreement, including trademarks, copyrights, trade secrets, and patents. 3. Exhibit C: Confidentiality Agreement This attachment contains a separate confidentiality agreement to protect the disclosure of any proprietary or confidential information during the term of this Agreement. Types of South Carolina License Agreements that may exist between Site-Based Media, Inc. and On Site Media, Inc.: 1. Trademark License Agreement: This type of license agreement grants Licensee the right to use specific trademarks owned by Licensor within the state of South Carolina. 2. Copyright License Agreement: This type of license agreement allows Licensee to access and use copyrighted material owned or controlled by Licensor within the state of South Carolina. 3. Trade Secret License Agreement: This type of license agreement permits Licensee to utilize and benefit from certain trade secrets owned or controlled by Licensor, within the state of South Carolina. 4. Patent License Agreement: This type of license agreement grants Licensee the right to manufacture, use, or sell patented technology owned or controlled by Licensor within the state of South Carolina.