

COPYRIGHT LICENSE
AGREEMENT
This
Agreement (this "Agreement") is made effective as of ………..
(the
"Effective Date"), by XYZ SOFTWARE, INC., a ............ corporation
("XYZ") and YYY LABORATORIES, INC., a
............ corporation ("YYY").
RECITALS
A. XYZ is
engaged in the business of developing, distributing, and marketing
computer software products in the form of computer
programs and written
documentation relating to their use.
B. XYZ has
acquired from ............ Consumer Health (MMM) the rights of Applied
………….. Informatics, Inc., a ............ corporation
("AMI"), with respect to three
computer software products, known as "Medical HouseCall", "Pediatric HouseCall"
and "……………." (those three products are
referred to in this Agreement as the
"Products"). YYY wishes to acquire an
exclusive license to use and modify the
Products to create and manufacture ............
language versions of the Products
and derivative products in the ............ language,
and the exclusive right to
distribute ............ language versions of the
Products throughout the world, and
XYZ is willing to grant the license and distribution
rights in the ............
language versions of the Products to YYY under the
terms and conditions of
this Agreement.
These rights being granted to YYY include all of XYZ's
rights in and to the current localized ............
versions and derivatives of the
Products developed during the period when MMM owned
the rights in the Products.
YYY also wishes to acquire the right to distribute
English language versions
of the Products in ............, and XYZ is willing to
grant such rights under the
terms of this Agreement.
NOW,
THEREFORE, in consideration of the premises and mutual covenants and
agreements set forth in this Agreement, YYY and XYZ
agree as follows:
Section 1
RIGHTS GRANTED TO
YYY
1.1 Grant.
Subject to the terms and conditions of this Agreement, XYZ
grants to YYY the following exclusive license and
related rights with respect
to the Products in the Territory:
(a)
to manufacture and reproduce, or have manufactured and
reproduced
on its behalf, copies of ............ language versions of the
Products
(including any modified versions of the Products produced by
YYY
pursuant to Section 1.1(c) below);
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(b) to market, sell and
distribute ............ language versions of
the
Products (including any modified versions of the Products in the
............
language produced by YYY pursuant to Section 1.1(c) below) in
the
Territory during the term of this Agreement.
YYY shall have the
exclusive
right to distribute, by any means or method of distribution, the
............ language versions of the Products (including any modified
versions
of the Products in the ............ language produced by YYY
pursuant
to Section 1.1(c) below) in the Territory, including exclusive
copyrights
with respect to the ............ language versions of the Products
(including
any modified versions of the Products in the ............ language
produced
by YYY pursuant to Section 1.1(c) below);
(c) to modify the Products in the
............ language (which may
include a
limited amount of English language where the English language
word or
term cannot be properly translated into the ............ language, or
which
enhances the functions of the ............ language version) and create
derivative
works of the Products in the ............ language, including
without
limitation localized versions of the Products in the ............
language
(which may include a limited amount of English language where the
English
language word or term cannot be properly translated into the
............ language, or which enhances the functions of the
............
language
version) designed for the ............ market, and to manufacture and
reproduce,
market, distribute and sell such modifications to and
derivatives of the Products (including localized versions of the
Products)
in the
............ language in the Territory during the term of this
Agreement;
provided that any such modifications and derivatives (including
localized
versions) must be in the ............ language.
1.2 Sublicenses.
XYZ hereby grants YYY the right to sublicense the
manufacturing, reproduction and distribution (through
multiple tiers of
sublicenses) of the ............ language versions of
the Products in the Territory
during the term of this Agreement; provided that YYY
must cause all
sublicenses to comply with the terms and conditions of
this Agreement.
1.3 Distribution Rights. XYZ grants to YYY the exclusive right to
distribute copies of the English language versions of
the "Illiad" Product in
............ only, subject to the terms and conditions
of this Agreement. XYZ also
grants to YYY the exclusive right to distribute copies
of the English
language versions of the "Medical Housecall" and "Pediatric
Housecall" Products
in ............ only, subject to (1) the existing
rights of Mindscape under the
worldwide distribution agreement between Mindscape and
XYZ which expires on
December 31, 2000 (the "Mindscape Distribution
Agreement"), and (2) the terms
and conditions of this Agreement. Upon the termination of the existing
Mindscape Distribution Agreement, YYY will have the
exclusive right to
distribute the English language versions of the
Products in ............ only.
All copies of English language versions of the
Products distributed by YYY in
............ must be obtained by YYY from XYZ pursuant
to this Agreement; YYY
will not have the right to manufacture, make or have
made copies of the English
language versions of the Products. XYZ will furnish YYY with 100 copies of
the English language versions of each of the Products,
solely for distribution
in ............, free of charge, at YYY' request. Thereafter, the per unit royalty
for the English language versions of Medical Housecall and Pediatric Housecall
will be U.S. $12.00 per unit. Units of the English language version of
Iliad
may be purchased by
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YYY at a royalty equal to the average price charged by
XYZ in the U.S. to
resellers of that Product. The Products will be shipped FOB XYZ by a
method
specified by YYY.
YYY will be responsible for shipping and insurance.
1.4 No Implied Rights. Except as specifically set forth in this
Agreement, no express or implied license or right of
any kind is granted to
YYY regarding the Products or any of the trademarks of
XYZ, including, but
not limited to, any right to know, use, produce,
receive, reproduce, copy,
market, sell, distribute, transfer, translate, modify,
adapt, disassemble,
decompile, or reverse-engineer the Products or obtain
possession of any source
code or other technical material relating to the
Licensed Products. YYY
specifically acknowledges and agrees that the rights
granted under this
Agreement are limited to the ............ language
versions of the Products
("Medical HouseCall,"
"Pediatric HouseCall,"
and "Illiad"); the rights granted
do not apply to any other products of XYZ.
Section 2
OBLIGATIONS OF YYY AND
XYZ
2.1 Marketing.
YYY will use reasonable efforts to promote and market
(1) the modified ............ language versions of the
Products and derivatives of
the Products in the ............ language produced by
YYY in the Territory, and
(2) the English language versions of the Products in
............. YYY will bear
the cost of all marketing and advertising expenses
related to the ............
language versions and derivatives of the Products in
the ............ language
produced by YYY and the English language versions of
the Products distributed
by YYY.
2.2 Product Support and Warranty. YYY shall be solely responsible
for supporting all end-users of the Products
distributed by YYY and for
providing all warranty coverage and support in
accordance with the customary
end-user warranty included with the Products. XYZ will furnish end-user
support and warranty coverage (returns of defective
products) for copies of
English-language versions of the Products distributed
in ............, in accordance
with XYZ's standard end-user
warranty and support policies. XYZ will
provide
to YYY, during the term of this Agreement and in a
timely manner, all
revisions, updates, enhancements or fixes to the
Products that XYZ may, in its
sole discretion, elect to develop, or have developed,
and incorporate, or have
incorporated, in the English language versions of the
Products for general
distribution in the United States; however, XYZ is not
obligated to undertake
any such revisions, updates, enhancements or
fixes. XYZ will also use its
commercially reasonable efforts to furnish YYY with
access to any technical
materials or information about the Products that is in
XYZ's possession and
control (including using reasonable efforts to obtain
such materials or
information from third parties) and would be useful to
YYY in the development
and manufacture of the ............ language versions
of the Products (including
modifications of the Products developed by YYY). If the assistance requested
by YYY exceeds 10 hours in any calendar quarter, XYZ
will be compensated at
its standard contracted services rate (currently
U.S.$125 per hour).
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2.3 Packaging.
YYY will develop any new packaging required for the
............ language versions of the Products or
derivatives of the Products in the
............ language produced by YYY. Any copies of the English language
versions of the Products distributed by YYY in
............ in accordance with this
Agreement must be distributed in the original
packaging furnished by XYZ;
YYY will not have the right to repackage such copies
of the English language
versions of the Products without authorization from
XYZ.
2.4 Notices.
YYY will maintain any copyright and trademark notices
which are included on and in the Products or otherwise
specified by XYZ in
writing from time to time.
2.5 No Authority to Bind XYZ YYY has and will exercise no
authority to make statements, warranties or
representations concerning the
Products that exceed or are inconsistent with the
marketing materials or
technical specifications provided to YYY by XYZ. YYY has and will
exercise no authority to bind XYZ to any undertaking
or performance with
respect to the Products.
2.6 Deliverables. XYZ will provide, upon execution of this
Agreement,
YYY all object code, source code, related technical
materials in XYZ's
possession relating to the development of the current
versions of the Products,
in electronic form, as listed on Exhibit A.
("Deliverables")
Section 3
PROPRIETARY
RIGHTS
3.1 Ownership.
Notwithstanding any provision in this Agreement to the
contrary, as between YYY and XYZ, XYZ will retain and
own all worldwide
right, title and interest in and to the Products and
the Trademarks, and all
intellectual property and other rights therein,
including but not limited to
copyrights, patents, and trade secrets in the Products
and derivatives thereof
(both object code and source code form), and the
Collateral Materials, including
all copies and all portions thereof, and nothing in
this Agreement will vest
title in YYY to any rights therein, except as
expressly set forth in this
Agreement. YYY
will own all rights in any derivative works of the Products
in the ............ language developed by YYY in
accordance with Section 1.1(c);
however, YYY' rights in such derivatives will be
limited to the ............
language versions only, and YYY will not have the
right to translate such
derivatives into any other language.
3.2 YYY Developed Materials. YYY may, at its own expense, adopt
its own trademarks, artwork, copy and packaging in
marketing and promoting the
............ language versions of the Products and the
derivatives of the Products
in the ............ language produced by YYY. YYY will not have the right to
use any of the trademarks or tradenames
of XYZ on or with respect to the
............ language versions of the Products or
derivatives of the Products in the
............ language produced by YYY. Any copies of the English language
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versions of the Products distributed by YYY in
............ must be distributed and
sold in the original packaging furnished by XYZ; such
copies may not be
repackaged by YYY without authorization from XYZ.
Section 4
CONFIDENTIALITY
4.1 Confidential Information. All documentation and information
designated by the party disclosing the information
(the "Disclosing Party") as
proprietary or confidential, including without
limitation drawings, source code,
computer program listings, techniques, algorithms, and
processes and technical
and marketing information ("Confidential
Information") which is supplied by the
Disclosing Party in connection with this Agreement
shall be treated
confidentially by the recipient of the confidential
information ("Recipient")
and its employees and contractors and shall not be
disclosed by the Recipient,
except as required in order to exercise the rights and
obligations set forth in
this Agreement, without the Disclosing Party's prior
written consent.
Recipients of Confidential Information shall disclose
Confidential Information
only to employees, contractors, and sublicensees who have a need to know and
have executed written agreements requiring them to
comply with the nondisclosure
obligations set forth herein.
4.2 Limitations.
Information shall not be considered to be Confidential
Information if it (1) is already or otherwise becomes
publicly known through no
act of Recipient; or (2) is lawfully received from
third parties subject to no
restriction of confidentiality; or (3) can be shown by
Recipient to have been
independently developed by it; or (4) is authorized by
the Disclosing Party to
disclose, copy or use; or (5) is disclosed by the
Disclosing Party to third
parties without restriction on subsequent disclosure;
or (6) is required to be
disclosed in the context of an administrative or
judicial proceeding.
4.3 Survival.
The provisions of this Section will survive the
termination of this Agreement for so long as the
materials remain confidential
and proprietary, in the case of any materials which
constitute trade secrets
under applicable law.
The duty of confidentiality with respect to all other
confidential information shall survive the termination
or expiration of the
Agreement for a period of three (3) years.
Section 5
WARRANTIES, COVENANTS AND
INDEMNIFICATION
5.1 Warranties and Covenants of XYZ. XYZ represents, warrants and
covenants to YYY that:
(a) XYZ has the full power to enter into this
Agreement; (b) XYZ's
performance of the terms of this Agreement and of XYZ's
obligations hereunder will not breach any separate
agreement by which XYZ is
bound; (c) XYZ has retained (that is, it has not
transferred or licensed) any
of the rights that it acquired in the Products; (d)
the rights being granted to
YYY include all of XYZ's
rights in and to the current localized ............
versions and derivatives of & Products developed
during the period when ............
Consumer Health owned the rights in the Products; (e)
other than Mindscape, XYZ
has not
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authorized or licensed, nor will it authorize or
license, any party to
distribute English language versions of the Products
in ............; and (f) XYZ will
not make any derivative versions of the Products with
the intent to be and/or
would be competitive with YYY in the ............
market. XYZ specifically
disclaims any warranty or covenant with respect to the
noninfringement by the
Products or Trademarks of any third party intellectual
property rights
(including any copyright rights, patent rights, trade
secret rights or trademark
rights), and YYY expressly assumes any and all risk
that the Products or the
Trademarks may infringe third party rights, except
that YYY does not assume
any risks with respect to copies of Products
distributed by Mindscape in .............
XYZ does not have actual knowledge of any existing
claim against XYZ which
would affect XYZ's ownership
rights to the Products. XYZ agrees that
it will
notify YYY if XYZ learns of any claim that would
affect XYZ's ownership
rights to the Products, or any claim that the Products
infringe any third party
rights in ............, that may arise subsequent to
the execution of this Agreement.
5.2 XYZ's
Indemnity. XYZ agrees to indemnify, hold
harmless and
defend YYY from all claims, defense
costs (including reasonable attorneys'
fees), judgements and other expenses arising out of or
on account of (a) the
breach of any representation, covenant or warranty set
forth in Section 5.1
above; and/or (b) claims arising out of prior
agreements involving MMM, ............,
AMI Inc., AMI-US, AMI-............ (not related to claims covered under Section 5.5(c)
and (d) of this Agreement).
5.3 YYY Obligation. YYY shall notify XYZ promptly of any
claim as to which indemnification will be sought and
provide XYZ reasonable
cooperation in the defense
and settlement thereof.
5.4 Warranties and Covenants of YYY. YYY represents, warrants and
covenants to XYZ that: (a) YYY has the full power and
authority to enter
into this Agreement and to fulfill
its obligations hereunder; (b) any
promotional materials, packaging, documentation or
other materials developed by
YYY for use with the Products, do not infringe upon,
or misappropriate, any
copyright, trademark, trade secret or other
proprietary rights of any third
party; (c) YYY's performance
of the terms of this Agreement and of YYY's
obligations hereunder will not breach any separate
agreement by which YYY is
bound; and (d) YYY has acquired all rights of
AMI-............, Inc., a ............
corporation ("AMI-............") with
respect to the Products, including without
limitation, the rights of AMI-............ under the
Standard Company Agreement between
Applied Medical Informatics, Inc. and
AMI-............, Inc., dated
(the "Company Agreement") and Statement of
Work No. 1 ("Localization of Medical
HouseCall and Pediatric HouseCall
for ............ marketplace Effective on March
1, 1996") (the "Statement of Work"),
and, as a result of such acquisition of
AMI-............'s rights by YYY, AMI-............ no
longer has any right, title or
interest in or to the Products.
5.5 YYY Indemnity. YYY agrees to indemnify, hold harmless and
defend XYZ from all claims, defense
costs (including reasonable attorneys'
fees), judgements and other expenses arising out of or
on account of claims of:
(a) any actions or omissions on
the part of YYY in
manufacturing, distributing, marketing, or sublicensing the Products;
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(b) any statements, claims,
representations or warranties made by
YYY or its
employees, agents, sublicensees representative,
relating to
the
Products;
(c) the breach of any
representation, covenant or warranty set
forth in
Section 5A above;
(d) any claim by
AMI-............ against XYZ or YYY arising out of
or relating
to the execution, delivery or performance of this Agreement or
the
Company Agreement or Statement of Work.
5.6 XYZ's
Obligation. XYZ shall notify YYY promptly of any claim
as to which indemnification will be sought and provide
YYY reasonable
cooperation in the defense
and settlement thereof.
Section 6
ROYALTIES
6.1 License Fees. In consideration for the rights granted YYY
under
Section 1 of this Agreement, and the Deliverables
provided in Section 2.6,
YYY will pay to XYZ license fees in the aggregate
amount of U.S.$750,000.00
(the "License Fees").
6.2 Payment of License Fees. The initial installment
of the License
Fees, in the amount of U.S.$375,000, will be payable
upon execution of this
Agreement and the receipt by YYY of the Deliverables
as stated in Section
2.6, by wire transfer of that amount, in U.S. Dollars,
to the account of XYZ
designated in writing by XYZ. The remaining balance of the License Fees,
U.S.$375,000, will be secured by YYY by a Letter of
Credit in the amount of
US. $ 375,000 which XYZ would have the right to draw
on
provided that (1) YYY had received the Deliverables in
Section 2.6, and (2)
XYZ had provided any updates, revisions, enhancements
or fixes that may exist,
and has provided any required support needed to
complete the ............ versions
of the Products, in each case as contemplated under
Section 2.2 of this
Agreement. All
such payments will be made by wire transfer of US. Dollars to
the account of XYZ designated in writing by XYZ.
6.3 No Offsets.
Except as may be required under the Conventions between
the United States of America and ............
governing Taxes on Income, the License
Pees due to XYZ under this Agreement are net amounts,
exclusive of all taxes
(other than any required withholding of any US.
corporate income taxes of XYZ
required by existing reciprocal tax agreements between
the U.S. and ............
governing such transactions), and are not subject to
offset or reduction because
of any costs, expenses, or liabilities incurred by YYY
or imposed on XYZ in
the performance of this Agreement or otherwise due as
a result of this
Agreement.
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6.4 Taxes.
YYY will be responsible for, and will pay directly, any
and all taxes, duties and charges incurred in the
performance of this Agreement,
including without limitation sales and use taxes,
withholding taxes, duties and
charges imposed by federal, state or local
governmental authorities in the
United States, ............ or elsewhere, but
excluding U.S. corporate income taxes of
XYZ. YYY will
also be responsible for payment of any license fee,
assessment, duty, tax, levy, or other charge imposed
by or in ............ as a result
of this Agreement or the transactions provided for
under this Agreement.
Section 7
TERM AND
TERMINATION
7.1 Term.
The term of this Agreement will commence on
and will expire on December 31, 2097 (the
"Initial Term"), unless earlier
terminated.
7.2 Option to Renew. At the end of the Initial Term, YYY will have
the option to extend the term of this Agreement
automatically for an additional
term of 99 years, beginning on January 1, 2098, on the
same terms and conditions
of this Agreement, other than the payment of License
Fees. At the time of such
exercise, YYY will pay license fees for the additional
term in the amount of
U.S.$10.00. All
other terms and conditions of this Agreement will apply during
the extended term.
YYY will notify XYZ in writing whether YYY intends
not to exercise the option provided for in this
Section 7.2 at least 90 days
prior to the end of the Initial Term.
7.3 Termination.
This Agreement may be terminated on the sixtieth (60)
day after either party gives the other party written
notice of a material breach
by the other party of any material term or condition
of this Agreement, unless
the breach is cured prior to the end of the 60 day
period (or, if the breach
cannot reasonably be cured within 60 days but can be
cured within a reasonable
additional period of time, if the breach is not cured
within such reasonable
additional period of time). In addition, either party may terminate this
Agreement upon written notice to the other party if
the other party (1)
dissolves or winds up its business (except in
connection with a merger or
acquisition transaction); or (2) is subject of a
voluntary or involuntary filing
under the bankruptcy laws of any jurisdiction, unless
the filing is discharged
within 180 days.
7.4 Rights in the Event of Dissolution,
Insolvency or Bankruptcy. If
either party is adjudicated as bankrupt or insolvent,
or if the shareholders of
party shall resolve to dissolve and liquidate the
party, and the other party at
the time of such adjudication or resolution is in full
compliance with this
Agreement and has not been notified by the other party
of default under the
terms of this Agreement, then the other party shall
have right of access to all
source codes, diagrams and charts that may exist and
are necessary to continue
the support, manufacture and marketing of the
............ language versions of the
Products, and derivatives of the Products in the
............ language, within the
Territory.
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Section 8
DISTRIBUTION AFTER
TERMINATION
YYY and
any of its sublicensees granted rights under this
Agreement
will be entitled to continue to distribute and sell
Products manufactured prior
to the date of termination pursuant to the terms of
this Agreement
notwithstanding termination of the licenses granted in
Section 1, for a period
not to exceed three (3) months. However, YYY must not manufacture or
reproduce Products after the termination of the
licenses granted in Section 1.1
and no sublicensee may
manufacture or reproduce Products after the termination
of the license granted to YYY.
Section 9
LEGAL
PROCEEDINGS
YYY will promptly
notify XYZ of any infringement of XYZ's
proprietary rights that comes to YYY's
attention and will cooperate with
XYZ in any action brought by XYZ to investigate or
remedy any such
infringement of these rights.
Section 10
GOVERNING LAW AND DISPUTE RESOLUTION
10.1 Attorneys' Fees. If either party commences legal action to
enforce
the terms of this Agreement, or should litigation
occur between YYY and XYZ
over any other issue, then the prevailing party in
such legal action shall
recover from the non-prevailing party all reasonable
costs and expenses
incurred, including reasonable attorney fees and court
costs. Court costs shall
mean all reasonable expenses incurred related to the
litigation whether or not
such costs are taxable under applicable statutes.
10.2 Governing Law. The validity, construction, and performance
of this
Agreement shall be governed by the laws of the State
of New York without regard
to principles of conflicts of law.
Section 11
MISCELLANEOUS
PROVISIONS
11.1 Notices.
For the purposes of all notices and other communications
required or permitted to be given hereunder, the addresses
of the parties hereto
shall be indicated below. All such communications
shall be in writing and shall
be deemed to have been duly given if sent by
facsimile, the receipt of which is
confirmed by return facsimile, or if delivered
personally with receipt
acknowledged, or sent by first class registered or
certified mail or equivalent,
return receipt requested, if available, postage paid,
or commercial carrier
(e.g. Federal Express or UPS), addressed to the
parties at their addresses
respectively set forth below:
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If
to XYZ XYZ
Software Inc.
Attention:
If
to YYY: YYY Laboratories, Inc.
Attn:
11.2 Entire Agreement. This Agreement, including any attached
schedules,
constitutes the entire agreement between the parties
with respect to the
services and all other subject matter hereof and
merges all prior and
contemporaneous oral or written communications,
agreements, representations
and/or understandings.
It shall not be modified nor any provision waived or
departed from except by a written agreement dated
subsequent to the date of this
Agreement and signed on behalf of the parties by their
respective duly
authorized representatives; and then such waiver or
consent shall be effective
only in the specific instances of and for the specific
purposes given.
11.3 Severability.
In the event that any one or more of the provisions
of this Agreement is found to be illegal or
unenforceable, then notwithstanding
such illegality or unenforceability, this Agreement
shall remain in full force
and effect, and such term or provision shall be deemed
modified as necessary to
achieve the original intent of the parties with
respect to the Agreement.
11.4 Contract Assignment. Neither party may assign
their rights and
duties under this Agreement without the consent of the
other party, which will
not be unreasonably withheld; however, either party
may assign this Agreement to
any parent, subsidiary, or affiliate of such party or
to any third party which
succeeds by operation of law to, or purchases or
otherwise acquires
substantially all of the assets of such party or a
subsidiary or affiliate of
such party and which assumes such party's obligations
hereunder, provided,
further, that in no event shall the rights or
obligations of either party
hereunder be assigned or assignable by any bankruptcy
proceedings, and in no
event shall this Agreement or any rights or privileges
hereunder be an asset of
either party under any bankruptcy, insolvency or
reorganization proceedings.
The rights and duties of each party will survive any
permitted assignment by
either party.
11.5
Waivers and Amendments. No
waiver, amendment, or modification of
any provision of this Agreement shall be effective
unless consented to by both
parties in writing.
No
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failure or delay by either party in exercising any
rights, powers, or remedy
under this Agreement shall operate as a waiver of any
such right, power, or
remedy.
11.6 Agency.
The parties are separate and independent legal entities.
Nothing in this Agreement shall constitute a
partnership nor make either party
the agent or representative of the other. Neither party has the authority to
bind the other or to incur liability on behalf of the
other, nor to direct the
employees of the other.
11.7 Titles and Headings. The titles and headings of each section are
intended for convenience only and shall not be used in
construing or
interpreting the meaning of any particular clause or
section.
11.8 Contractual Interpretation. Ambiguities, inconsistencies, or
conflicts in this Agreement shall not be strictly
construed against the drafter
of the language but will be resolved by applying the
most reasonable
interpretation under the circumstances, giving full
consideration to the
parties' intentions at the time this Agreement is
entered into.
11.9 No Third Party Rights. This Agreement is not for the benefit of any
third party, and shall not be considered to grant any
right or remedy to any
third party whether or not referred to in this Agreement.
11.10 Authority.
XYZ and its representative executing this
Agreement represent and warrant that such
representative has the actual
authority to enter into this Agreement on behalf of
and to bind XYZ
thereby. YYY
and its representative executing this Agreement represent and
warrant that such representative has the actual
authority to enter into this
Agreement on behalf of and to bind YYY thereby.
11.11
Confidentiality of Agreement. The
parties consider the terms of
this Agreement to be confidential. Neither party will
disclose this Agreement or
its terms to any third party except (1) to the extent,
if any, required by law
or to by the legal, accounting, investment, or banking
requirements of a party;
or (2) with the prior written consent of the other
party (such consent not to be
unreasonably withheld).
11.12 LIMITATION ON LIABILITY; REMEDIES. NEITHER PARTY SHALL BE LIABLE
TO THE OTHER PARTY FOR ANY INCIDENTAL, CONSEQUENTIAL,
SPECIAL, OR PUNITIVE
DAMAGES OF ANY KIND OR NATURE, INCLUDING, WITHOUT
LIMITATION, THE BREACH OF THIS
AGREEMENT OR ANY TERMINATION OF THIS AGREEMENT,
WHETHER SUCH LIABILITY IS
ASSERTED ON THE BASIS OF CONTRACT, TORT (INCLUDING
NEGLIGENCE OR STRICT
LIABILITY), OR OTHERWISE, EVEN IF EITHER PARTY HAS
WARNED OR BEEN WARNED OF THE
POSSIBILITY OF ANY SUCH LOSS OR DAMAGE. MOREOVER, IN NO EVENT SHALL EITHER
PARTY'S LIABILITY TO THE OTHER
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12
PARTY OR ANY THIRD PARTY EXCEED THE AMOUNT OF LICENSE
FEES PAID TO XYZ AS
PROVIDED UNDER THIS AGREEMENT.
11.13 Survival.
The following provisions will survive the termination or
expiration of this Agreement Sections 2.5, 3.1, 4, 5,
6, 8, 10, 11.11, 11.12,
and this 11.13.
11.14 Counterparts.
This Agreement may be executed in counterparts, and
a facsimile copy of this Agreement, signed by either
party and transmitted to
the other party, will constitute a binding signature
to this Agreement.
11.15 Definitions.
The following definitions shall apply throughout this
Agreement:
(a) Collateral Materials. "Collateral Materials" means the
instruction manuals (user guide), packaging, labels, promotional and
advertising materials which are or have been developed for use in the
sale
and
promotion of the Products.
(b) Products. "Products" means the three computer
products known
as
"Medical HouseCall", "Pediatric HouseCall" and
"Illiad", together with
associated
Collateral Materials.
(c) Trademarks. "Trademarks" means any trademarks,
service marks
or tradenames of XYZ associated with the Products, as
designated by
XYZ
(d) Territory. "Territory" means anywhere in the
world.
11.16
Bankruptcy or Insolvency. This
Agreement will survive any
bankruptcy or insolvency of XYZ, and YYY will have the
right under
bankruptcy law to elect to continue its licenses
hereunder in accordance with
Section 365(n) of the United States Bankruptcy Code.
IN WITNESS WHEREOF, this Agreement is executed as of
the Effective Date set
forth above.
XYZ SOFTWARE, INC. YYY LABORATORIES, INC.
By: /s/ By: /s/
-------------------------- --------------------------
Its: Chairman and CEO
------------------------- --------------------------
ITS: President
--------------------------
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EXHIBIT A
Deliverables of XYZ to YYY
1. ………………………..
2. ……………………..
3.
…………………………………
4.
Translation Process (document)
XYZ will provide, upon execution of this Agreement,
YYY all object code,
source code, related technical materials in XYZ's possession relating to the
development of the current versions of the Products,
in electronic form, as
listed on EXHIBIT A. ("Deliverables")
XYZ will also use its commercially reasonable efforts
to furnish YYY with
access to any technical materials or information about
the Products that is in
XYZ's possession and control (including using reasonable efforts to obtain
such
materials or information from third parties) and would
be useful to YYY in
the development and manufacture of the ............
language versions of the
Products (including modifications of the Products
developed by YYY).
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