Intellectual Property License Agreement. As soon as practicable and in any event within one hundred and thirty-five (135) days following the Closing, the WFOE and the PRC Affiliate shall enter into an intellectual property license agreement in a form and substance to the satisfaction of the Series B-4 Purchasers pursuant to which the WFOE shall license the intellectual properties owned by it to the PRC Affiliate and the PRC Affiliate shall pay relevant license fees to the WFOE in return.
Appears in 4 contracts
Samples: Shares Purchase Agreement, Preferred Shares Purchase Agreement (Pinduoduo Inc.), Preferred Shares Purchase Agreement (Walnut Street Group Holding LTD)
