August 20, 2015 Stein Revelsby Chief Executive Officer Anoto AB Re: Extension of Term of TLA Dear Mr. Revelsby:
Exhibit 10.01
August 20, 2015
Xxxxx Revelsby
Chief Executive Officer
Anoto AB
Re: Extension of Term of TLA
Dear Mr. Xxxxxxxx:
LeapFrog Enterprises, Inc. (“LeapFrog”), on the one hand, and Anoto AB and Anoto Group AB (“Anoto”) on the other hand, are parties to a Technology License Agreement dated January 25, 2004, as subsequently amended by written agreement (the “TLA”).
Pursuant to recent discussions, LeapFrog and Anoto agree that the Set Term of the TLA is hereby extended to December 31, 2023. For the avoidance of doubt, LeapFrog may continue to make use of the remaining balance of pre-paid royalties during this extension of the term.
Please indicate your agreement to the foregoing by returning a countersigned copy this letter to LeapFrog.
Sincerely,
/s/ Xxxx Xxxxxxx
Xxxx Xxxxxxx
Chief Executive Officer
LeapFrog Enterprises, Inc.
Accepted and agreed: | Accepted and agreed: | |||
Anoto AB | Anoto Group AB | |||
By: | /s/ Xxxxx Xxxxxxxx | By: | /s/ Xxxxx Xxxxxxxx | |
Name: | Xxxxx Xxxxxxxx | Name: | Xxxxx Xxxxxxxx | |
Title: | CEO | Title: | CEO |
Phone | 000.000.0000
0000 Xxxxxx Xxxxxx, Xxxxx 000
Emeryville, CA 94608-1070