ASSIGNMENT OF LICENSE
THIS ASSIGNMENT made this 10th day of March 1998, by and between Gemma Global,
Inc. and ("Assignor"), and Global International, Inc. ("Assignee"):
WITNESSETH, that for valuable consideration in hand paid by the Assignee to the
Assignor, receipt of which is hereby acknowledged, the Assignor hereby assigns
and transfers to the Assignee all of his right, title and interest in and to the
two licenses from Jennicor, LLC as set forth in (i) the Licence Agreement dated
March 15, 1999, whereby Jennicor, LLC granted Gemma Global Inc., rights to the
Xxxxxxxx Gucci name; and the Licence Agreement dated March 15, 1999, whereby
Jennicor, LLC granted Gemma Global Inc., rights to the Gemma Gucci name.
Provided, however, no warranties of any kind whatsoever are made incident to
this Assignment.
IN WITNESS WHEREOF, intending to be legally bound, the Assignor and Assignee
have signed this Assignment on the dates set forth below, with the effect as of
the date first above written.
By: /s/ Xxxxxx X. Xxxxxx
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Xxxxxx X. Xxxxxx, President
Date: 9/18/00
/s/ Xxxxxx Xxxxxxx
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Xxxxxx Xxxxxxx, VP-Production, Secretary
Date: 9/18/00
