SOFTWARE AND SERVICES LICENSE AGREEMENT
THIS SOFTWARE AND SERVICES LICENSE AGREEMENT (the “Agreement”) is entered into as of May 1, 2014 (the “Effective Date”) by and between NUVOLA, INC. (“Nuvola” or “Licensor”) and BOLLENTE, INC. (“Bollente” or “Licensee”).
Licensor agrees to provide Licensee with the time and expertise needed to operate the Software in accordance with this Agreement. Licensee understand that Licensor may provide the same Software and Services to other clients.
a.
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Licensee shall pay Licensor a monthly fee of, due on the 1st of each month, as follows (the “Monthly Payments”):
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i.
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1 to 4,999 Units $3,100 per month
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ii.
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5,000 to 9,999 Units $4,500 per month
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iii.
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10,000 to 24,999 Units $5,800 per month
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a.
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The license granted hereunder is for the period of one (1) year; however shall continue thereafter unless terminated by written agreement by both Licensee and Licensor.
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b.
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The Licensor may terminate this Agreement is Licensee fails to make the monthly payments described herein and fails to correct such non-payment within thirty (30) days after written notice thereof from Licensor.
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a.
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The original and any copies of the Software are the property of Licensor
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b.
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Licensee recognizes that Licensor regards the Software as its proprietary information and as confidential trade secrets of great value. Licensee agrees not to provide or to otherwise make available in any form the Software or any portion thereof, to any person other than employees of Licensee without prior written consent of Licensor. Licensee
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[Signature Page to Follow]
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LICENSEE:
By: /S/ Xxxxxxxxx X. Xxx
(Signature)
Xxxxxxxxx X. Xxx, President
LICENSOR:
/S/ Xxxxxxx Xxxxxx
(Signature)
Xxxxxxx Xxxxxx, President
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