LICENSING AGREEMENT AND EXCLUSIVE RIGHT TO USE
I, Xxxx X. Xxxxxxx, mother and legal guardian of Xxxxxx X.
Xxxxxxx, a minor, fully competent to understand and protect the
rights of the minor child, hereby grant to Travco, Inc., a Nevada
Corporation, the authorization for the unrestricted and Exclusive
Right to Use of all those rights and privileges granted within
the Patent Nr. 5,517,712 given by the United States Commissioner
of Patents and Trademarks to Xxxxxx X. Xxxxxxx.
This authorization is to be considered a Licensing Agreement as
well as the unrestricted and Exclusive Right to Use of all those
rights and privileges granted within the Patent Nr. 5,517,712
given by the United States Commissioner of Patents and Trademarks
to Xxxxxx X. Xxxxxxx. Further, this Licensing Agreement and
Exclusive Right to Use shall expire ten (10) years from date
hereof, unless further extended by written mutual agreement of
the parties.
This authorization also extends to any modification, alteration
and/or any new patent being granted to Xxxxxx X. Xxxxxxx or any
successor or survivor thereof.
Dated: October 4, 2000
/s/ Xxxx X. Xxxxxxx
Xxxx X. Xxxxxxx, mother and
legal guardian of Xxxxxx X.
Xxxxxxx, a minor
State of Nevada }
} SS
County of Xxxxx }
On this 4th day of October, 2000, before me, the undersigned, a
Notary Public in and for said State, personally appeared Xxxx X.
Xxxxxxx, personally known to me (or proved to me on the basis of
satisfactory evidence) to be the person who subscribed her name
to the foregoing document and acknowledged to me that she
executed the same freely and voluntarily and for the use and
purpose therein mentioned.
By: /s/ Xxxxx Xxxxx
Notary Public in and for said
County and State
NOTARY SEALED
My Appointment expires: 5/11/03
