AMENDED AND RESTATED LICENSE AGREEMENT
Exhibit
10.8
AMENDED
AND RESTATED LICENSE AGREEMENT
This
Amended and Restated License Agreement (“Agreement”)
between Mojang AB and Super League Gaming, Inc. is made and entered
into as of September 12, 2017
RECITALS
WHEREAS, Mojang and
SLG entered into, and now wish to amend and restate that certain
License Agreement made as of August 1, 2016 (“Original
Agreement”);
NOW
THEREFORE, in consideration of the mutual promises contained in
this Agreement and for other good and valuable consideration, the
adequacy and sufficiency of which are hereby acknowledged, the
parties agree as follows:
AMENDMENT AND RESTATEMENT
OF THE LICENSE AGREEMENT DATED AUGUST 1, 2016
1.
PARTIES
1.1
The parties to this
Amended and Restated License Agreement (the “Agreement”) made as of September
12, 2017 (“Amended
Effective Date”)
are:
1.1.0
Mojang AB, a
company with its principal place of business at Xxxxx Xxxxxxxx 00
XX XX-000 00, Xxxxxxxxx, Xxxxxx (“Mojang”); and
***** SUPER LEAGUE GAMING, INC. HAS REQUESTED THAT THE OMITTED
PORTIONS OF THIS DOCUMENT, WHICH ARE INDICATED BY [*****], BE
AFFORDED CONFIDENTIAL TREATMENT. SUPER LEAGUE GAMING, INC. HAS
SEPARATELY FILED THE OMITTED PORTIONS OF THE DOCUMENT WITH THE
SECURITIES AND EXCHANGE COMMISSION.
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1.1.1
Super League
Gaming, Inc. (“SLG”) a Delaware corporation
located at 0000 Xxxxxxxx Xxx., Xxxxx Xxxxxx, XX 00000.
1.2
SLG and Mojang
shall each be a “Party” and collectively shall be
the “Parties” to
this Agreement.
2.
RECITALS
2.1
Mojang owns and
publishes Minecraft, a
globally popular sandbox game that among other things enables
players to build constructions out of textured cubes in a 3D
procedurally generated world.
2.2
SLG operates
recreational leagues for gamers of all ages to compete, socialize
and play video games in movie theatres.
2.3
SLG desires a
license from Mojang with respect to the use of Minecraft IP in a game league played
within the Territory.
3.
DEFINITIONS
3.1
“Game” means Minecraft.
3.2
“Approved Advertising Content”
means advertising, artwork and other content related to the Game
that are approved in writing by Mojang to be used solely by SLG in
Mojang-approved advertising, marketing and promotion of the
Game.
***** SUPER LEAGUE GAMING, INC. HAS REQUESTED THAT THE OMITTED
PORTIONS OF THIS DOCUMENT, WHICH ARE INDICATED BY [*****], BE
AFFORDED CONFIDENTIAL TREATMENT. SUPER LEAGUE GAMING, INC. HAS
SEPARATELY FILED THE OMITTED PORTIONS OF THE DOCUMENT WITH THE
SECURITIES AND EXCHANGE COMMISSION.
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3.3
“Approved Game Content” means the
Minecraft mods created by
SLG for Game Leagues that are approved in writing by
Mojang.
3.4
“Authorized Users” means end users
that have a valid and current end user license (including PC-based,
mobile and other licenses) from Mojang to use and play the
Game.
3.5
“Game League” means the practice,
play and watch events that SLG operates in Gaming Venues with
Authorized Users using Approved Game Content in the manner
described in this Agreement.
3.6
“License” means the limited license
provided by Mojang to SLG in Section 4.1.
3.7
“Minecraft IP” means the
intellectual property owned by Mojang covering the Game, including
the Minecraft Marks.
3.8
“Minecraft Marks” means the
Minecraft trademarks, logos and/or symbols identified in
Exhibit A, attached
hereto.
3.9
“Gaming Venues” means movie
theatres and, subject to Mojang’s prior written approval,
other locations such as schools, arenas, and other physical
locations in the Territory that enable SLG to perform Game
Leagues.
3.10
“Term” means the period commencing
with the Effective Date and ending upon the earlier of three (3)
years from the Effective Date or the termination of this
Agreement.
***** SUPER LEAGUE GAMING, INC. HAS REQUESTED THAT THE OMITTED
PORTIONS OF THIS DOCUMENT, WHICH ARE INDICATED BY [*****], BE
AFFORDED CONFIDENTIAL TREATMENT. SUPER LEAGUE GAMING, INC. HAS
SEPARATELY FILED THE OMITTED PORTIONS OF THE DOCUMENT WITH THE
SECURITIES AND EXCHANGE COMMISSION.
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3.11
“Territory” means the fifty (50)
States (including the Federal District of Columbia (DC)), within
the United States, but specifically excluding any other territories
or regions outside the fifty (50) States, plus Canada. The
Territory may be modified by the parties by mutual agreement in
writing.
4.
LICENSE
4.1
Subject to the
terms and conditions of this Agreement, including SLG making timely
payments pursuant to Sections 10 and 11, and SLG complying with
Mojang’s trademark use guidelines at xxxxx://xxx.xxxxxxxxx.xxx/xx-
us/legal/intellectualproperty/trademarks/usage/general.aspx (the
“Trademark
Guidelines”), Mojang grants SLG a non-exclusive,
non-sublicensable, non- transferable, personal, limited license
during the Term under the Minecraft IP solely to (i) reproduce,
publicly display and publicly perform the Game and Approved Game
Content to Authorized Users of the Game as part of a Game League,
and (ii) display Approved Advertising Content solely in connection
with Mojang-approved advertising, marketing and promotion of the
Game League (collectively (i) and (ii) “Licensed
Activities”).
4.2
The License is
non-extendible, non-sublicensable, non-exclusive, non-
transferable, and personal to SLG and shall not provide any
enforcement rights to
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PORTIONS OF THIS DOCUMENT, WHICH ARE INDICATED BY [*****], BE
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SEPARATELY FILED THE OMITTED PORTIONS OF THE DOCUMENT WITH THE
SECURITIES AND EXCHANGE COMMISSION.
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any
third parties. Mojang reserves all rights (and no one receives any
rights) not expressly granted by the License. No additional rights
(including any implied patent licenses, covenants, releases,
immunities or other rights) are granted by the License, through
implication, exhaustion, estoppel or otherwise. Without limiting
the generality of the foregoing, the License does not include, and
is conditioned upon no one, including SLG and the Authorized Users,
receiving, any license, right, release or covenant to (a) sell,
lease, license or distribute the Game or licenses to use the Game,
(b) any intellectual property, products, services, technology,
software, features or functionality not included in the Minecraft
IP (e.g. related or enabling technologies or rights), or (c)
encumber, license or sublicense the Minecraft IP.
5.
TRADEMARK
USAGE
5.1
SLG acknowledges
and agrees that Mojang owns the Minecraft Marks and all associated
goodwill, and retains all right, title, and interest in and to the
Minecraft Marks, and that all goodwill arising from use of the
Minecraft Marks will inure to the benefit of Mojang. When using the
Minecraft Marks as permitted herein, the activities, service or
product to which Mojang’s goodwill is being associated by
virtue of the Minecraft Xxxx usage will meet or exceed standards of
quality and performance generally accepted in the industry for such
activities, service or product. In the event Mojang reasonably
believes such quality standards are not being met, or does not
otherwise agree with SLG’s use of the Minecraft Marks, SLG
will, as promptly as is commercially reasonable, correct any such
deficiencies in its use of the Minecraft Marks and conformance to
the quality standards. SLG will not use the Minecraft Marks in any
manner that could
diminish or
otherwise damage Mojang’s goodwill. SLG will not adopt, use
or register any corporate name, trade name, domain name, trademark,
service xxxx or certification xxxx, or other designation
confusingly similar to the Minecraft Marks. SLG will take
reasonable steps to notify Mojang of any suspected infringement of
or challenge to the Minecraft Marks of which it becomes
aware.
6.
APPROVAL
PROCESS
6.1
Process for Approving Materials and
new Game League Activities. Prior to displaying any
advertising, artwork or other content in connection with any
advertising, marketing, promotion and/or sponsorships of the Game
League and prior to using any Minecraft mods as part of the
Licensed Activities (collectively, all of the foregoing,
“Material”), SLG
shall submit a sample of any Material to Mojang and seek approval
of such Material as Approved Advertising Content or Approved Game
Content, respectively, at least ten (10) business days prior to
distributing, displaying, and/or otherwise using such Material. SLG
shall not distribute, display, and/or otherwise use such Material
without receiving Mojang’s prior written approval. Mojang may
withhold its approval in its sole and absolute discretion. Prior to
beginning any new Game League program (other than movie theater
play and practice events), watch event, or other activity, SLG
shall submit to Mojang a description of the program for
Mojang’s written approval. If
***** SUPER LEAGUE GAMING, INC. HAS REQUESTED THAT THE OMITTED
PORTIONS OF THIS DOCUMENT, WHICH ARE INDICATED BY [*****], BE
AFFORDED CONFIDENTIAL TREATMENT. SUPER LEAGUE GAMING, INC. HAS
SEPARATELY FILED THE OMITTED PORTIONS OF THE DOCUMENT WITH THE
SECURITIES AND EXCHANGE COMMISSION.
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Mojang
fails to respond to SLG’s request for approval within ten
(10) business days, SLG’s request for approval shall be
deemed denied by Mojang. If Mojang fails to respond within ten (10)
business days, SLG may send a reminder email to Mojang within
forty-eight (48) hours thereafter. SLG shall not be required to re-
submit any previously approved Material for subsequent
use.
7.
SLG
OBLIGATIONS
7.1
SLG will use the
Minecraft Marks only in accordance with the Trademark Guidelines
and only in connection with the Licensed Activities as approved by
Mojang.
7.2
SLG will maintain a
dedicated, full-time employee who has deep experience in the Game
and the gaming industry to manage Game League operations, liaise
with Mojang on technology, marketing and other strategic matters,
and ensure the Games Leagues are an authentic, player-focused
experience.
7.3
SLG will operate
the Game League and perform Licensed Activities in a manner that
provides a beneficial user experience for Authorized Users at all
times.
8.
MOJANG
OBLIGATIONS
Mojang will respond to a reasonable number
of requests for approval of Material in a commercially reasonable
manner.
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PORTIONS OF THIS DOCUMENT, WHICH ARE INDICATED BY [*****], BE
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SEPARATELY FILED THE OMITTED PORTIONS OF THE DOCUMENT WITH THE
SECURITIES AND EXCHANGE COMMISSION.
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9.
COPPA
COMPLIANCE
9.1
SLG will not place,
display or post any materials depicting or using the Minecraft IP
which contain or include any material which is unlawful, libelous,
obscene, indecent, threatening, intimidating, or harassing.
Additionally, SLG shall not feature, or permit any third-party to
feature, any of the following in its advertising or promotions
relating to the Game or the Game League:
9.1.1
Prescription or
non-“over-the-counter” drugs.
9.1.2
Firearms, handguns,
ammunition, or peripherals.
9.1.3
Pornography or
pornographic products.
9.1.4
Tobacco, tobacco
products, or paraphernalia.
9.1.5
Alcohol products or
other intoxicants the sale or use of which is regulated by
law.
9.1.6
Sellers or
marketplaces of virtual items known to be counterfeit or illegal
sellers thereof, or who are otherwise in breach of the Game’s
terms of use.
***** SUPER LEAGUE GAMING, INC. HAS REQUESTED THAT THE OMITTED
PORTIONS OF THIS DOCUMENT, WHICH ARE INDICATED BY [*****], BE
AFFORDED CONFIDENTIAL TREATMENT. SUPER LEAGUE GAMING, INC. HAS
SEPARATELY FILED THE OMITTED PORTIONS OF THE DOCUMENT WITH THE
SECURITIES AND EXCHANGE COMMISSION.
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9.1.7
Businesses engaged
in gambling, wagering, bookmaking, or sports or esports betting,
including fantasy sports or esports.
9.1.8
Specific sponsors
or entities identified in writing by Mojang (email
sufficient).
9.2 SLG shall strictly
comply with the Children’s Online Privacy Policy Act of 1988
(“COPPA”) at all
times.
10.
ROYALTIES
10.1
Game League Operations. SLG
shall pay Mojang a royalty of (i) [*****] on the initial ten
million dollars ($10,000,000.00 USD) of aggregate Game League Net
Revenue accrued over the Term, and (ii) [*****] on all Game League
Net Revenue beyond $10,000,000.00 USD accrued over the Term.
“Net Revenue”
means the gross amount of all Game League ticket sales and any
other entry fees, charges, or amounts generated by the Game League,
less merchant account processing fees and the amounts actually
charged to SLG by Gaming Venues and Game League venue operators
(the “Costs”).
Calculations of Net Revenue shall be made on an individual Gaming
Venue basis and SLG may not aggregate Costs across multiple Gaming
Venues.
10.2
Advertising. SLG shall pay
Mojang the sum of [*****] of gross revenue for all advertising sold
by SLG relating to the Game League (“Advertising”).
10.3
Sponsorship. SLG shall pay
Mojang the sum of [*****] of gross revenue for all sponsorship sold
by SLG relating to the Game League (“Sponsorship”).
10.4
GAAP. All amounts calculated
under this Agreement must be calculated in accordance with U.S.
generally accepted accounting principles (“GAAP”).
11.
REPORTS
& PAYMENT
11.1
No later than
thirty (30) days after the end of each month during the Term, SLG
shall send Mojang a detailed report to xxxxx@xxxxxx.xxx which shall
include detailed information for: [*****].
11.2
Mojang will send
SLG invoices reflecting amounts due to Mojang based on SLG’s
reports. SLG shall pay the invoiced amounts within seven (7)
calendar days of receipt of Mojang’s invoices. All payments
will be made in U.S. Dollars by wire transfer into Mojang’s
bank account specified below or such other bank account of Mojang
in the U.S. as Mojang may specify in the invoice. SLG will bear any
wire transfer fees charged by the transferred bank, and Mojang will
bear any wire transfer fees charged by the receiving
bank.
***** SUPER LEAGUE GAMING, INC. HAS REQUESTED THAT THE OMITTED
PORTIONS OF THIS DOCUMENT, WHICH ARE INDICATED BY [*****], BE
AFFORDED CONFIDENTIAL TREATMENT. SUPER LEAGUE GAMING, INC. HAS
SEPARATELY FILED THE OMITTED PORTIONS OF THE DOCUMENT WITH THE
SECURITIES AND EXCHANGE COMMISSION.
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Wiring
Instructions:
[*****]
12.
AUDIT
12.1
SLG shall maintain
and keep (at SLG’s principal place of business and at its
sole expense), during the Term and for at least three (3) years
after expiration or earlier termination of this Agreement, accurate
books of accounting and records covering all matters and
transactions related to this Agreement. Mojang and its duly
authorized representative(s) shall have the right, upon reasonable
notice and at all reasonable hours of the day, to examine and copy
and otherwise audit said books of accounting, records and all other
documents and materials in the possession or under the control of
SLG with respect to all transactions related to this Agreement. In
the event such inspection or audit discloses or reflects
underpayment or other discrepancies totaling at least five percent
(5%) of the amount due and payable to Mojang by SLG, then, without
limiting any other rights or remedies that may be available to
Mojang as a result of the same, SLG shall reimburse Mojang for all
costs and expenses of such inspection or audit and shall pay Mojang
such underpayment or other discrepancy within fifteen (15) days of
the end of the inspection or audit.
13.
EXPENSES
Unless
otherwise set forth in this Agreement, each Party will bear its own
costs and expenses that are incurred in the performance of their
obligations under this Agreement.
14.
TERM
AND TERMINATION
14.1
Termination by Mojang. Mojang
shall have the right to terminate this Agreement by providing
written notice to SLG as follows:
14.1.1
For material breach
by SLG upon expiration of a thirty (30) day cure period commencing
from the date of notice of material breach, provided that such
material breach is curable.
14.1.2
Immediately for any
material breach by SLG if such material breach is
uncurable.
14.1.3
Immediately in the
event that SLG (i) files or has filed against it a petition in
bankruptcy; (ii) is adjudged bankrupt; (iii) becomes insolvent;
(iv)
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SEPARATELY FILED THE OMITTED PORTIONS OF THE DOCUMENT WITH THE
SECURITIES AND EXCHANGE COMMISSION.
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makes
an assignment for the benefit of creditors; (v) discontinues its
business; or (vi) has a receiver appointed for it or its business
who is not discharged within thirty (30) days.
14.1.4
For Mojang’s
convenience at Mojang’s discretion by providing
ninety
(90)
days’ written notice to SLG.
14.2
The Term of this
Agreement may only be extended upon consent of Mojang in writing at
its discretion.
14.3
Upon expiration or
termination of this Agreement, the License will terminate, SLG will
immediately cease all use of the Minecraft IP and only the
following Sections shall survive: Sections 1, 2, 3, 4.2, 5.1 (but
only the first and penultimate sentences), 10 (but only with
respect to payments for activities occurring during the Term), 11
(but only with respect to reporting and payments for activities
occurring during the Term), 12 (but only for 3 years after the
Term), 13, 14.3, 15, 16, 17, 18, 20, 21, and 22.
15.
CONFIDENTIALITY
15.1
Confidential Information. Each
Party acknowledges that by reason of its relationship to the other
Party under this Agreement it will have access to and acquire
knowledge, material, data, systems and other information concerning
the operation, business, financial affairs and intellectual
property of the other Party that may not be accessible or known to
the general public (referred to as “Confidential
Information”).
15.2
No Disclosure/Use. Each Party
agrees that it will: (i) maintain and preserve the confidentiality
of all Confidential Information received from the other Party (the
“Disclosing
Party”), both orally and in writing, including taking
such steps to protect the confidentiality of the Disclosing
Party’s Confidential Information as the Party receiving such
Confidential Information (the “Receiving Party”) takes to protect
the confidentiality of its own confidential or proprietary
information; provided, however, that in no instance shall the
Receiving Party use less than a reasonable standard of care to
protect the Disclosing Party’s Confidential Information; (ii)
disclose such Confidential Information only to its own
employees on a
“need-to-know” basis, and only to those employees who
have agreed to maintain the confidentiality thereof pursuant to a
written agreement containing terms least as stringent as those set
forth in this Agreement; (iii) not disclose such Confidential
Information to any third party without the prior written consent of
the Disclosing Party; provided, however, that each Party may
disclose the financial terms of this Agreement to its legal and
business advisors and to potential investors so long as such third
parties agree to maintain the confidentiality of such Confidential
Information. Each Receiving Party further agrees to use the
Confidential Information of the Disclosing Party only for the
purpose of performing its obligations under this Agreement. The
Receiving Party’s obligation of confidentiality shall survive
this Agreement for a period of
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five
(5) years from the date of its termination or expiration and
thereafter shall terminate and be of no further force or effect;
provided, however, that with respect to Confidential Information
which constitutes a trade secret, such information shall remain
confidential so long as such information continues to remain a
trade secret. The Parties also mutually agree to (1) not alter or
remove any identification or notice of any copyright, trademark, or
other proprietary rights which indicates the ownership of any part
of the Disclosing Party’s Confidential Information; and (2)
notify the Disclosing Party of the circumstances surrounding any
possession or use of the Confidential Information by any person or
entity other than those authorized under this
Agreement.
15.3
Exclusions. The confidentiality
obligations of the Parties described above shall not apply to
Confidential Information which the Receiving Party can prove: (i)
has become a matter of public knowledge through no fault, action or
omission of or by the Receiving Party; (ii) was rightfully in the
Receiving Party’s possession prior to disclosure by the
Disclosing Party; (iii) subsequent to disclosure by the Disclosing
Party, was rightfully obtained by the Receiving Party from a third
party who was lawfully in possession of such Confidential
Information without restriction; (iv) was independently developed
by the Receiving Party without resort to the Disclosing
Party’s Confidential Information; or (v) must be disclosed by
the Receiving Party pursuant to law, judicial order or any
applicable regulation (including any applicable stock exchange
rules and regulations); provided, however, that in the case of
disclosures made in accordance with the foregoing clause (v), the
Receiving Party must (unless prohibited by law) provide prior
written notice to the Disclosing Party of any such legally required
disclosure of
the
Disclosing Party’s Confidential Information as soon as
practicable in order to afford the Disclosing Party an opportunity
to seek a protective order, or, in the event that such order cannot
be obtained, disclosure may be made in a manner intended to
minimize or eliminate the disclosure of Confidential
Information.
16.
PRIVACY
AND DATA SECURITY
16.1
Privacy Laws. SLG shall at all
times perform its obligations hereunder in accordance with
SLG’s privacy policies, the requirements of any contracts or
codes of conduct to which SLG is a party and any applicable laws or
regulations related to the processing of Personal Data (as defined
below) and/or the privacy of individual data subjects
(collectively, “Privacy
Laws”), including obtaining and at all times
maintaining any appropriate registrations or certifications under
such Privacy Laws.
16.2
Data Processing. For the
purposes of this Agreement, “Personal Data” has the meaning set
forth in applicable Privacy Laws, specifically including without
limitation any and all personally identifiable information of
Mojang customers or employees, as well any copies or corresponding
reference files kept or made by SLG thereof in any format. To the
extent SLG is required to process Personal Data, SLG expressly
acknowledges and agrees that it will only process such
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Personal Data in
accordance with terms and conditions of this Agreement and as
necessary to perform its obligations hereunder.
16.3
Information Security. SLG shall
establish, employ and at all times maintain physical, technical and
administrative security safeguards and procedures sufficient to
prevent any unauthorized processing of Personal Data and/or use,
access, copying, exhibition, transmission or removal of
Mojang’s Confidential Information from SLG’s
facilities. SLG shall promptly provide Mojang with written
descriptions of such procedures and policies upon request. Mojang
shall have the right, upon reasonable prior written notice to SLG
and during normal business hours, to conduct on-site security
audits or otherwise inspect SLG’s facilities to confirm
compliance with such security requirements.
17.
REPRESENTATIONS
AND WARRANTIES
17.1
Standing; Due Authorization.
SLG represents, warrants and covenants that it: (i) is an entity
duly formed and/or organized and validly subsisting pursuant to the
laws of its jurisdiction of formation and/or organization; (ii) is
qualified to do business in the jurisdictions in which it operates
the Game League; and (iii) has due authorization and authority to
enter into this Agreement and to fully perform its obligations
hereunder.
17.2
Performance. SLG represents and
warrants that in performing its obligations hereunder, it shall at
all times: (i) conduct itself in a professional manner in
reasonable accordance with industry standards; and (ii) comply with
all applicable laws, statutes, ordinances, rules, regulations and
requirements of all governmental agencies and regulatory
bodies.
18.
INDEMNITY
18.1
SLG will indemnify
and hold harmless Mojang and any of its affiliates, subsidiaries,
directors, officers, agents, employees, successors and assigns from
and against any and all third party claims, actions, losses,
damages and expenses (including reasonable, outside attorney fees)
arising out of or caused by: (i) any failure by SLG to perform its
obligations under this Agreement; (ii) the breach of any
representation, warranty, and/or covenant made by SLG under this
Agreement, and (iii) SLG performing Licensed
Activities.
18.2
If any action is
brought against Microsoft and/or its affiliates, subsidiaries,
directors, officers, agents, employees, successors and assigns (the
“Indemnified
Party”) with respect to any allegation for which
Microsoft seeks indemnity from SLG (the “Indemnifying Party”), Microsoft
shall promptly notify the Indemnifying Party in writing. The
Indemnified Party shall cooperate with the Indemnifying Party, at
the Indemnifying Party’s expense and in all reasonable
respects, in connection with the defense of any such action. The
Indemnifying Party shall conduct all proceedings or negotiations in
connection therewith, assume the defense thereof, and all other
required steps or proceedings to settle or
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SEPARATELY FILED THE OMITTED PORTIONS OF THE DOCUMENT WITH THE
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defend
any such action, including the employment of counsel and payment of
all expenses; provided, however, the Indemnified Party shall have
the right to employ separate counsel and jointly participate in the
defense at the Indemnified Party’s sole expense. The
Indemnifying Party shall not enter into any settlement that
obligates the Indemnified Party to take any action or incur any
expense without such Indemnified Party’s prior written
consent, which consent shall not be unreasonably withheld or
delayed.
19.
INSURANCE
19.1
SLG shall secure
and maintain, at its sole cost and expense, in connection with its
obligations hereunder and operation of the Game League, all
customary and necessary insurance policies, including comprehensive
general liability insurance with limits of not less than One
Million USD ($1,000,000) per occurrence / Two Million USD
($2,000,000) in the aggregate, employer’s liability insurance
in a minimum amount of One Million USD ($1,000,000) per occurrence,
automobile liability insurance in a minimum amount of One Million
USD ($1,000,000) per occurrence, statutory worker’s
compensation insurance and professional liability or cyber
liability insurance (which shall include errors and omissions,
media liability, privacy and network security insurance) with
limits of not less than Two Million USD ($2,000,000) per occurrence
/ Two Million USD ($2,000,000) in the aggregate, which policies
shall list Mojang as an additional insured (collectively, the
“Insurance”).
SLG shall deliver to Mojang a certificate evidencing the Insurance
required by this section. SLG shall use an Insurance provider with
an AM BEST ratings of at least A-VII.
20.
LIMITATION
OF LIABILITY; DISCLAIMER
20.1
TO THE MAXIMUM
EXTENT PERMITTED BY APPLICABLE LAW, UNDER NO CIRCUMSTANCES SHALL
MOJANG OR ITS AFFILIATES BE LIABLE TO SLG FOR (1) ANY CLAIMS OR
DAMAGES UNDER THIS AGREEMENT REGARDLESS OF THEORY OF LIABILITY,
WHETHER BASED UPON PRINCIPLES OF CONTRACT, WARRANTY, NEGLIGENCE OR
OTHER TORT, BREACH OF ANY STATUTORY DUTY, PRINCIPLES OF INDEMNITY,
THE FAILURE OF ANY LIMITED REMEDY TO ACHIEVE ITS ESSENTIAL PURPOSE
OR OTHERWISE, OR (2) FOR ANY SPECIAL, CONSEQUENTIAL, RELIANCE,
INDIRECT, INCIDENTAL, PUNITIVE OR EXEMPLARY DAMAGES, WHETHER
FORESEEABLE OR NOT, INCLUDING LOST PROFITS, REVENUE OR GOODWILL. IN
NO EVENT SHALL MOJANG’S LIABILITY TO SLG ARISING OUT OF OR IN
CONNECTION WITH THIS AGREEMENT EXCEED THE TOTAL AMOUNTS PAID BY SLG
TO MOJANG HEREUNDER.
20.2
TO THE MAXIMUM
EXTENT PERMITTED BY APPLICABLE LAW, MOJANG DISCLAIMS ANY AND ALL
REPRESENTATIONS AND WARRANTIES, EXPRESS, IMPLIED OR STATUTORY WITH
RESPECT TO THE LICENSE, THE LICENSED ACTIVITES, AND THE MINECRAFT
IP,
***** SUPER LEAGUE GAMING, INC. HAS REQUESTED THAT THE OMITTED
PORTIONS OF THIS DOCUMENT, WHICH ARE INDICATED BY [*****], BE
AFFORDED CONFIDENTIAL TREATMENT. SUPER LEAGUE GAMING, INC. HAS
SEPARATELY FILED THE OMITTED PORTIONS OF THE DOCUMENT WITH THE
SECURITIES AND EXCHANGE COMMISSION.
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INCLUDING WITH
RESPECT TO VALIDITY, NONINFRINGEMENT, MERCHANTABILITY AND FITNESS
FOR ANY PARTICULAR PURPOSE.
21.
DISPUTE
RESOLUTION
21.1
Governing Law; Venue. This
Agreement shall be interpreted and controlled first in accordance
with the federal laws of the United States to the extent federal
subject matter jurisdiction exists and second in accordance with
the laws of the State of Washington without regard to its conflict
of law rules. With respect to all civil actions or other legal or
equitable proceedings directly arising between the Parties under
this Agreement, the Parties consent to exclusive jurisdiction and
venue in the United States District Court for the Western District
of Washington (the “Forum”), unless no federal
jurisdiction exists, in which case the Parties consent to exclusive
jurisdiction and venue in the Washington state courts (the
“Alternate
Forum”). Each Party irrevocably consents to personal
jurisdiction and waives the defense of forum non conveniens in the
Forum, or Alternate Forum as applicable. Process may be served on
the Parties in the manner authorized by applicable law or court
rule.
21.2
Injunctive Relief. SLG agrees
that in the event of any breach or alleged breach by SLG of any
covenant or agreement in this Agreement, Mojang would encounter
extreme difficulty in attempting to prove the actual amount of
damages suffered by it as a result of such breach and may not have
adequate remedy at law in such event. SLG therefore agrees that, in
addition to any other remedy available at law or in equity, in the
event of such breach, Mojang shall be entitled to seek and receive
specific performance and temporary, preliminary and permanent
injunctive relief from violation of any of said covenants and
agreements without the requirement of proving the amount of any
actual damage to Mojang resulting or expected from such
breach.
21.3
Attorney Fees. In any action
arising out of or related to this Agreement, the prevailing Party
shall be entitled to recover its costs and attorney fees reasonably
incurred in connection with the dispute.
22.
MISCELLANEOUS
22.1
Assignment. SLG may not assign
this Agreement, in whole or in part, by operation of law or
otherwise, without the prior written consent of Mojang, which may
be withheld in Mojang’s sole discretion. Mojang may assign
this Agreement to an affiliate of Mojang upon notice to
SLG.
22.2
Notices. All notices or other
communications required or permitted hereunder shall be in writing
and shall be deemed to have been duly given (a) on the date
delivered in person or by courier, (b) on the date a Party responds
via e-mail that it has received the other Party’s notice via
e-mail, (c) on the date indicated on the return receipt if mailed
postage prepaid, by certified or registered U.S. Mail, with return
receipt requested; or (d) if sent or mailed by Federal Express (or
other
***** SUPER LEAGUE GAMING, INC. HAS REQUESTED THAT THE OMITTED
PORTIONS OF THIS DOCUMENT, WHICH ARE INDICATED BY [*****], BE
AFFORDED CONFIDENTIAL TREATMENT. SUPER LEAGUE GAMING, INC. HAS
SEPARATELY FILED THE OMITTED PORTIONS OF THE DOCUMENT WITH THE
SECURITIES AND EXCHANGE COMMISSION.
-14-
nationally
recognized) overnight delivery service, then as of the next
business day. In each case, such notices and other communications
shall be sent to a Party at the following addresses:
If to
SLG:
Super
League Gaming, Inc. 0000 Xxxxxxxx Xxx
Xxxxx
Xxxxxx, XX 00000 Attn: Xxx Xxxx, CEO
Email:
xxx@xxxxxxxxxxx.xxx If to Mojang:
Mojang
AB
Xxxxx
Xxxxxxxx 00 XX XX-000 00, Xxxxxxxxx, Xxxxxx Attn: Jonas
Martennson
Email:
xxxxx@xxxxxx.xxx
With a
copy to: Microsoft Corporation Xxx Xxxxxxxxx Xxx Xxxxxxx, XX 00000
Attn: Xxxxxx Xxxxx
Email:
xxxxxxx@xxxxxxxxx.xxx
22.3
Severability. If any provision
of this Agreement is or becomes or is deemed invalid, illegal or
unenforceable in any jurisdiction, such provision shall be deemed
amended to conform to the applicable laws of such jurisdiction so
as to be valid and enforceable only if it can be so amended without
materially altering the intention of the Parties. If the intent of
the Parties cannot be preserved, or if Section 4.2 or Section 20,
in whole or in part, are found to be unenforceable, this Agreement
shall terminate and become be null and void.
22.4
Waiver. Waiver by either of the
Parties of any breach of any provision of this Agreement shall not
operate or be construed as a waiver of any prior or subsequent
breach of the same or any other provision hereof.
22.5
Entire Agreement. This
Agreement (including all exhibits attached hereto, which are
incorporated herein by reference) constitutes the entire agreement
between the Parties with respect to the subject matter hereto and
all prior agreements and negotiations are merged herein. This
Agreement may not be changed, modified, amended or supplemented,
except in writing signed by both Parties.
22.6
Interpretation. The headings
contained herein are for convenience and reference only, do not
form a substantive part of this Agreement and in no way
modify,
***** SUPER LEAGUE GAMING, INC. HAS REQUESTED THAT THE OMITTED
PORTIONS OF THIS DOCUMENT, WHICH ARE INDICATED BY [*****], BE
AFFORDED CONFIDENTIAL TREATMENT. SUPER LEAGUE GAMING, INC. HAS
SEPARATELY FILED THE OMITTED PORTIONS OF THE DOCUMENT WITH THE
SECURITIES AND EXCHANGE COMMISSION.
-15-
interpret or
construe the intentions of the Parties. No provision of this
Agreement shall be interpreted for or against any Party because
that Party or its legal representative drafted such provision. The
words “including” and/or “include” shall be
interpreted without limitation when used in this Agreement. If this
Agreement is translated into any language other than English, the
English language version of this Agreement shall prevail. A
reference to a statute or statutory provision herein is a reference
to such statute or statutory provision as amended, extended or
re-enacted from time to time.
22.7
Counterparts. This Agreement
may be executed in multiple counterparts, each of which shall be
deemed to be an original, and all such counterparts shall
constitute one instrument. Authorized signatures transmitted by
facsimile, email or electronic scan shall be
effective.
22.8
Not Effective Until Execution.
This Agreement shall have no force or effect, and nothing in this
Agreement shall be binding upon Mojang and SLG, unless and until
such time, if any, as this Agreement has been executed by an
authorized signatory of Mojang and SLG, respectively.
22.9
Relationship. This Agreement
does not create any worker or employer-employee relationship,
partnership, joint venture, franchise or agency relationship
between Mojang and SLG. Neither party nor any of its
representatives may make any statement, representation, warranty or
promise to the contrary or on behalf of the other
party.
IN WITNESS WHEREOF, the Parties have
executed and delivered this Agreement as of the Effective
Date.
MOJANG
AB
/s/
Xxxxx Xxxxxxxxxx
Signature
Xxxxx
Xxxxxxxxxx
Print
Name
Managing
Director
Title
|
SUPER
LEAGUE GAMING, INC.
/s/ Xxx
Xxxx
Signature
Xxx
Xxxx
Print
Name
CEO
Title
|
***** SUPER LEAGUE GAMING, INC. HAS REQUESTED THAT THE OMITTED
PORTIONS OF THIS DOCUMENT, WHICH ARE INDICATED BY [*****], BE
AFFORDED CONFIDENTIAL TREATMENT. SUPER LEAGUE GAMING, INC. HAS
SEPARATELY FILED THE OMITTED PORTIONS OF THE DOCUMENT WITH THE
SECURITIES AND EXCHANGE COMMISSION.
-16-
EXHIBIT A
Minecraft Marks
1.
MINECRAFT
2.
***** SUPER LEAGUE GAMING, INC. HAS REQUESTED THAT THE OMITTED
PORTIONS OF THIS DOCUMENT, WHICH ARE INDICATED BY [*****], BE
AFFORDED CONFIDENTIAL TREATMENT. SUPER LEAGUE GAMING, INC. HAS
SEPARATELY FILED THE OMITTED PORTIONS OF THE DOCUMENT WITH THE
SECURITIES AND EXCHANGE COMMISSION.
-17-