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EXHIBIT 10.21
CROSS-LICENSE AGREEMENT
This Cross-License Agreement (the "Agreement") is made and entered into
as of July 24, 1995, between Simplex Solutions, Inc. ("Simplex"), a California
corporation with principal offices at 0000 X. Xxxxx Xxxxxx, Xxxxx 000, Xxx Xxxx,
XX 00000 ("Simplex"), and Xxxxx Xxxxxx, an individual with a principal address
at 00 Xxxxx Xxxxxx, Xxxxxx Xxxxxx, XX 00000 ("Xxxxxx").
RECITAL
A. The parties wish to enter into a cross-license arrangement pursuant
to which each party will grant to the other party certain rights with respect to
proprietary technologies of the granting party.
NOW THEREFORE, the parties agree as follows:
1. Definitions.
(a) "Documentation" shall mean the documentation and supporting
materials in hard copy form relating to a party's Licensed Technology hereunder.
(b) "Source Code" means the human readable embodiment of a
product's computer code, which implements specific algorithms from which the
product is derived, whether such embodiment is fixed on paper or magnetic
medium, in electronic impulses, or any other medium of expression from which it
can be perceived, copied, or communicated.
(c) "Object Code" means the computer executable embodiment of a
product's computer code, which is derived from the Source Code by a process
normally referred to as compilation or any other process that translates the
Source Code or some intermediate code derived from the Source Code into a form
that can be understood and acted upon by a computer, regardless of the medium in
which such code is fixed or embodied.
(d) "Simplex Programs" shall mean the commercially released
versions of Simplex's [*] software programs.
(e) "Xxxxxx Code" shall mean the proprietary Source Code modules
identified on Exhibit A attached hereto.
(f) "Simplex Licensed Technology" shall mean the Simplex Programs
and their associated Documentation.
(g) "Xxxxxx Licensed Technology" shall mean the Xxxxxx Code and
its associated Documentation, as each exists on the date of this Agreement.
*Certain information on this page has been omitted and filed separately with
the Commission. Confidential treatment has been requested with respect to the
omitted portions.
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2. License Grants.
(a) Simplex License Grants. Simplex hereby grants to Xxxxxx under
Simplex's intellectual property rights in the Simplex Licensed Technology, and
Xxxxxx accepts, a worldwide, nonexclusive, perpetual, fully paid-up license to
use the Simplex Software.
(b) Xxxxxx License Grants. Xxxxxx hereby grants to Simplex under
Terman's intellectual property rights in the Xxxxxx Licensed Technology, and
Simplex accepts, a worldwide, nonexclusive, perpetual, fully paid-up license,
with right of sublicense, to use, modify, reproduce, sell or otherwise
distribute the Xxxxxx Licensed Technology, and to prepare, use, reproduce, sell
or otherwise directly or indirectly distribute derivative works based thereon.
(c) License Restrictions. Neither party will use, modify, adapt,
prepare derivative works of, reproduce, disclose, distribute or sublicense the
other party's Licensed Technology in any circumstances or manner except as
expressly authorized herein or as expressly agreed to in writing by the
licensing party.
3. Proprietary Notices. All copyright or trademark notices placed on a
party's Licensed Technology by the licensing party must be reproduced and
included with any copy of any portion of such Licensed Technology.
4. Technology Transfer. Upon execution of this Agreement, Xxxxxx shall
deliver to Simplex one complete copy of the Xxxxxx Licensed Technology. Within
thirty (30) days after the first commercial sale of a Simplex Program, Simplex
shall deliver to Xxxxxx one complete copy of the Simplex Licensed Technology
associated with such commercially released Simplex Program. Xxxxxx shall deliver
the Xxxxxx Licensed Technology via internet wire transfer.
5. Ownership and Future Provisions.
(a) Ownership Representation. Each party hereto represents and
warrants, and the other party hereby acknowledges, that it has sufficient right,
title and interest in and to the technology ostensibly being licensed by it to
the other party hereunder to give full force and effect to the license grants
set forth in Section 2 above.
(b) Ownership Covenant. Subject to the licenses granted to
Xxxxxx herein, the Simplex Licensed Technology and all intellectual property
rights associated therewith are and shall remain the exclusive property of
Simplex. As between the parties hereto and subject to the licenses granted to
Simplex herein, the Xxxxxx Licensed Technology and all intellectual property
rights associated therewith are and shall remain the exclusive property of
Xxxxxx and Simplex shall own all rights, title and interest in all improvements
of, modifications to or derivative works based on the Xxxxxx Licensed Technology
made by or for Simplex.
(c) Upgrades and Updates. Simplex and Xxxxxx may in their
discretion provide limited enhancements of their respective Licensed Technology
to each other during the term of this Agreement, but no obligation to do so
shall be created hereunder. The parties acknowledge and agree that Xxxxxx and
Simplex have entered into or are contemplating entering
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into a consulting arrangement whereby Xxxxxx would provide certain programming
services to Simplex in connection with the Xxxxxx Licensed Technology.
6. Support Obligations. Each party's Licensed Technology is provided "AS
IS" with reasonable maintenance or support services available.
7. Term and Termination.
(a) Term. This Agreement and the licenses granted herein shall be
effective from the date of this Agreement and shall continue in perpetuity,
unless earlier terminated pursuant to the mutual written consent of the parties
or otherwise in accordance with the terms of this Section 7.
(b) Termination for Breach. Notwithstanding the terms of
subsection (a) above, this Agreement may be terminated by one party if the other
party materially fails to perform or comply with this Agreement or any provision
hereof. Termination shall be effective thirty (30) days after delivery of notice
of termination to the defaulting party if the default(s) have not been cured
within such thirty (30) day period.
(c) Survival and Return of Materials.
(i) General. The rights and obligations of the parties
contained in Section 5(b) (Ownership Covenant), Section 8 (Confidentiality),
Section 10 (Disclaimer of Warranties) and Section 11 (Limitation of Liability)
shall survive the termination of this Agreement.
(ii) Return. Upon the termination of this Agreement, each
party shall return to the other party or destroy, at such other party's sole
discretion, all copies of the other party's Licensed Technology.
8. Confidentiality.
(a) Obligation of Confidentiality. Each party represents and
covenants, unless otherwise agreed to by the other party in writing, that it
will, for a period of [*] years after receipt of confidential information, keep
confidential and will not divulge or publish to any other person or entity, or
use for its own benefit any technical, marketing or other business information
of the other party acquired by it in the course of its performance of this
Agreement except as is necessary in the performance of or expressly permitted by
this Agreement, provided that the disclosing party has designated in writing or
reduced oral disclosure to writing within thirty (30) days of oral disclosure to
the receiving party that such information constitutes confidential proprietary
information or a trade secret of the disclosing party. The information protected
by this section shall in all cases include but not be limited to the Licensed
Technology made available by one party by the other party hereto.
(b) Exclusions to Confidentiality. This Section shall impose no
obligation upon the receiving party with respect to any proprietary information
which (i) is now or which
*Certain information on this page has been omitted and filed separately with
the Commission. Confidential treatment has been requested with respect to the
omitted portions.
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subsequently becomes generally known or available by publication, general use,
or otherwise; (ii) was known by the receiving party prior to the time of
disclosure as showed by the receiving party's files and records immediately
prior to the time of disclosure; (iii) is furnished by the disclosing party to
third parties without restriction on disclosure; (iv) is subsequently rightfully
furnished to the receiving party by a third party without restriction on
disclosure; or (v) is independently developed by the receiving party as
demonstrated by such party's files and records created contemporaneously with
such developments, provided that the person or persons developing same have not
had access to the proprietary information.
(c) Return of Confidential Information. Each party agrees to
return or destroy any and all confidential information to the disclosing party
upon the disclosing party's request. However, the disclosing party acknowledges
and understands that upon such return or destruction the receiving party is
relieved from fulfilling those, and only those, obligations that required the
use of the returned confidential information. Information marked with
"returnable" shall not be destroyed.
9. Indemnification.
(a) Intellectual Property Indemnity. Each party hereto represents
that it has the sufficient right, title and interest in its Licensed Technology
to enter into this Agreement and to grant the license rights as stated in
Section 2 above. Each party (the "Indemnifying Party") agrees, at its own
expense, to defend the other party (the "Indemnified Party") and hold the
Indemnified Party harmless against any suit, claim, or proceeding brought
against the Indemnified Party alleging that any use, distribution or any other
exercise of the rights of the Indemnified Party or its customers of the
Indemnifying Party's Licensed Technology infringes any copyright or trademark or
any trade secrets of any third parties, provided that the Indemnified Party (i)
promptly notifies the Indemnifying Party in writing of any such suit, claim or
proceeding; (ii) allows the Indemnifying Party to defend, settle or otherwise
dispose of such suit or proceeding and, at its expense, to direct the defense of
such suit, claim, or proceeding; (iii) gives the Indemnifying Party sole
authority, full information and assistance necessary to defend such suit, claim,
or proceeding; and, (iv) does not enter into any settlement of any such suit,
claim or proceeding without the Indemnifying Party's written consent. This
obligation will not cover (A) any claim that any of the Indemnifying Party's
Licensed Technology infringes any third party's rights as used solely in
combination with products or technology not supplied by Indemnifying Party, if
that claim could have been avoided by the use of the Product in combination with
such other products or technology; (B) any claim that arises out of the use of
software, hardware or other technology supplied by the Indemnified Party or its
representatives, sublicensees or resellers.
(b) Remedies. Following written notice of a suit, claim or
proceeding or a threat of suit, claim or proceeding requiring said
indemnification, or in the event the Indemnifying Party desires to minimize its
liabilities hereunder, the Indemnifying Party shall have the right, at its sole
discretion, to either (i) substitute a full equivalent, noninfringing
technology; (ii) modify the infringing technology so that it no longer infringes
but remains functionally equivalent; or (iii) obtain for the Indemnified Party
at the Indemnifying Party's
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expense the right to continue the use of such technology. THE FOREGOING STATES
THE ENTIRE LIABILITY OF EACH PARTY FOR PATENT, COPYRIGHT OR PROPRIETARY RIGHTS
INFRINGEMENT.
(c) General Indemnity. The Indemnifying Party agrees to indemnify
and hold harmless the Indemnified Party from any claims, suits, or proceedings
including without limitation the payment of the Indemnified Party's reasonable
attorney's fees incurred in connection therewith, made or brought against the
Indemnified Party as a result of the negligence, misrepresentation, misconduct
or error or omission on the part of the Indemnifying Party or its
representatives, sublicensees or resellers.
10. Disclaimer of Warranties. OTHER THAN AS EXPRESSLY SET FORTH ABOVE,
EACH PARTY IS PROVIDING ITS LICENSED TECHNOLOGY "AS IS" AND WITHOUT ANY
WARRANTY. EACH PARTY HEREBY DISCLAIMS ALL WARRANTIES WITH RESPECT TO ITS
LICENSED TECHNOLOGY, WHETHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO
ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.
11. Limitation of Liability. IN NO EVENT SHALL EITHER PARTY BE LIABLE
FOR ANY INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES IN CONNECTION
WITH OR ARISING OUT OF ITS PERFORMANCE OR FAILURE TO PERFORM PURSUANT TO THIS
AGREEMENT EVEN IF INFORMED OF THE POSSIBILITY THEREOF IN ADVANCE. Both parties
release the other from all obligation, liability, claims or demands in excess of
the limitations provided in this Section 11.
12. U.S. Government Restricted Rights. Each party's Licensed Technology
is being provided to the other party with RESTRICTED RIGHTS. Use, duplication or
disclosure by the Government is subject to restrictions as set forth in
(c)(1)(ii) of The Rights in Technical Data and Computer Software clause at DFARS
252.227-7013 or subparagraphs (c)(1) and (2) of the Commercial Computer
Software--Restricted Rights at 48 CFR 52.227-19, as applicable.
Contractor/manufacturer in the case of the Simplex Licensed Technology is
Simplex Solutions, Inc., 0000 X. Xxxxx Xxxxxx, Xxxxx 000, Xxx Xxxx, XX 00000,
and in the case of the Xxxxxx Licensed Technology is Xxxxx Xxxxxx, 00 Xxxxx
Xxxxxx, Xxxxxx Xxxxxx, XX 00000.
13. Notices. All notices shall be sent to the address set forth in the
introductory paragraph to this Agreement, or to such other address as one party
notifies the other of in writing. All notices required under this Agreement
shall be deemed given when sent by fax with subsequent confirmation, or mailed
by certified mail, return receipt, postage prepaid; or courier service or
equivalent.
14. General Provisions.
(a) Severability. If any term or provision of the Agreement shall
be found to be illegal or unenforceable therein, this Agreement shall remain in
full force and effect and such term or provision shall be deemed stricken and
the parties will endeavor to substitute similar language that is as consistent
as possible with the original intent.
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(b) Governing Law. This Agreement shall be governed by and
construed in accordance with the laws of the State of California, without regard
to that body of law controlling conflicts of law.
(c) Entire Agreement: Amendment. This Agreement, including
Exhibit A attached hereto, which is hereby incorporated by reference, represents
the entire Agreement between the parties relating to it subject matter and
supersedes all prior representations, discussions, negotiations and agreements,
whether written or oral. No amendment to this Agreement shall be effective
unless it is in writing, dated subsequent hereto, refers explicitly to this
Agreement and is duly executed.
(d) Waiver. No waiver will be implied from a party's conduct or
failure to enforce its rights thereunder. No waiver will be effective unless in
writing signed on behalf of the party against whom the waiver is asserted.
(e) Relationship of the Parties. The parties to this Agreement
are independent contractors. There is no relationship of agency, partnership,
joint venture, employment or franchise between the parties. Neither party has
the ability to bind the other or to incur any obligation on its behalf.
(f) Counterparts. This Agreement may be executed in counterparts,
each of which shall be deemed an original and all of which together shall
constitute one instrument.
(g) Injunctive Relief. Since unauthorized use or transfer of a
party's Licensed Technology and any information contained therein will diminish
substantially the value to Simplex or Xxxxxx of their respective trade secrets
and other proprietary rights that are the subject of this Agreement, each party
shall, if the other party breaches any of its obligations with respect to
limited use or confidentiality of the Licensed Technology, be entitled to obtain
equitable relief in addition to money damages to protect its interests therein,
including but not limited to injunctive relief. Each party's rights and remedies
as set forth in this Agreement are not exclusive, and are in addition to any
other rights and remedies provided by law.
IN WITNESS WHEREOF, the parties have executed this Cross-License
Agreement as of the date first written above.
SIMPLEX SOLUTIONS, INC. XXXXX XXXXXX
By: [SIGNATURE] By: /s/ XXXXX XXXXXX
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Title: Vice President
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EXHIBIT A
[*]
*Certain information on this page has been omitted and filed separately with
the Commission. Confidential treatment has been requested with respect to the
omitted portions.
