SONY COMPUTER ENTERTAINMENT AMERICA INC. LATIN AMERICA RIDER TO THE GLOBAL PLAYSTATION3 FORMAT LICENSED PUBLISHER AGREEMENT
Exhibit 10.24
SONY COMPUTER ENTERTAINMENT AMERICA INC.
LATIN AMERICA RIDER TO THE
GLOBAL PLAYSTATION3 FORMAT LICENSED PUBLISHER AGREEMENT
This Latin America Rider to the Global PlayStation®3 Format Licensed Publisher Agreement (the “Rider”) is entered into by THQ, Inc. (“Publisher”) and Sony Computer Entertainment America Inc. (“SCEA”) and rendered effective as of this 12th day of December, 2008 (the “Effective Date”).
1. Incorporation
The Rider’s terms and conditions are incorporated into and read in conjunction with the terms and conditions of the Global PlayStation 3 Format Licensed Publisher’s Agreement Signed by Publisher (“PS3 LPA”) along with any and all other riders to the PS3 GLPA executed between Publisher and SCEA.
2. Definitions
All capitalized words and phrases referenced in the Rider that are not expressly defined herein shall have the meanings set forth in the Definitions section of the PS3 LPA.
3. Territory
A. Pursuant to this Rider, the Territory for the PS3 LPA shall now consist of the following geographic areas:
(1) North America (including all territories and possessions of the United States);
(2) Central America; and
(3) South America.
B. SCEA can modify and amend the Territory from time and time during the Term by providing written notice of any such changes to Publisher. In the event that a specific country is deleted from the Territory, SCEA shall deliver to Publisher a written notice stating the number of days within which Publisher must cease distributing Licensed Products and must retrieve any Development Tools located in that deleted country.
C. Publisher shall not, directly or indirectly, solicit orders for or sell any Units of Disc Products in any situation where Publisher knows or reasonably should know that any of such Disc Products may be exported or resold outside of the Territory.
4. Payment Logistics
All payments to be made to SCEA pursuant to the terms and conditions of the PS3 LPA and any rider shall be made to SCEA either: 1) directly from Publisher in the event that Publisher is domiciled in the United States, or 2) indirectly from a United States-domiciled affiliate, associate, branch office, or subsidiary of Publisher (“Designee”) in the event that Publisher is domiciled in a location in the Territory other that the United States. It is the sole responsibility and cost of the Publisher to establish its Designee.
5. Governing Law
This Rider shall be governed by and interpreted in accordance with the laws of the State of California, excluding that body of law related to choice of laws, and of the United States of America.
6. Conflict Resolution
In the event that any of the terms and conditions of this Rider shall conflict with any terms and conditions of the PS3 LPA or any other rider previously entered into by the parties, the terms of this Rider shall prevail.
ACCEPTED AND AGREED:
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Sony Computer Entertainment America Inc. |
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THQ, Inc. |
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