Hyundai Trademark License Agreement HYUNDAI CORPORATION 226, 1GA, SINMUNNO, JONGNO-GU, SEOUL, 110-793, KOREA TEL: 82-2-3901464 FAX:82-2-390-1051 http://www.hyundaicorp.com TRADEMARK LICENSE AGREEMENT
Hyundai Trademark License Agreement
HYUNDAI CORPORATION
226, 1GA, SINMUNNO, XXXXXX-XX, XXXXX, 000-000, XXXXX
TEL: 00-0-0000000 FAX:00-0-000-0000 xxxx://xxx.xxxxxxxxxxx.xxx
TRADEMARK LICENSE AGREEMENT
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CONTRACT NO: NB2-LA 110502-JS0 I
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DATE: 02 MAY 20l1
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THIS TRADEMARK LICENSEE AGREEMENT (“Agteement”) is made by and between
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1.
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Hyundai Corporation, a company duly incorporated and existing under the laws of Korea and having its principal place of business at 000, xXX, Xxxxxxxx, Xxxxxx-Xx, Xxxxx, Xxxxx (“Licensor”); and
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2.
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SGreenTech Holdings Limited, a Company duly incorporated and existing under the laws of Hong Kong and having its principal place of business at Room 01,13,F, Xxxx Xxx industrial Xxxxxxxx 00 Xxxx Xx Xxxx, Xxxx Xxxx, Xxxxxxx, Xxxx Xxxx (“Licensee”).
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The Parties hereby agree that the Licensor appoints the Licensee as its licensee and grants the Licensee the trademark license as follows:
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Licensed Trademarks
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[As set forth in the Annex 1 hereof.]
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Licensed Products
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[As underlined among the Products listed in the Annex 2 hereof.]
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Territory
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[People’s Republic of Xxxxx]
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Xxxx
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0xx Xxxx: May 2, 201l to May 01, 0000
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0xx Xxxx: May 2, 2012 to May 01, 0000
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0xx Xxxx: May 2, 2013 to May 01, 2014
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One time Royalty Without Minimum
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1st year: USD450,000 (USD Four hundred & fifty thousand)
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Sales Quantities
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2nd year: USD450,000 (USD Four hundred & fifty thousand)
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3nd year: USD450,000 (USD Four hundred & fifty thousand)
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The terms and conditions on the next pages shall form part of this Agreement. If the terms and conditions on next pages contradict the terms and conditions contained on this cover page and the attached pages of the Annexes of this Agreement, then the latter shall prevail.
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HYUNDAI CORPORATION
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SGreenTech Holdings Limited
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NAME: Xxxxxxx Xxxxx
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NAME: IN Nany Sing Charlie
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TITLE: General Manager
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TITLE: Executive Director
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