USE OF EXISTING TRAINING CONTENT AGREEMENT
USE OF EXISTING TRAINING CONTENT AGREEMENT
This USE OF EXISTING TRAINING CONTENT AGREEMENT (this "Agreement") is made and entered into effective this 31st day of December 2010 by and between LANGUAGE KEY ASIA LTD., a Hong Kong Corporation, hereinafter referred to as (the "Company"), and THE LANGUAGE KEY LTD, a British Virgin Islands corporation and/or its successor company.
The Parties agree that, following the execution of this Agreement, THE LANGUAGE KEY LTD., (a BVI company) and/or its successor company would be granted a licensing right to use, rework, and/or publish certain existing training content, as solely identified in ‘EXHIBIT A – List of Course Content’ owned and held by The Language Key Training Ltd. (a Hong Kong company) and/or its successor company, for a term of eighty-eight (88) years as of the date set forth hereinbelow.
IN WITNESS WHEREOF, the parties hereto have placed their signatures hereon on the day and year first above written.
| WITNESSES: | SHAREHOLDERS | |
| LANGUAGE KEY ASIA LTD., | ||
| A Hong Kong Incorporated Corporation | ||
| Print Name: | ||
| /s/ Xxxx Xxxxxx | ||
| BY: Xxxx Xxxxxx | ||
| ITS: President and CEO | ||
| THE LANGUAGE KEY LTD., | ||
| A British Virgin Islands Corporation | ||
| Print Name: | ||
| /s/ Xxxx Xxxx | ||
| BY: Xxxx Xxxx, Individually |
Exhibit A – List of Course Content
See Attached.
