LICENSING AND DISTRIBUTION AGREEMENTLicensing and Distribution Agreement • July 7th, 2024
Contract Type FiledJuly 7th, 2024RIGHTS GRANTED Subject to Licensee’s compliance with the terms and conditions of this Licensing and Distribution Agreement (this “Agreement”), Licensor grants to Licensee, and Licensee hereby accepts, a non-transferable, non-sublicensable, limited right and license, solely during the License Period, at all times subject to the content protection requirements set forth in Schedule C of this Agreement, (The “Content Protection Requirements”) and the Usage Rules set forth in Schedule U of this Agreement (the “Usage Rules”); to: (a) load each Program onto Approved Devices in the Licensed Language; (b) distribute Approved Devices containing such Programs solely to consumers who agree to the 4K Ultra High Definition Content Terms and Conditions in substantially the form and content set forth in the attached Exhibit B hereto [Note: this may need to be revised to incorporate the Usage Rules.] (“Eligible Consumers”); and (c) promote such Programs as being made available to Eligible Consumers in