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Intercompany license agreement templateIntellectual Property License Agreement • May 11th, 2021
Intellectual License Agreement of Intercompany Property - Immergence Corp. and MicroScribe LLC INTERCOMPANY PROPERTIES INTELLETTUAL LICENSE ACCORDO IMMERSION CORPORATION AND MICROSCRIBE, LLC This Intellectual Property License Agreement (the agreement) is between and between Immersion Corporation, a California company, with an office at 2158 Paragon RECITALS A. Licensor is the owner of some intellectual property rights related to 3D digitization. B. The parties want Licensor to grant a licence for immersion for MicroScribe technology under the Rights of MicroScribe Intellectual Property to allow the Immersion to produce, market and sell 3D digitization technology products, on the terms and conditions indicated below. The parties shall agree as follows. AGREEMENT 1. DEFINITIONS In this Agreement the following words and expressions have the following meanings: 1.1 AFFILIATES means any company or entity that is controlled by, controls or is under common control of a party. To this end, the
