LICENSE AGREEMENT RELATING TO THE EXCLUSIVE RIGHT TO USE “SUINING SICHUAN ANGELIC” CERTIFIED TRADEMARK (ENGLISH TRANSLATION)License Agreement • August 14th, 2008 • China Health Resource, Inc. • Pharmaceutical preparations
Contract Type FiledAugust 14th, 2008 Company IndustryIn connection with the application of the “Suining Sichuan Angelic” Certified Trademark, the Suining City government has approved the applicant to be Suining Shi Yin Fa Bai Zhi Chan Ye You Xian Gong Si. However, the National Trademark Bureau has requested the applicant to be Sichuan Province Suining City DAR Association. Both parties are aware of the large amount of manpower and resources that the application process requires, the need to improve the production, management, and quality of “Suining Sichuan Angelic,” to protect and enhance the domestic and international reputation of “Suining Sichuan Angelic,” and to protect end-users and consumers’ legal right. As a result, for good and valuable consideration, the receipt of which is hereby acknowledged, both parties agree to share profit on a pro rata basis and further agree on the following terms: