FORM OF] INDEMNIFICATION AGREEMENTIndemnification Agreement • October 1st, 2010 • Parametric Sound Corp • Communications equipment, nec • Nevada
THIS INDEMNIFICATION AGREEMENT (this “Agreement”) is made this 27th day of September, 2010, between Parametric Sound Corporation, a Nevada corporation (the “Company”), and ____________________, an individual (“Indemnitee”).
SEPARATION AND DISTRIBUTION AGREEMENTSeparation and Distribution Agreement • October 1st, 2010 • Parametric Sound Corp • Communications equipment, nec • Delaware
THIS SEPARATION AND DISTRIBUTION AGREEMENT (the “Agreement”), dated as of September 27, 2010, is entered into by and between LRAD Corporation, a Delaware corporation (“LRAD”), and Parametric Sound Corporation, a Nevada corporation (“Parametric”) (each, a “Party,” and collectively, the “Parties”).
TAX SHARING AGREEMENTTax Sharing Agreement • October 1st, 2010 • Parametric Sound Corp • Communications equipment, nec • Delaware
This Tax Sharing Agreement (this “Agreement”) is entered into as of September 27, 2010 between LRAD Corporation, a Delaware corporation (“LRAD”), and Parametric Sound Corporation, a Nevada corporation and wholly owned subsidiary of LRAD (“Parametric Sound,” and together with LRAD, the “Parties”). Capitalized terms used in this Agreement and not otherwise defined herein shall have the meanings ascribed to such terms in the Separation and Distribution Agreement, dated as of the date hereof, by and between LRAD and Parametric Sound (the “Separation Agreement”).
ASSIGNMENT AND ASSUMPTION OF LEASEAssignment and Assumption of Lease • October 1st, 2010 • Parametric Sound Corp • Communications equipment, nec
For good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, Syzygy Licensing LLC, a Nevada limited liability company (“Syzygy”), does hereby assign, grant, bargain, sell, convey and transfer to Parametric Sound Corporation, a Nevada corporation (“Parametric”), all of Syzygy’s right, title and interest as lessee in and to that certain lease dated as of July 1, 2010 by and between Davric Corporation, as lessor, and Syzygy, as lessee, together with all amendments thereto (the “Lease”) respecting those certain premises commonly known as 1941 Ramrod #100, Henderson, Nevada 89014, and Parametric does hereby agree to assume and make all payments which become due from, and to perform all covenants and conditions which are to be performed by, Syzygy pursuant to the Lease from and after the date hereof.
SYZYGY LICENSING LLC – PARAMETRIC SOUND CORPORATION LICENSE AND ROYALTY AGREEMENTLicense and Royalty Agreement • October 1st, 2010 • Parametric Sound Corp • Communications equipment, nec • Nevada
THIS LICENSE AND ROYALTY AGREEMENT (“Agreement”) is made on the day and year first written below by and between Syzygy Licensing, LLC, a Nevada limited liability company having an address of 8617 Canyon View Drive, Las Vegas, Nevada 89117 (“Licensor”) and Parametric Sound Corporation, a Nevada corporation having a business address of 1941 Ramrod Avenue, Suite 100, Henderson, Nevada 89014 (“Licensee”). Licensor and Licensee are sometimes collectively referred to herein as “the Parties.”
LEASE AGREEMENTLease Agreement • October 1st, 2010 • Parametric Sound Corp • Communications equipment, nec
THIS AGREEMENT OF LEASE made and entered into this, 1st day of July, 2010 by and between DAVRIC CORPORATION, a Nevada Corporation, hereinafter referred to as “Lessor” and Syzygy Licensing LLC, hereinafter referred to as “Lessee”.
