Agreement to Undertake Testing With Option to Licence Sample Contracts

Agreement to Undertake Testing with Option to Licence
Agreement to Undertake Testing With Option to Licence • July 13th, 2010

PROVIDER OF CONFIDENTIAL INFORMATION TECECO PTY LTD (ACN 090 097 591)of 497 Main Road, Glenorchy, Tasmania 7010 (“TecEco”) LICENSEE OF CONFIDENTIAL INFORMATION ???? (“the Licensee”) ???? of ???? ???? ???? ???? ???? ???? RECITALS A. TecEco carries on the business of licensing its confidential information and consulting in relation to hydraulic and geopolymeric binders, magnesium cements, composites, specialised manufacturing formulas, processes and technologies. B. The Licensee carries on the manufacture of products for the building industry. C. The Licensee wishes to: a. Engage the consulting services of TecEco. b. Evaluate and determine the applicability of TecEco’s Confidential information to its products, and c. at its option licence TecEco’s Confidential Information. D. TecEco has agreed under certain conditions to: a. Provide the Licensee Confidential information to allow it to undertake a testing program. b. Consult to the Licensee to assist it to develop specific formulations an

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