Intellectual Property License and Royalty Agreement Sample Contracts

INTELLECTUAL PROPERTY LICENSE AND ROYALTY AGREEMENT
Intellectual Property License and Royalty Agreement • December 22nd, 2017 • British Columbia

This Intellectual Property License and Royalty Agreement (“Agreement”) is entered into as of November 15, 2017 (“Effective Date”) by and between Lifestyle Delivery Systems Inc., a British Columbia corporation (“LDS”), and TransCanna Holdings Inc., a British Columbia corporation (“LICENSEE”) (each a “Party” and collectively, the “Parties”), with respect to the following facts:

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