REPLACEMENT PATENT LICENSE AGREEMENTReplacement Patent License Agreement • April 15th, 2009 • GPS Industries, Inc. • Communications equipment, nec • Delaware
Contract Type FiledApril 15th, 2009 Company Industry JurisdictionThis Replacement License Agreement ("Agreement") is entered into as of the 31st day of December, 2008 (the "Effective Date"), by GPS Industries, Inc., a Nevada corporation having its principal place of business in Sarasota, Florida ("GPSI"), Optimal Golf Solutions, Inc. (“OGSI”), a wholly-owned subsidiary of GPSI and Optimal I.P. Holdings, L.P., a Texas limited partnership having its principal place of business at 8017 Davis Mountain Pass, Austin, Texas 78720 ("Optimal").