Max SoundCorporation2902aColoradoAvenueSantaMonica,CA90404
MAX-0 APIAUDIOPROCESSOR
License Agreement
HARDWARE, APICODE,PATENT,COPYRIGHT,TRADEMARK,TRADESECRETANDKNOW-HOW
AN AGREEMENTBYANDBETWEEN
MAX SOUNDCORPORATION
(hereinaftercalled"LICENSOR")of2902A ColoradoAvenue SantaMonica,CA90404
AND
SANTOK LTD.
(hereinafter called"LICENSEE")
of SantokHouse,UnitL,BraintreeIndustrialEstate,Ruislip,HA4 OEJUnited Kingdom
EmailaddressofLICENSORfortransmissionofmonthlyroyaltyreports(Section4.05):greg@.maxsound.comLICENSOR'Sbankand accountnumberforwiretransferofroyaltypayments(Section4.05):
Bank:
Bank Address:
BankTelephone:
Bank ofAmerica
3535 DelMarHeightsRoadSanDiego,CA92130
858-794-3440
Account Name: MaxSoundCorporation
AccountAddress:10685 BHazelhurst DriveHouston,TX77043 AccountNumber:2351376568
ABANumber: 026009593
Identificationofbankwithrespect towhoseprimerateinterestiscalculatedonoverdueroyalties(Section 4.06):Bank of America Address ofLICENSEEfor communicationsnototherwisespecified(Section8.04):
SIGNATURES:
| Onbehalfof: | LICE Chair |
| Signature: |
| Name: |
| Title: |
| Date: | |
| WitnessedbyName: | |
| Witnessed bySignature: |
TABLED-NREandLICENSEFEEANDPAYMENTSCHEDULE
a.LICENSEEwillpayLICENSORaRoyaltyFeeof$1.50USOforeachLICENSEDPRODUCTmanufacturedwith theMAX-D APIinstalled.
| 3. | ROYALTY FEEPAYMENTSCHEDULE: |
| a. | The total ROYALTYFEEowedisbaseduponthenumberofLICENSEPRODUCTactivationinagivenmonthand ispayable30 business days aftertheend ofthepriorMonth(aka Net 30 paymentperiod). |
| b. | Theroyaltytermswilltake affectonlyafterLicenseewill beabletoevaluateandapproveaworkingdeviceor accessory with Max-DAPI installed init, Licenseewill send a writtenapprovalthat statesweapprovetheperformance ofthe API and weare proceeding withthe royaltyterms. |
| c. | Notwithstanding tothe termsstatedabovein 3a,LICENSEE willguarantee toLICENSOR aminimum totalof 150,000 cumulativeLICENSED PRODUCT installations, with a minimum total guaranteed value of $225,000USO over the fivequartersof theAgreement_LicenseewillpayLicensorroyaltee fee for licenceproduct activatedin the quarters to be confirmed after approvalfrom the Licenseeand as per the payment terms stated on Clause 3a.After the end of the 5 quarters,if the totalroyalty paidis lessthan the guaranteed value,theLicensee willpay the difference. |
| d. | Should LICENSEEexceedthestatedquarterlyminimumwithinamonthorquarter,LICENSEEwill pay LICENSOR for thenumber ofLICENSED PRODUCT installations over theguaranteedminimum willbe responsible for payment of anyinstallations ofthe MAX-D API over the establishedquarterly minimumin Section 3b ofthis schedule. |
| e. | The RoyaltyFeestructure shallremaininplace forthelifeoftheagreement, unlesstheparties mutually agree inwritingto other terms in the future. LICENSOR will provideLICENSEEupdatedversionsoftheMAX-D APIas they becomeavailable. |
| a. | TheTerm ofthis Agreementis foraperiod ofthree(3)yearsfollowing the Effective Date. |
REMAINDER OFPAGEINTENTIONALLYLEFT BLANK
Initial/vate, Confidential,andPmp,;etacy ©2015 MaxSoundCo'porationpg.2
LICENSE AGREEMENT
WHEREAS, LICENSORisaninnovatorinthefieldofaudiosignal processing systemsandhas developedapplications directed toimprovements andenhancementsin audio recording, playback,and othermediarelated areas;
WHEREAS, LICENSORdesirestolicensecertain ofitsIntellectual Propertyandknow-how,specifiedherein,toLICENSEEforuse with certain of LICENSEE'S products, specified herein; and
WHEREAS, LICENSEEisengagedinmanufacturingandsellinghardwaredevices(seeAppendix F-Licensed Devices).
WHEREAS,LICENSEErepresents thatithasanexistingmarketforthe hardwaredevicesidentified withLICENSOR'Strademarksandusing LICENSOR'Slicensed technology asprovidedherein;
WHEREAS,LICENSORiswilling tograntLICENSEE alicenseunderthetermsandconditions setforthinthisAgreement.
NOW,THEREFORE,LICENSORandLICENSEEagreeasfollows:
SECTION1-DEFINITIONS
1."LICENSORn meansMAXSOUNDCORPORATION,a
Delaware corporation,withitsprinciple placeofbusiness in Santa Monica, California, and its successors and assigns.
| 2. | "LICENSEE" meansanyentitysoidentifiedinthis Agreement. |
| 3. | "IntellectualProperty" meansallpatent,trademark,copyrightandtradesecretrightsrecognized bylawinconnectionwiththisAgreement. |
| 4. | "MAX-DAPI" meansanAPI(ApplicationProgrammingInterface)versionofLICENSOR'sIntellectualProperty protectedandprotectableand/orproprietaryaudioprocessing system that issuitable for useinappropriateplatforms with differentproducts, such as theLicensed Product,toachieveaudioimprovement and enhancement. |
| 5. | "MAX-D APISpecification"meansthespecificationsfortheMAX-DAPI,whichincludethe MAX-DAPIoperatingparameters as specified inAppendix B entitled"MAX-DAPI," and the "Specificationsfor MAXSOUND MAX-DAPI"as specified in AppendixC, ofthisAgreement. |
| 6. | "LicensedTrademark"means one ormoreofthefollowing: |
| 1. | containsoneMAX-DAUDIOPROCESSORAPI; |
| 2. | isdesignedtoprocesstheaudiochannelsfromthecontenteither storedon thedeviceor streamedinto thedevice,into MAX-D processedaudio whenrunningon asuitablehardwareplatformOS; |
| 3. | isused as anaudioprocessorinLICENSEE'sLicensed Devicethatis manufactured by the LICENSEE. |
Processors thatexecutetheMAX-DAPIinLicensedProductsmust becertifiedbyLICENSORas adequatetoperformtherequiredfunction. Therewillbe noLicensed Productavailable as a stand-alone software package.
| 8. | "Licensed Works"shallmeanalllicensed rightsownedbyLICENSOR, orownedbyothers towhich MAX SOUND hasa right to sublicense,whichmay be usedfor thedevelopment,design,manufacture, sale,orotheruse of Licensed Products. |
| 9. | "DerivativeWorks"-shallmeanany product,processesorotherworksderived from or based on any of the licensed Worksregardless of format or form. |
| 10. | "LICENSOR Deliverables"shallmeananyandallitems deliveredbyLICENSORtoLICENSEEwhich enableLICENSEE to design, test, andinstall ontolicensed Product(s),including: |
| a. | MAX-D APIaudioprocessorcodein"C++",ofthecurrentrevision, |
b. Documentation accompanyingsaidcode,
| 11. | "Know-How"meansIntellectualProperty protectedandprotectableinformation, aswellas skills,experience, andother know-how,recordedorunrecorded,accumulatedand ownedby LICENSOR,relatingtothe LicensedProducts, includingdesigns,drawings, reports, memoranda, blue-prints,specifications. |
| 12. | "SensitiveInformation"means Know-How,and proprietary businessinformationincluding marketinginformation, productplans, businessplans,royalty, and salesinformation,customerlists andthelike. |
| 13. | "LICENSOR's Trademarks"meansany tradename, logo,servicemarkortradedressusedand/orownedbyLICENSOR. |
| 14. | "RoyaltyFee" meansaroyaltyfeecorrespondingtothe MAX-Dprocessinstalledintoanysingle unitofa licensed Device thatismanufactured,used,leased, sold or otherwisedisposed of by LICENSEE. |
| a. thewordmark "MAX-D"and"MAXSOUND" | 15. "Other-TrademarkPurchaser"means anycustomerof |
| b. theMAX-DLogo,whichisalsoreferred toasthe | LICENSEE who,withLICENSEE'sknowledge,intendsto resell,use "MAX-D symbol", depictedin AppendixDofthis orleasethe LicensedProductsundera trademarkother than Agreement] LICENSOR'S Trademarks. |
| c. | The Max-Dtradedresscorrespondingtoits"lookand |
feel"16. "EffectiveDate"meanstheeffectivedateofthisAgreementandisthedateofexecution this Agreement, or,if
7. "LicensedProduct"meansacompleteready-to-usethisAgreementrequiresvalidationby any governmentalor profession\software or hardware packagewhich:quasi-governmentalbody,the "EffectiveDate" is the dateof
validation ofthis Agreement.
Initialrivate,Confidential,and Proprietary©2015MaxSoundCorporationpg.3
17."Territory"meansthe geographiclocation LICENSEEis grantedtherightswithinthis Agreement tosellLicensedProduct(s).For the purposes ofthis Agreement, the Territoryis: worldwide.
SECTION 2- LICENSESGRANTED
LICENSOR herebygrantsLICENSEE anindividualnon-transferable, indivisible andnon-exclusivelicense withinthe Territory as set forth inthisAgreement.
| 1) | LICENSEORhereby grantsLICENSEEtheright,toembed,upload,makeand/oruse,butnotmodify,the MAX-D APIaudioprocessorsource codeon LicensedDevices,for the sale of Licensed Productstoan ApprovedListofCustomersof LICENSEE'sODMservices(Appendix G), and end users(eitherdirectly or throughthirdpartydistributors),for such end users useof theMAX-D APIaudioprocessorinday to dayuse of theLicensedProducts. LICENSORfurther grantsLICENSEE the right, subjectto theterms andconditionsofthisAgreement,tomarket and promote the Intellectual Property anditsavailability onthe Licensed Products. |
| 2) | LICENSORfurthergrantsLICENSEE therighttodistributebutnotmodify,theLicensedDevicesinordertomakeavailabletotheir ApprovedCustomers,and end usersas the LicensedProduct(s). |
| a) | Tomarket,sell, distribute,maintain, andsupporttheDerivativeWorksinAPI formatonly. |
| b) | Notwithstandingthelicenses grantedabove, |
| i) | nolicenseisgrantedunderthis Agreementto lease,sell,transfer,orotherwisedisposeofany subsetorportionof a LicensedProduct,partiallyassembledproducts,productsinkit form, andknocked-down ("KO")orsemi-knocked-down("SKD") products.Notwithstanding,certainterritories,asprovidedin Appendix H(ApprovedSKD/KDMarkets) wouldrequirethesaleof said products toavert highertax implications; |
| ii) | no licenseisgrantedunderthisAgreement touseanyLicensed Trademarkin connection with offering forsaleorinadvertising and/orinformationalmaterialrelatingtoanyLicensed Productwhichis notmarked as providedin this Agreement; |
iii) nolicenseisgrantedunderthisAgreementwithrespecttotheuseof anyLicensedTrademark on or in connectionwith products otherthanLicensed Products;
| iv) | norightisgrantedwithrespecttoLICENSOR'sIntellectualProperty,except with respect tothe useof saidpropertyasprovidedin this Agreement on andinconnection withLicensedProducts; and |
(a) LICENSEEshall,publicallymarketthe LicensedProductssolongissaidmarketingisinfullcompliance with other termsandconditionsgrantedbyLICENSOR in thisAgreement.LICENSEEmayen·gage thirdpartiestomarket the LicensedProducts during theTerm,includingbutnot limitedto websitesowned, managed, or otherwise affiliatedwithLICENSEE.
(b) Ifrequested,LICENSEEshall consult withLICENSORinthedevelopment ofaplan formarketing theMAX-0 API AudioProcessortopotentialcustomer and/orend users. LICENSEE shall havetheright, in itssolediscretion,Productssolongissaidmarketingis infullcompliance with other termsandconditionsgranted by LICENSORin thisAgreement, toestablishandcreate,during the Term, multiple uniquebrandingor co-brandingofthe Licensed Products (such unique brandandco-brandednames,collectively, the "LICENSEEBrand Names ").
SECTION 3-OTHEROBLIGATIONSOFTHELICENSORANDLICENSEE
| 1. | LICENSEE'suseof theLICENSOR'SIntellectual PropertyrightsshallbesubjecttotheobligationsofthisAgreement as well asadditionalprovisions, which LICENSOR mayissuefromtimeto timesubjectto thefollowing procedure: |
| I) | LICENSORshallprovidereasonable advancenoticeofanyadditionalprovisionswhichLICENSOR desires to incorporate intothis Agreement; |
| II) | If LICENSEEdoesnotobject tosuchprovisionsinwriting within ten {10)daysofreceiptofsuchnotice,saidprovisionsshall beincorporatedinto this Agreementwithina reasonabletimeof receiptofnotice; |
111)IfLICENSEEnotifies USENSORthat LICENSEEobjectstoanyadditionalprovisionsthatLICENSORdesires toincorporate,the partiesshall negotiate ingoodfaith a mutuallyagreeablecompromise;
IV)In theeventthattheparties cannotmutuallyagreewithrespecttosuchadditional provisions, either party may terminatethis Agreement uponninety(90) dayspriorwrittennotice.
| 2. | LICENSEE shallcomplywiththerequirementsofthetermsofthisAgreementand,subjecttoSection3.1 above; such additionalprovisionsasLICENSORmayissuefromtimetotime, and shall,takeallcommerciallyreasonablemeasures, and subjecttoall applicablelaws, ensure that itssubsidiaries, agents,distributors, and dealersthroughout theworldcomplywithsuch requirements. |
| v) nolicenseisgranted tosell,distribute,lease, rentor | 3. LICENSEEshall, to the extentcommerciallyreasonable,otherwise dispose of LicensedDerivativeWorks thatprominently mark theLicensed Productand/orthe userare not linked tothesale ofa specific Licensed interface to the Licensed Product in the following way:Product;and "MAX-0, Audio Perfected" as showninthelogoin Appendix |
3)M\ketig;BrandinD.
Initial--VPrivate,Confidential,andProprietary ©2015 MaxSoundCorporation pg.4
| 4. | The markidentifiedinSection3,mayalsobeusedatleast onceinaprominent manner in alladvertisingandpromotions forsuchLicensedProduct;totheextent commerciallyreasonable, such usages shall be nolessprominent andinthesame relative size andproportion as the most prominent third party othertrademark(s) appearing on such LicensedProduct or inthe advertising andpromotion thereof. |
| 5. | LICENSEE maynotusetheLicensedTrademarksinadvertisingandpromotionofa productnot markedinaccordance withthe requirementsof this Section. |
| 6. | In everyinstanceofuse ofaLicensedTrademark,,except ontheexposedmaincontrolsurfaceofa Licensed Product, LICENSEEshallprovide publicnoticethat such Licensed Trademark is a trademarkby using the superscript letters"™"after therespective trademark, or,incase of aregisteredmark, byuseof the trademark registrationsymbol"®"(the capitalletterRenclosedin a circle) as asuperscriptafter therespective trademark.LICENSORshallinform LICENSEE as to which notice formis used. |
| 7. | LICENSEEshallusecommerciallyreasonableeffortstoensurethat theappropriatetrademarknotices,assetforthinthis Section,appear in advertising forsuch LicensedProducts at the retaillevel. |
| 8. | LICENSOR's ownershipofLicensedTrademarksshallbe prominently displayed andindicatedin eachinstanceofuse byLICENSEEonaLicensedProduct, ,onpromotional products andmaterials,includingbutnotlimitedto,instructions and advertising, by themostrelevant of the followingidentifications: |
| a. | "MAX-DisaRegisteredTrademark ofMAXSOUNDCORP.", |
| b. | "The LogoSymbolisaTrademarkofMAX-D", |
| c. | "MAX SOUNDand"MAX-D"areRegisteredTrademarksofMAXSOUNDCORP." |
| d. | "MAX-D,Audio PerfectedisaRegisteredTrademarkofMAXSOUNDCORP." |
| e. | OnLicensedProducts such wordsmaybe usedon:productpackaging,anexposed(frontcover)surface ofLicensed Product(s), the Boot-upScreen,Player App Pre-Screen, and/or at thebeginningand end of a MAX-D processedvideo. LICENSEE shalluse commercially reasonable |
common,descriptiveor genericdesignation.Whenever"MAX SOUND"or"MAX-D"isused,the lettersshallbeupper-case. "MAXSOUND" or "MAX- D" shall onlybe usedas an adjective referringto anaudioproduct andshallnot be used as a noun or inany otherusage, whichmay be associatedwith a generic use ofthe terms.Indescriptive,instructional,advertising,orpromotionalmaterial or mediarelating to Licensed Products,LICENSEE mustusethe LicensedTrademarksand expressions whichinclude theLicensedTrademark"MAX SOUND" or "MAX-D"is used,withan appropriategenericordescriptiveterm (e.g. "poweredby MAX SOUND", "MAX-DHD AUDIO",etc.), with reference to licensed Products andtheiruse.
| 11. | All usesoftheLicensed Trademarksaresubjectto reasonableapprovalbyLICENSOR. LICENSORreservesthe right to require LICENSEEtosubmit proposed uses to LICENSOR forwritten approval priortoactual use,provided that failure totimelyrespond to a submissionshall bedeemed approval.Uponrequest of LICENSOR, LICENSEE shall submit to LICENSOR samples of its own usageof the licensed Trademarks and usageof the Licensed Trademarks by its subsidiaries, agents, distributors, anddealers. |
| 12. | LicensedTrademarks shallbeusedinamannerthatappropriatelydistinguishesthem from other trademarks,service marks,symbols or trade names, includingLICENSEE'sTrade Name and Trademarks. |
| 13. | LICENSEEmayonlyusetheLicensedTrademarksonandinconnectionwithproductsthat meet LICENSOR'sreasonablequalitystandards. |
| 14. | LICENSEE maynotuse theLicensedTrademarkson andinconnection withproductsother than licensed Products. |
Ownership ofthe licensedTrademarks
| 15. | LICENSEEacknowledgesthevalidityandexclusiveownership byLICENSOR ofthe licensed Trademarks. |
| 16. | LICENSEEacknowledges thatitneitherownsnorclaimsanyrightsinthe licensedTrademarksandwill not file any applicationforregistration of theLicensedTrademarks,oranynames ormarks confusingly similartothe Licensed Trademarks, anywherein theworld. |
Section3.03-MaintenanceofTrademarkRights
efforts toensurethatsuchanacknowledgmentappearsonproductmarketingandinadvertisingattheretail level.
9.Licensed Trademarksshallalwaysbeused inaccordancewith allapplicablelawsandregulations pertaining to theiruse.
17.
The expenseofobtainingandmaintainingLicensedTrademarkregistrationsshallbebornebyLICENSOR.LICENSOR,asitdeems necessary,will advise LICENSEEof the grantofregistration of such trademarks. LICENSEE and LICENSOR will complywithall applicablelaws and requirementspertaining to the maintenanceof the LicensedTrademarks,including themarkingwithnotice ofregistration and therecording of LICENSEEasa registered or licensed user of such trademarks.
10.
Initial
In noeventshallLICENSEEusetheLicensedTrademarkin Theexpenseofregisteringorrecording LICENSEEas aregistered any way that suggests or connotes thatitis a user orotherwisecomplying with thelawsof any country
pertaining tosuchregistration ortherecordingoftrademark
..,...._UfPrivate,Confidential,andProprietary ©2015MaxSoundCorporation pg.5
agreements shallbebornebyLICENSOR.LICENSEEshalladviseLICENSORof allcountries where Licensed Products aresold,leasedor used.
Trademark Enforcement
| 18. | LICENSEE shallimmediatelyinformLICENSORofallinfringements,potentialor actual,which itmaylearnof, of the LicensedTrademarks.It shallbetheexclusiveresponsibilityof LICENSOR, at its own expense, to terminate, compromise, or otherwise act at itsdiscretion with respect to suchinfringements. LICENSEE agrees toreasonablycooperate withLICENSORbyfurnishing, withoutcharge, except out-of-pocketexpenses, suchevidence,documents and testimony as mayberequiredtherein. THE Licensor will be liable forthe Licenseesloss of earnings and other damages, subject to Court ruling of theinfringement. |
Other-TrademarkPurchasers
| 19. Totheextentonlythattechnicalstandardization,equipment | or signal sourceinterchangeability,productidentification andusage of the Licensed Trademarksare affected, the following conditions shall applyifLICENSEE sells orleasesLicensed Products on a mass basis to an Other-Trademark Purchaser who doesnot hold alicense with terms andconditions substantially similarto this Agreement.LICENSEEshallinform LICENSOR of the name, place of business,trademarks,and trade names oftheOther-Trademark Purchaserbefore such Other- Trademark Purchaser sells,leases, or usesLicensedProducts.LICENSEEshallobtain agreement fromsuch Other-TrademarkPurchaser not to modify,install, use,lease, sell, provide written material foror about, advertise, or promote LicensedProductsin any waywhich isin conflict with any provision of this Agreement. Itshall be the responsibility of LICENSEEtoinform theOther-Trademark Purchaser oftheprovisions of this Agreement, to notifysuchOther- Trademark Purchaser that the provisions of thisAgreement shall beapplicable,through LICENSEE, in the same way asifthe LicensedProductswere sold byLICENSEE under LICENSEE's TradeNamesand Trademarks, toensurebyall reasonable means that such provisions are adheredto and, ifrequestedbyLICENSOR, to provide toLICENSOR samples on aloan basis oftheOther-Trademark Purchaser's embodimentof the LicensedProducts,aswell as copies of such Other- Trademark Purchaser's advertising, public announcements, literature,instructionmanuals, and thelike. |
CopyrightNotice
| 20. | As applicable,LICENSEEshallprovidethefollowingcopyrightnotice toallpublic distributions and disclosures of its LICENSE underthis Agreement. |
| 21. | On allLicensedProducts,THELICENSEEshall acknowledge thattheLicensedProductsaremanufactured underlicense fromLICENSOR.The following notice must be provided by LICENSEE on an exposed, visible surface,such astheback or the bottom, of all Licensed Products: "MAX-D HDAUDIO' under license from MAX SOUND". Such notice shall be used in all instruction and servicingmanuals. |
FurnishingofLicensorDeliverablesandKnow-How
| 22. | SubjecttoexportregulationsandprovisionsoftheUnitedStates governmentoranyotherapplicable domestic or foreignjurisdiction,LICENSOR willpromptly, following the Effective Date, furnish toLICENSEE: |
a.TheLicensor Deliverables,copiesofalldocumentsandthingsevidencingtheKnow-How;and
b.Uponrequestby LICENSEE,provide,asLICENSORdeemsreasonable,NRE(Non-RecurringEngineeringcosts) consultingservicesregardingdesignconsiderationsand generaladvice relating to theLicensed Products and thesaleand use thereof, forall of which LICENSEE willalsoreimburseLICENSORfor travel andreasonable perdiem expenses if applicable.
Use ofKnow-HowandSensitiveInformation
By LICENSEE
| 23. | LICENSEE shalluseallKnow-HowandSensitiveInformation solelyforthepurposeof manufacturingand selling LicensedProductsunderthis Agreement and shall not use suchinformationin an unauthorizedway, and shall notdivulge suchKnow-Howor SensitiveInformationor any portionthereof to third parties, unless such Know-How or SensitiveInformation(a) was known toLICENSEE priortoits obtaining the same from LICENSOR; (b) becomes knowntoLICENSEEfrom sources otherthaneither directlyor indirectly fromLICENSOR; or(c) becomes publicknowledgeother than bybreach of this Agreement by LICENSEE. |
| 24. | UponterminationofthisAgreement,withrespecttoKnow-HoworSensitiveInformation,LICENSEE shallpromptly return to LICENSOR,at LICENSEE's expense, all documentsand thingssuppliedtoLICENSEEasKnow-How,aswellas allcopiesand reproductions thereof. |
By LICENSOR
Thisproductcontains "MAX-DHDAUDIO"protectedunderinternationalandU.S.copyrightlaws.It'sreproductionor disclosure, in whole orin part, or theproduction of worksdirectlyorindirectlyderivedtherefrom without the expresspermissionof MAX SOUNDisprohibited.
©2010MAXSOUNDCORPORATION.Allrights
reserved.
25.
LICENSOR herebyagreesthatthroughoutthetermofthisAgreementitshallnotdivulgetothird parties, noruseinany unauthorized way ConfidentialInformation and Know-Howbelongingto LICENSEE, unless suchinformation (a) wasknowntoLICENSOR prior to its obtaining the same from LICENSEE; (b) becomesknown to LICENSORfrom sourcesother thaneitherdirectlyorindirectly from LICENSEE, or (c) becomespublic knowledge otherthan by breach ofthisAgreementbyLICENSOR;or (d)isindependently developed byLICENSOR.Theobligations
licenseNoti.:1/.J"'/of thisSectionshallceasethree(3}yearsfromthe dateonwhich
Initial Private, Confidential,and Proprietary©2015MaxSound Corporation pg.6
such know-howorconfidentialinformationisacquiredby LICENSOR fromLICENSEEunderthisAgreement.
ConfidentialMaterial
| 26. | All Deliverables byeitherpartyto the other areconfidentialandwillbetreatedas such thereceiving party andall that areunderitsdirection andcontrol.Each party agreesto reproduceand/or internallydisseminatethese materials onlyon an "as needed"basistothe extent necessaryaccordingto the terms ofthe Agreementand toobtainconfidentialityagreements fromthosetowhom it provides suchinformation. Neither partyshall disclosesuchinformation toindividuals nor entities that donotmaintainan employmentor work forhire relationshipwith thereceivingparty.Each party shallkeep arecord of each copy madeofsuchinformation and shallpermit LICENSOR accesstosaid recordattimes andplaces as LICENSORmayreasonably require. |
SECTION4-PAYMENTS
Non-RecurringEngineeringNRE
| 1. | Total NRE(Non-RecurringEngineering)costsdue underthisagreementcoveringtheconfiguration of the MAX-DAPIforthe LicensedDevice(s)isWAIVEDsolongasLICENSEE isusing standard,unaltered,uncustomizedversions ofnon-proprietary operatingsystems. |
Royalties
| 2. | Subjecttotheprovisionsofthissection,LICENSEEshall pay toLICENSORroyaltiesasdefinedin TABLEDofthisAgreement .. Subjectto theprovisionsofthis section,LICENSEEshall payto LICENSORroyaltieson theDerivativeWorks processed byor for LICENSEEand incorporatedinLicensed Products.Theroyaltypayableshall bebased onthescheduleas detailed inTable D, hereinbeforedefined, contained in LicensedProducts,whichare processed,byLICENSEE in successivecalendarmonths fromthe effective date hereof, over theTermofthisAgreement, based onthe schedulegiveninTABLEDof this Agreement. |
RoyaltyPaymentsandStatements
| 3. | UnlessprovidedotherwiseinthisAgreement, LICENSEEshall renderstatementsandroyaltypaymentsasfollows: |
| a. | LICENSEEshalldeliver totheaddressshown on thecoversheet ofthisAgreementor such placeasLICENSOR may fromtimetotimedesignate, monthlyreportscertifiedbyLICENSEE'schieffinancial officeror theofficer'sdesignate within15daysaftereachcalendarmonth. |
| b. |  Alternatively,suchreports maybedeliveredbyemailing themtoLICENSOR'Semailaddressshownonthe cover sheetofthisAgreementor suchother physicalorelectronicaddressesasLICENSOR may fromtime totimedesignate.Royaltypayments aredueforeachmonth at the sametimeaseachmonthlyreport andshallbe made bywiretransferinUnitedStates funds to ICENSOR's bankasidentifiedon thecover sheetof this |
Agreement orsuchotherbankasLICENSORmayfrom timetotimedesignate.LICENSEEshallpay alllocal fees,taxes,duties,or chargesof anykind andshall notdeductthemfrom theroyaltiesdueunless suchdeductions may beoffsetagainstLICENSOR'sowntaxliabilities.Eachmonthly report shallcontain suchinformationasisreasonably necessaryto substantiateanypaymentsduehereunder.
| c. | Anyremittanceinexcess ofroyaltiesduewithrespectto thecalendar day forwhich thereport is due shall be applied by LICENSOR to the next payment due. |
d.LICENSEE'sfirstreportshallbe forthecalendarmonthfollowingtheexecutionofthisAgreement.
| e. | LICENSEEshalldeliverafinalreportandpaymentofroyaltiestoLICENSORcertifiedbyLICENSEE'schief financialofficeror theofficer'sdesignatewithin30daysaftertermination ofthisAgreementthroughout theworld.Sucha final reportshallincludeareportof allroyaltiesdue with respect to Licensed Productsnotpreviouslyreported to LICENSOR.Suchfinal report shallbe supplementedat theendof the next andsubsequent months,in thesame mannerasprovidedforduringtheLife oftheAgreement,intheeventthatLICENSEElearnsof anyadditionalroyaltiesdue. |
| f. | LICENSEEshallpay interesttoLICENSORfrom theduedate tothedate paymentismadeof anyoverdue royalties or fees, including the Initial Payment, at the rate of2%above the prime rate asisin effectfrom timeto time atthe bank identifiedonthe cover page of this Agreement, or another majorbank agreed to bythe LICENSORand LICENSEEintheevent that theidentifiedbank shouldceasetoexist,providedhowever,thatif the interest rate thus determinedis inexcess ofratesallowable by any applicablelaw,the maximum interest rateallowable bysuchlawshallapply. |
Books andRecords
| 4. | LICENSEE shallkeepcompletebooksandrecordsofall sales,leases,uses,returns,orotherdisposals byLICENSEEof LicensedProducts. |
Rights ofInspecting BooksandRecords
| 5. | LICENSOR shallhavetheright,throughaprofessionally registeredaccountantreasonablyacceptable toLICENSEE(andprovidedthatsuchaccountant executea confidentialityand nondisclosureagreementwith LICENSEE) at LICENSOR's expense, toinspect,examineand make abstracts of the said books and recordsinsofar as may be necessary to verifythe accuracy of the sameand ofthe statementsprovidedforherein butsuch inspection andexamination shallbe madeduring businesshours uponreasonablenotice,notmoreoften thanonce per calendaryear and shallbelimited tothe books and recordsof theimmediately precedingtwelve (12) months. LICENSORagreesnot to divulge tothird partiesanySensitive Information obtainedfromthe booksand records ofLICENSEE as aresultof such inspection unlesssuch information(a) was knownto LICENSOR |
Private,Confidential,and Proprietary©2015MaxSound Corporationpg.7
prior toitsacquisitionbyLICENSOR asa resultofsuchinspection; (b) becomesknownto LICENSOR fromsourcesother thandirectlyorindirectlyfromLICENSEE; or(c)becomes amatter ofpublicknowledge otherthanby breachofthisAgreementbyLICENSOR.
SECTION S-STANDARDSOFMANUFACTUREANDQUALITY
StandardizationandQuality
| 1. | LICENSEEshallmakecommerciallyreasonableeffortstoabidebytheMAXSOUNDAPISpecifications,hereto appendedinAppendixC andasmodified fromtime to timebyLICENSOR.AllLicensedProducttypesaresubject toacceptance testing byLICENSOR.Alllicensed products markedwith theLicensed Trademarks mustadditionallycomplywithallapplicablereasonableminimum qualitystandards issuedandreasonably modified fromtimetotime by LICENSOR.On allLicensed Products markedwiththe Licensed Trademarks LICENSEE shall abide byreasonablestandardsof qualityandworkmanshi p. Such quality standardsshallapply toallaspects of Licensed Products which influenceor reflectupon the audio qualityor performanceoftheLicensedProducts asperceivedbythe end user. LICENSEEshallwithrespect toallLicensed Productsconformtoanyreasonable newqualitystandardsrequirements as specifiedbyLICENSORwithinaperiodofninety(90) daysofsuchspecificationinwriting. |
Right toInspectQuality
| 2. | LICENSEEshallprovideLICENSORwithsuchnon-sensitiveinformation concerningLicensedProducts as it may reasonably require in performing itsrightto enforcequality standardsunder thisAgreement. LICENSEEwill,upon request,provide on aloanbasis toLICENSORareasonable numberofsamplesofLicensed Products fortesting.Intheevent thatLICENSORshallcomplain thatanyLicensedProduct doesnot complywithLICENSOR'squality standards, exceptingnewlyspecifiedstandards fallingwithinthe ninety (90)daytime limitof Section5.01, it shall promptlysonotifyLICENSEEby writtencommunicationwhereupon LICENSEEshallwithin ninety {90)dayssuspendthelease,sale orother disposalof the same. |
SECTION 6-TERMINATIONANDEFFECTOFTERMINATION
ExpirationofAgreement
| 1. | UnlessthisAgreementalready hasbeenterminatedinaccordancewiththeprovisionsofthissection,thisAgreement shall terminate two (2) yearsfrom theEffective Date and thereafter isrenewableat LICENSEE's request and Licensor's soleacceptance of said request. |
Terminationfor Cause
| 2. | In theevent thatoneparty breachesanyofits materialobligationsunder this Agreement,subject totheconditionsofSection 6.3,this Agreementshall terminateupon the non- breachtngpy's givingsixty(60) days advance notice in writing, |
effectiveondispatchofsuchnotice,ofsuchtermination,givingreasonsthereforetothebreachingparty,providedhowever,that,ifthebreaching party,withinthe sixty(60) day period,remediesthe failure ordefaultuponwhich suchnoticeisbased,thensuchnoticeshallnotbecomeeffective andthisAgreement shallcontinueinfull forceandeffect.Notwithstanding the sixty- daycureperiodprovided under the provisionsofthisSection6.02, interest dueunder Section 4.5 shallremain payable and shallnotwaive,diminish, orotherwiseaffectany ofLICENSOR'srightspursuanttothisSection6.2.
Effect ofTermination
| 3. | Uponterminationof theAgreement,exceptasprovidedherein, alllicensesgranted byLICENSORtoLICENSEE underthisAgreement shallterminate,allrightsLICENSORgranted toLICENSEEshallrevert in LICENSOR,and all otherrightsandobligationsofLICENSORandLICENSEE underthisagreementshall terminate. However,thefollowing rights andobligations ofLICENSOR andLICENSEE shall survive tothe extentnecessary topermittheircomplete fulfillment anddischarge,with the exception that subsection 3.h shall not apply in case ofexpirationas provided subsectionin6.1. |
| a. | LICENSEE's obligationtodeliverafinalroyalty reportandsupplementstheretoasrequiredunderSection4; |
| b. | LICENSOR'SrighttoreceiveandLICENSEE'Sobligationtopayroyalties, under ArticleIV,includinginterest onoverdue royalties,accruedoraccruablefor payment atthetime of terminationandinterest on overdue royalties accruingsubsequent to termination; |
| c. | LICENSEE'sobligationtomaintainbooksandrecordsandLICENSOR'Srighttoexamine, audit,andcopyasprovidedunderSection4; |
| d. | any causeofactionorclaim ofeither partyaccrued ortoaccruebecause ofanybreachor default byLICENSEE; |
| e. | eachparty'sobligationswith respect toKnow-How, ConfidentialInformationand SensitiveInformation under the applicableprovisions ofthisAgreement; |
f.LICENSEE'sobligationstocooperatewithLICENSORwithrespecttoTrademark enforcementunderSection3.04,with respectto mattersarising beforetermination;
| g. | LICENSEE'SandLICENSOR'Sobligationsregardingpublicannouncements underSection8; and |
| h. | LICENSEEshall be entitled tofillordersforLicensedProductsalreadyreceivedandto makeor have madeforit and tosellLicensed Productsfor whichcommitmentsto vendors havebeen made at the timeof suchtermination, subjecttopayment of applicable royalties thereonandsubjecttosaidLicensed ProductsmeetingLICENSOR'squalitystandards,providedthatLICENSEE promptly advisesLICENSORof suchcommitmentupontermination. |
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pg. 8
The portionsoftheAgreement specificallyidentifiedinthesub- partsofthis Sectionshall be construed andinterpretedin connection withsuchotherportionsofthe Agreementasmay be requiredtogivethem fullforceand effect.
SECTION 7-LIMITATIONS OFRIGHTSANDAUTHORITY
LimitationofRights
| 1. | No right ortitlewhatsoeverintheanyIntellectualProperty,Know-Howisgranted, orimpliedtobegranted by either party to the other orshallbetaken or assumedby either partyexcept as is specificallylaid downin this Agreement or otherwise explicitly agreeduponin writing between theparties to thisAgreement. |
LimitationofAuthority
2.Neitherpartyshallinanyrespectwhatsoever betakento
performthetransferringparty'sobligationsanddutieshereunder.
CompliancewithU.S.ExportControlRegulations
| 7. | LICENSEE agreesnottoexportanytechnicaldataacquired fromLICENSORunderthisAgreement,northedirectproductthereof,eitherdirectlyor indirectly, toany country incontravention of United States law. |
| 8. | Nothinginthis Agreementshallbe construedasrequiringLICENSOR toexportfrom theUnitedStates,directlyorindirectly, any technical data or any commoditiesto any country in contravention of United States law. |
SECTION 8-MISCELLANEOUS PROVISIONS
be theagentorrepresentativeoftheotherpartyandneitherlanguage ofAgreement:anguageof Noticespartyshallhave anyauthority to assume any obligation foror to
committheother partyinanyway.
Disclaimer ofWarranties andliability:Hold Harmless
| 3. | LICENSOR hasprovidedLICENSEEtherightsandprivilegescontainedinthisAgreement in goodfaith. LICENSOR hereby warrants and representsthatthe MAXSOUNDMAX-D APIAudio Processing technology, Know-How,LicensedCopyrightedWorks, the licensed Trademarks,or any partthereofembodyingany of themare freefrominfringementofpatents, copyrights,trademarks, service marks,orotherproprietaryrightsofthirdparties. |
| 4. | LICENSOR warrantstheMAX-Dsoftwarewhenusedinstandardunaltered,uncustomizedoperatingsystemsin accordancewith Section5ofthisagreement. Not withstanding, LICENSORdisclaims allliabilityand responsibility for consequentialdamages, whether ornotforeseeable,that mayresultfromthe manufacture,use,lease, orsaleofLicensedProducts and parts thereof,andLICENSEE agrees to assume all liability andresponsibility forallsuch damage andinjury. |
| 5. | Eachparty agrees toindemnify, defend,and holdthe otherharmlessfrom andagainstallthird partyclaims (including, without limitation, product liabilityclaims),suits,lossesand damages includingreasonable attorneys'feesandany other expenses incurredin investigation and defense, arising out of eachparty'sundertakingspursuanttothisAgreement, any breachof any termsofthisAgreements and/or a breach of suchparty'swarrantiesand representations underthisAgreement. |
LimitationofAssignmentbyLICENSEE
| 1. | The languageofthisAgreementisEnglish.Iftranslatedintoanotherlanguage, this EnglishversionoftheAgreementshallbecontrolling. Exceptasmay be agreedby LICENSOR and LICENSEE,allnotices, reports,consents,andapprovalsrequired orpermittedtobegiven hereundershallbe writtenin theEnglishlanguage representing the sameintent as the original document. |
Stability ofAgreement
| 2. | NoprovisionofthisAgreement shallbedeemedmodifiedbyanyactsofeitherparty,itsagentsoremployeesor by failure to object to any acts of the otherparty which may beinconsistent herewith, orotherwise, exceptby a subsequentagreementinwritingsigned bybothparties.Nowaiverof a breach committed by either partyinoneinstance shallconstituteawaiver or alicensetocommit orcontinuebreachesinother orlikeinstances. |
Public Announcements
| 3. | LICENSEE willsolelyberesponsibleformakingpublicstatementrelatingtotherelationshipwithLICENSOR, and theuseof theMAX-0 APIAudioProcessor,intheformof pressreleases,etc.,with theinputofLICENSOR.Neitherpartywilldisclose,normakeanypublic announcementofany termsofthis Agreementwithout the expressedwrittenconsent of theeither party. ack of compliance with this termwill be considereda material breachof this Agreementwith noability forremedy. |
Address ofLICENSORandLICENSEEforall OtherCommunications
| 6. Therights,dutiesandprivilegesofeitherpartyhereunder4. | Except asotherwisespecifiedinthisAgreement,allshall not be transferred orassignedby iteitherin part orinnotices,reports, consents, and approvalsrequiredorpermitted wholewithoutpriorwritten consentof theother party. tobegivenhereunder shallbeinwriting,signedbyanofficerof However, either party shall have the right totransfer its rights, LICENSEE or LICENSOR,respectively, and sent postageordutiesandprivileges underthis Agreementin connectionwith its shipping chargesprepaidbycertified orregisteredmail, returnmerger andconsolidationwith anotherfirmor the saleof itsreceipt requested showingtowhom,when and where delivered,entirebusinesstoanotherperson orfirm,provided that suchorby Expressmail,orbya secureovernightorone-day delivery |
personorfirm shallfirsthave agreedwith theotherpartytoservicethatprovidesproofand dateofdelivery,or by facsimile,
j/properlyaddressedortransmitted toLICENSEE orLICENSOR,
1
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respectively,attheaddressor facsimile numberset forthon the coverpageofthis Agreementor tosuchother addressor facsimile numberas may fromtime totime bedesignatedbyeitherparty to the otherin writing.Wire payments fromLICENSEE toLICENSOR shall be made to thebank and account of LICENSORas set forth onthe coverpage ofthisagreement or tosuch otherbank and account as LICENSOR may from time to timedesignate in writingto LICENSEE.
Applicable Law
| 5. | ThisAgreementshallbe construedinaccordancewiththesubstantivelaws,butnot the choice oflawrules,oftheStateof California, USA. |
Choice ofForum;Attorneys'Fees
| 6. | To thefullextent permittedbylaw, LICENSORand LICENSEEagree thattheirchoiceofforum,in theeventthat anydisputearisingunder thisagreement is notresolvedby mutualagreement,shallbetheStateofCalifornia,San Diego County. |
| 7. | Intheeventthat anyactionisbroughtforanybreach ordefault of anyof the termsofthisAgreementorotherwise in connectionwiththisAgreement,the prevailingpartyshall beentitledto recover fromthe other partyallcosts and expensesincurredin that action orany appealtherefrom, including without limitation,all attorneys' feesandcosts actually incurred. |
Captions
| 8. | TitlesandcaptionsinthisAgreementarefor convenientreferenceonlyand shallnotbeconsideredinconstruingthe intent, meaning,or scopeof the Agreement or any portion thereof. |
SingularandPlural
| 9. | ThroughoutthisAgreement,wordsinthesingularshallbeconstruedasincludingthepluralandwords inthe plural shallbe construedas including thesingular. |
Complete Agreement
| 10. | ThisAgreement containstheentireagreementandunderstandingbetweenLICENSOR andLICENSEEandmerges allpriororcontemporaneousoral orwrittencommunicationbetween them.Neither LICENSOR nor LICENSEE now is, orshall hereafterbe, in any waybound by anyprior,contemporaneousor subsequentoral or written communication except insofarasthe sameisexpresslyset forth inthisAgreement or ina subsequentwrittenagreementduly executedby bothLICENSORand LICENSEE. |
Severability
| 11. | Should anyportionofthisAgreementbe declarednull andvoidbyoperationoflaw, orotherwise, theremainder ofthis Agreementshallremain in full forceand effect. |
Company RepresentationandWarranty
12. Each partyrepresentsandwarrantstotheotherparty thatitisnotaparty toany agreement,andis not subject toany statutoryor otherobligation orrestriction,whichmightpreventor restrict it from performing all of its obligationsandundertakingsunderthisLicenseAgreement,and thatthe executionanddelivery of thisAgreement and the performance,by each party hereto,of its obligations hereunder havebeenauthorized by all necessaryaction,corporate orotherwise.
Execution
| 13. | INWITNESS WHEREOF,thesaidLICENSORhascausedthisAgreementto beexecuted on the cover pageofthisAgreement,in the presenceof a witness,by anofficerdulyauthorized and thesaid LICENSEE hascausedthe same to beexecuted onthecover pageofthis Agreement, inthepresence ofa witness, byanofficerduly authorized,in duplicate originalcopies,asof the date set forthon saidcoverpage. |
Initial:
-LIC_EN_ SOR l--LIC_E_N_SE-E ----.
SECTION9·APPENDICES
APPENDIX A-"MAXSOUNDMAX-DAPIAUDIO PROCESSOR"
Overview
MAXDDSPconsistsofa singlestaticlibrarycompiled forthetargetplatformanddeliveredas abinary.The DSP isabletoprocess dual channelaudio.Thelibraryis writteninC++.Theinterface tothe DSP isprovidedthroughfunctions that can becalled fromeitherCorC++.
Usage
Ina typicalimplementation,theMAXDlibraryisinsertedinthe audio signalpathimmediately prior to theoutput.The host providesa bufferofinterleaved samplesforprocessing. The processed buffer(s)isreturnedto the hostfor further processing.
Buffer Format
Buffers mustbeprovided withinterleavedsamplesfromthe2channels. Thesamplesarerepresentedinlinear16bit PCMformat.Internally,theMAXD processor convertsthesamplesto floatingpointprior toprocessing.Thesamples are thenconvertedback to thesame formatasinput format i.e.interleaved16bitPCM format. MAXD supportssample ratesfrom 8KHz to96 KHz;however changing fromone sample rate toanother requirescreatinga newinstance of the MAXDDSPobject
Presets andEQSettings
MAXDispreconfiguredwithpresetsthatare tunedtodifferentmusicalgenres.Apresetis set by aproviding the presetnumberas shown in the tablebelow. A presetissetwhena bufferissubmittedforprocessing.This means that eachbuffer ofsamples can be processedwithadifferentpreset. WaveAdjustmentTool (WAT©)equalization (low, medium,and high)is also available.Like preset, equalizationvaluesare setwhensubmittinga buffer forprocessing.
APPENDIX B-TYPICAL SPECIFICATIONS FORMAXSOUNDMAX-D API
rn;tlalmate,Confidential,and Propr;etary© 2015MaxSound Corporationpg.10
MAX SOUNDMAX·DAPIsoftwareshallcomplywiththefollowingaudiospecificationsinproduction(whenmeasured througha standardinternetplayback device);
Command LineApplicationRequirementsProposedAPI
The applicationwillberunonthecommandlineas follows:
Audio dataratefortwochannels:FrequencyResponse:
dB
DynamicRange:
PCM
20 Hz-20kHz+/-0.2
Greaterthan85 dB
ms_processor-iinput_filename -ooutput_filename-ppreset -ssample_rate
When processingiscomplete,theapplicationwillreturnanerror codeof0ifitissuccessfulor1ifit isnot.
Distortion:
·20 kHz
Lessthan0.1% at1kHz
Lessthan0.5%,20Hz
Theapplicationwillwritean errormessagetostd_errifanerror occurs.
Theinputwavefile mustbe16-bitlinearPCMandcanbeatanysamplerate.
APPENDIXC-MAXSOUNDMAX-0API LICENSEEINFORMATION MANUAL
API
The APIfor MAXDisbasic. The hostapplicationcreatesaninstanceof theMAXDobject, passingin adefaultbuffersizeand sample rate.
Thehostthensimplycallsthe processroutineasaudiobuffersbecomeavailable. LICENSEE will be placing APIon their hostedserversforthepurposesofprocessingtheirlicensedcontentcatalogue. (SeeCOMMAND LINE APPLICATIONREQUIREMENTS -
page16)
MethodsInstantiatingaMAXDobjectmax_sound_dsp_create(size_tbuffer_len,intsample_rate)
Calltomax_sound_dsp_create() createsandinstance ofDSPandreturnsareference totheinstance.Hostis supposedtostorethe referencefor calls to other functions in theAPI.
Parameters:
buffer_len:Maximumbuffersizethat DSPissupposedtoprocess.Thisvalueequals(Maximumnumberofsamplesperchannel) *
number ofchannels.Thisparameterisusedtocreatebuffersforinternalprocessing.
Sample_rate: ThesampleratetobeusedfortheDSPinstance Returns:Pointer toanewinstanceof MAXD DSP.
Parameters:
dsp: PointertoinstanceofMAXDDSP.
in_buffer:Pointertobufferforinput audiosamples.Audiosamplesshouldbe16 bitwithsamplesforLeft andRight channelinterleaving eachother. Thesize of the buffer shouldbe less thanthesizespecifiedin max_sound_dsp_create().
out_buffer:Pointertobufferforoutputaudiosamples.Outputaudiosamplesareinthesameformatasinput.
low:lowband eq(range0to100,SOnominal)
med: mediumbandeq(range0to100,SOnominal)high:highbandeq (range0 to100,SOnominal)
preset:0based presetnumber.Presetsare DEFAULT_SETIING=0,
CLASSICAL =1,COUNTRY, ACOUSTIC,JAZZ,LATIN,POP,REGGAE,ROCK,HIPHOP,TALK,EDM,LT_GENERIC,LT_TALK,LT_TALK2.
buffer_length:Lengthofvaliddataininputbuffer.Thisvalueequals(number ofsamplesper channel)*numberofchannels.
Returns: none../
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APPENDIXD -MAXSOUNDlogosandtrademark
MAX·Dr;:»)"
AUDIO PERFECTED
-8»))
M.4.X..D
AUDIO PEAFECIEO
MAX·D®
AUDIO PERFECTED
These areexamplesonly,higherresolutiongraphicswill beprovided tothe LICENSORwhenneeded.
APPENDIXE-Deliverables
| I. | ConfigureMAX-0 API specificallyfor theLICENSEE'sLicensed Oevice(s)aslistedinAppendix F, and; |
| ii. | Provide MAX-0API forLICENSSE'sLicensedOevice(s)and; |
| iii. | Notifyandprovide LICENSEElatest versionsofMAX-DAPI |
Iv.Supportaperdevice License-basedbusinessmodelasreferencedinTABLE DofthisAgreement.
| i. | Install MAX-0 attheOSP chip(OS)levelofLicensee'sdevices. |
| 1. | AddrelevantMAX-0 BrandingpursuanttothisAgreement. |
| ii. | SupportaLicense-basedbusiness model,where LICENSORwillreceive perdevice royaltyasprovidedforinTABLEO ofthisAgreement. |
| iii. | LICENSEEwillinstallMAX-0APIintoLicensedDevicesonthedatestatedin Section3.2. |
APPENDIX F-
LicensedDevices
| Device Name Model Number (if Applicable) Initial LICENSOR / LICENSEE 1 -/ I 2 I 3 I 4 I 5 I 6 I 7 I 8 I 9 I 10 I |
1.UnderthetermsoftheAGREEMENT,LICENSEEis herebygrantedtherightsforthe following LicensedDevices:
----
..-----
..,.
-----
----
------
-----
---
*AnyadditionaldevicesmustbeapprovedinwritingbyLICENSOR.Saidapprovalmaybein theformof anentirely newAgreement or Scheduleatthe solediscretionofthe LICENSOR.
Initial
ate,C<>nfldentlal,andProprietary©2015MaxSoundC<>rporation
pg.12
APPENDIX G-
Approved ListofODMCustomers
1. UnderthetermsoftheAGREEMENT,LICENSEEisherebygranted therightsforthere-sale LicensedProductsto thefollowingcustomers of theirODM services:
| Approved ODM Customer Licensed Device Initial LICENSOR / LICENSEE 1 I 2 .,,./' I 3 I 4 /""' I 5 L I 6 L I 7 I 8 I 9 z I 10 _;z I |
zv
APPENDIX H-
ApprovedSKD/KDTerritories
1. Under thetermsoftheAGREEMENT,LICENSEEisherebygrantedtherightsforthere-saleof semi-knocked down and/orknocked down licensed Products to the followingterritories·
| | Territory | ivice | Initial LICENSOR/LICENSEE |
| 1 | | L | I |
| 2 | | L | I |
| 3 | | | I |
| 4 | L | | | I |
| s | L | | I |
| 6 | ,. / | | I |
| 7 | | | I |
| 8 | | | I |
| 9 | | | I |
| 10 | | | I |
| | | | | |
Initial Private, Confidential,and Proprietary©2015 MaxSoundCorporationpg.13
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