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 EXHIBIT 10.1

 

AGREEMENT

 

 

This License and Support Services Agreement (“Agreement”), effective as of October 7, 2009 (“the Effective Date”), is entered into between NeoMedia Technologies, Inc., a Delaware (United States of America) corporation having a principal place of business at Two Concourse Parkway, Suite 500, Atlanta, Georgia 30328 (“NeoMedia”); and Brand Extension Mobile Solutions, S.A., a Madrid (Spain) corporation having a principal place of business at calle Guzmán el Bueno, No. 133, Madrid, Spain  (“BEMS”; together, “The Parties,” or individually, “Party”).

 

WHEREAS BEMS is a company validly organized in Madrid, Spain, which engages mainly in the provision of technological and market solutions to its customers, designing, implementing and managing the extension of their trademarks to cellular phones and technological environments in general, and is a mobile marketing service provider, with key business interests in Southern Europe and South America;

 

WHEREAS, NeoMedia is a company validly organized in Delaware, United States, which engages, among other activities, in the provision of mobile barcode platforms, including technical bi-dimensional code recognition solutions, and is a leading company in the industry worldwide;

 

WHEREAS, BEMS has made a cooperation agreement with Telefónica Internacional, S.A.U (hereinafter, “Telefónica”), for the exclusive commercial operation in Latin America for the practice applications and business opportunities arising from the use of technical bi-dimensional code platforms (hereinafter, for the purposes hereof, the “Technology”);

 

WHEREAS, for BEMS’ operation of the Technology in association with NeoMedia’s Platform, it is necessary for NeoMedia to grant BEMS a platform license;

 

WHEREAS, BEMS intends for such purpose to use as its prime vendor, a technology provider with renowned experience, technical good standing, and an owner of mobile barcode platforms capable of providing the support services required by BEMS;

 

WHEREAS, NeoMedia is a technology provider and the leading mobile barcode platform vendor, with intellectual property and technology assets covering barcode reading, management and scanning that meet BEMS requirements;

 

WHEREAS the Parties desire to enter into an agreement whereby, NeoMedia grants to BEMS a platform license, and provide the NeoMedia mobile barcode platform and related products for mobile barcode reading and BEMS becomes a NeoMedia distribution and sales channel; and

 

WHEREAS The parties desire to enter into Purchase Order through which NeoMedia will sell to BEMS certain hardware products to support barcode and mobile barcode based ticketing and couponing activities in support of BEMS’ customers;  

 

NOW, THEREFORE, in accordance with the foregoing and in consideration of the terms and conditions contained herein, NeoMedia and BEMS agree as follows:

 

1.

Definitions .

 

 

1.1.

“Licensed Platform” shall be set forth in Exhibit A hereto.

 

 

1.2.

“Field of Use” shall be set forth in Exhibit B hereto.

 

 

1.3.

“Royalty-Based Revenue” shall be set forth in Exhibit D hereto.

 

 

1.4.

“Territory” shall mean those countries identified in Exhibit C hereto, which may be amended in writing from time to time by mutual agreement of the Parties.

 

1


 

2.

License Granted and Services Provided .

 

 

2.1.

Subject to the terms and conditions of this Agreement, and for the consideration recited herein, NeoMedia grants to BEMS the right to use in the Territory the Licensed Platform owned by NeoMedia as set forth in Exhibit B hereto (“License”).  The License is granted on a non-exclusive basis in the Territory.  The License further grants BEMS the right to distribute NeoMedia’s NeoReader (1) by download to the mobile terminal of the user through the BEMS web site, and/or the web site of third parties with which BEMS may have reached an agreement to such effect; and (2) through the inclusion by the manufacturers of the NeoMedia NeoReader in the mobile terminals.  NeoMedia undertakes to cooperate with BEMS to establish such channels for the distribution of its NeoReader.  For such purpose, NeoMedia shall carry out tasks of technical assistance that may be necessary to set up the platform for NeoReader downloads in the web site of BEMS and/or third parties; and for the manufacturers to include said software in the mobile terminals as set forth in Exhibit E hereto. In this respect, NeoMedia undertakes to cooperate with the manufacturers of the terminals on identical terms, however, NeoMedia reserves the right to charge the handset manufacturer, on a time and materials basis, for porting, testing, and customization.  BEMS may also distribute the NeoReader through channels other than those described above, in which NeoMedia shall cooperate with BEMS on similar terms as those described herein. However, no rights are extended to BEMS, or any customers or others claiming rights through BEMS, for products or activities outside of the Territory.

 

 

2.2.

Subject to the terms and conditions of this Agreement, and for the consideration recited herein, NeoMedia shall provide to BEMS the support, maintenance, upgrade and update services (hereinafter, the “Support Services”) described in Exhibit F hereto.  The Support Services may be provided to BEMS or to BEMS’ customers.

 

 

2.3.

Subject to the terms and conditions of this Agreement, and for the consideration recited herein, NeoMedia grants to BEMS the right to grant a limited sublicense to limited portions of NeoMedia’s intellectual property to any company set forth in Exhibit H hereto, which may be amended in writing by NeoMedia from time to time, strictly in the Territory, which sublicense will be under the terms and conditions of this Agreement, and to the extent that the particular sublicensee acknowledges in writing that it is using NeoMedia’s intellectual property, with any revenue under such sublicense being included in Royalty Based Revenue. The specific portions of NeoMedia’s intellectual property to be sublicensed by BEMS and other restrictions on the sublicense will be determined at the time such sublicense may be granted and shall be determined solely at the discretion and under the terms established by NeoMedia.

 

 

2.4.

Subject to the terms and conditions of this Agreement, and for the considera


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